Blog/World Events

Canada to Fingerprint Foreign Travelers

Canada will collect finger prints and digital photos from all foreigners traveling on a visa under a new security measure being introduced. The measure, which [...]

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Turkish Election Shows Political Change

Turkish elections have resulted in uncertainty, as the share market fell about 8%. President Tayyip Erdogan was hoping for greater power but the people had [...]

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Obama Is Targeting Your Retirement Accounts

Presidential approval ratings show that Obama now enjoys the status of a lower approval rating than George W. Bush, and that is really saying something. Obama is [...]

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Summers Blames People Who Save

We are simply drowning with people in charge who have no real world experience. According to the former US Treasury Secretary and Harvard economist Larry Summers [...]

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Tax Rebellion in Denmark?

In Fredensborg, Denmark, ten official cars from the Tax Administration Office were set on fire and destroyed overnight in a protest. Police received notification [...]

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Distinguishing the Three Flavors of the Debt Crisis

Not all debt has the same economic effect, for like ice cream, there are at least three basic flavors: If someone borrows to create a business, this is the most [...]

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The Fed & Interest Rates: The Nightmare That Will Not End Nicely

QUESTION: Mr Armstrong; You have written that the Federal Reserve remains on track to raise interest rates later this year and this will accelerate the capital [...]

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Municipals Squeezed Between Feds & State

In response to questions from a major U.S. city and the debt crisis, I will not mention the names for this is sensitive and highly political. I have decided to [...]

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Global Warming Stopped 16 Years Ago

The Daily Mail released the numbers, showing all along that this idea of global warming has been just a natural cycle. London used to be horrible to live in during [...]

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Why Negative Interest Rates Invite a Dark Age

The quest to eliminate cash is all about Negative Interest Rates for as long as cash exists, people would withdraw their money from banks and stuff it in a [...]

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