Blog/Europe’s Economic History
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
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
The USA is in its Death Throes
Obama is reviewing the ban on military weapons for police forces after multiple instances of deliberate attacks on police officers. Instead of prosecuting the bad [...]
Read More
Paris Under Water but Not as Bad as 1910
COMMENT: Here in France, they are blaming this flood on global warming. It seems that anything to do with weather they point to global warming and want more [...]
Read More
Thatcher’s Bruges Speech Should be Played on National TV
Margaret Thatcher’s historic speech known as the “The Bruges Speech” was delivered on September 20, 1988. Thatcher’s speech rejected the political [...]
Read More
