Blog/Europe’s Economic History

Edmonton & the 7th Century

QUESTION: Mr. Armstrong…HOW DARE YOU!!!!!???? My brother lives in Edmonton, AB where the surface air temperature is a refreshing -23F as of 6:30 pm MST this [...]

Read More

Legarde & Green Bonds

  QUESTION: Marty; Why is Legarde pitching Euro Green Bonds when they lose money? JL ANSWER: If she can use the climate change nonsense to shame Germany into [...]

Read More

Happy Easter – But Why Do We Call it Easter

Easter is historically the most confusing holiday. Besides the calculation being complex, the traditions are also a blend of various different cultures. I have [...]

Read More

The Treasure Fleet that Sunk & Set in Motion the Decline of Spain

There is little doubt that Spain was once the Financial Capital of the West. Their discovery of America produced mountains of gold and silver to the point that they [...]

Read More

Portugal

QUESTION: Can you shed any light on the history of money in Portugal. There seems to be scant discussion of this subject. Thank you ANSWER: The first coinage of [...]

Read More

France Embracing Austerity?

The old-school ideas of economic theory will ensure that Socialism collapses and very hard at that. The German influence upon Europe has infected the mindset of [...]

Read More

Cars Sales Dropping as Taxes Rise

The demand for cars has been declining rapidly in Britain and that is impacting German car sales rather sharply. All price levels in cars have been declining, not [...]

Read More

Joseph Napoleon Bonaparte & His Exile in New Jersey

QUESTION: Years ago, while visiting Salamanca, Spain, I was told that Napoleon’s brother abandoned his rule over Spain and made off with a large cache of [...]

Read More

Taxes & Disasters – Always Repeat

QUESTION: Mr. Armstrong; You wrote that the 1906 San Francisco earthquake resulted in the Panic of 1907 and laid the foundation for creating the Federal Reserve. I [...]

Read More

Socialism Has Destroyed the Social Structure

  Once upon a time, couples would have three to five children for that was their retirement. Family was everything. Then came Marx who effectively replaced the [...]

Read More