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Armstrong Economics 101

US GDP & Recession into 2028

QUESTION: Mr. Armstrong, Socrates correctly picked March as the Directional Change, and it looks like there will be a sharp decline into June. Are you expecting a...

Global Taxation – Proposal to Fight Climate Change and Poverty

Finance ministers from France and Brazil are urging the G20 to implement a minimum 2% tax on billionaires in an effort to fight climate change and poverty. Everyone...

Macron ready to Start WWIII as We head into May 7th

PRIVATE BLOG – Macron ready to Start WWIII as We head into May 7th Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates...

On the ECM and Why

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Public Sector Multiplying – Skewed Jobs Report

Fed Chairman Jerome Powell essentially said he was unimpressed by the “strong” jobs report, and it certainly was not enough for the central bank to even...

Russia Set to Outpace All Advanced Economies – Sanctions FAILED

Sanctions and the removal of Russia from SWIFT have not deterred the Russian economy. A recent report by the International Monetary Fund (IMF) predicts that...

Why We Cannot Reach the Fed’s 2% Inflation Target

The Consumer Price Index (CPI) released on April 10 by the US Bureau of Labor Statistics reported that inflation rose by 0.4% on a monthly basis and by 3.5% on the...

Who is Binaifer Nowrojee? The Incoming President of Open Society Foundations

Binaifer Nowrojee has been appointed as the president of George Soros’ Open Society Foundations (OSF) as Mark Malloch-Brown plans to officially step down in June....

Imagine Waking from an 8-Year Coma – Reflections from the Last ECM Wave

The year 2015 was not long ago, and yet the entire world economy has changed. Central banks mismanaged monetary policy through arbitrarily low interest rates and...

We are TOO Stupid to Vote

Aristotle believed that after Pericles died in 429 BC, the demos had continually appointed charismatic demagogues who undermined Athenian democracy. The three main...