QUESTION: You hear the big talk at Davos was the next big crash. Roubini,..etc all the big economists are calling for one in the next 24 months and say its due...
I have warned that about 50% of the German municipalities are on the verge of bankruptcy. The pensions have been unfunded and are absorbing everything. As we saw in...
Australia has been a resource-rich country that was used to running a surplus in the years headed into the 2007 financial crisis. The deficit now has a lot of...
QUESTION: Mr. Armstrong, What is a virtuous cycle? Thank You SK ANSWER: A virtuous cycle in the economy means that higher wages stimulate consumption, leading to...
Of course the Pro-Moscow rebels declared a complete victory in a referendum on self-rule for eastern Ukraine. They now want to join Moscow and the entire propaganda...
The head of Thailand’s pro-government red-shirt movement said any attempt by the Supreme Court and the Senate to set up an interim government as called for by...
Moldova is primarily made up of ethnic Russians. According to Russia, they have petitioned Russia to join. This has both Romania and Bulgaria concerned not to...
