Blog/America’s Economic History
Did Life Insurance Companies Survive the Great Depression?
QUESTION: Did insurance companies just declare bankruptcy during the 1930s to escape liabilities? PD ANSWER: Personally, I have NEVER had an insurance policy that [...]
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Are Bonds Preferable to Stocks in a Crisis?
QUESTION: There are a few people coming out claiming the stock market will crash so buy bonds even though you will lose money. How can people keep calling for a [...]
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Trump & China Trade Deal – Cyclically On Target? When Mexican Coins Traded at a Premium to America’s
QUESTION: Marty; Are there any cycles dealing with the trade dispute with China that are relevant? OP ANSWER: Actually, yes. The United States created a two-tier [...]
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Why Has the USA been “Pinnacle of Global Success”
To the shock of everyone in politics and economics who can’t get enough socialism and want to bash that the disparity of income is so evil, these Marxists are [...]
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Marriage on the Decline but So is Divorce?
The big hoopla is that the divorce rate has declined among Millennials. University of Maryland professor Philip Cohen found that from 2008 to 2016, the U.S. divorce [...]
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Who was the Richest Man in Ancient History
QUESTION: Mr. Armstrong; You are a history buff. Who was the richest person in ancient times? Has there ever been a trillionaire? PD ANSWER: The Roman Emperor [...]
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Precious Metals were Worth Less than the Coinage
QUESTION: Mr. Armstrong; I do not understand your statement that even when coins were silver and gold, they were still a form of fiat money. Could you explain that [...]
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Has 95 become the New 65 for Retirement?
One of the more interesting downsides of the collapse in socialism is the impact upon the elderly. The data now shows that since the 2007-2009 recession, about [...]
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Jesse Livermore – Greatest Trader of All Time?
QUESTION: Dear Mr. Armstrong: Thanks for your soon reply. I ask you: 1. Why do you consider Jesse Livermore the greatest investor of all time?. 2. Which are the [...]
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The US Two-Tier Monetary System that Ended in 1971
QUESTION: You said the US had a two-tier monetary system under Bretton Woods. Can you explain that one, please? DHJ ANSWER: When Roosevelt confiscated gold, he [...]
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