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International News

Is the Thai Baht Finally Ready to Decline Against the Dollar?

QUESTION: The Thai baht has been very strong for some time now. It doesn’t seem to be affected by the China – US trade war. Is the Thai baht a safe...

Germany & the SPD Proposed Wealth Tax

Acting SPD leader Thorsten Schäfer-Gümbel has drafted a concept for a wealth tax. He is proposing that this will bring the federal government €10 billion...

Advising Trump

QUESTION: Mr. Armstrong; you deny advising Trump. Yet you are the only person who had forecast that the US was holding up the rest of the world economy which he...

What Percent of US Economy Involves trade from China?

QUESTION: Are you saying that the China trade is not that big of a deal to the US economy? It seems like the press makes it sound like this is the end of the world...

China warning the Hong Kong Protests are a “Color Revolution”

  After 12 weeks of protests in Hong Kong, the likelihood of China sending in troops has escalated. Xinhua News Agency said Sunday in China recalling comments...

China v US Trade War

China understands the difference between the German mercantilist model of manufacturing and sells to everyone else and the United States which became the largest...

Australia Wants Two-Year Prison Sentences for Paying More Than $10,000 in Cash

In Australia, they want to make it a criminal act with a penalty of 2 years in prison for purchasing anything with more than $10,000 in cash. Australia is really...