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World Events

Bankers: Have They Ever Been Good?

QUESTION: Mr. Armstrong: I hope you are well. I ask you: 1. What were the contributions to the economy and international trade, of the great bankers of the modern...

US Budget Deficit Increases – The Crash & Burn Begins

The US government says it ran a $US587 billion budget deficit for the fiscal year, which was a 34% increase over last year. Deficits have simply become a standard...

Syria the Focal Point

QUESTION: Marty; You said Syria was the focal point for this ECM wave and the target for the beginning of World War III. I read your piece on Syria and the issue of...

Elizabeth Warren Calls for the Dismissal of the Head of SEC Who Refuses to Comply with Law

Elizabeth Warren wrote to Obama demanding Mary Jo White, the head of the SEC, be fired. She wrote: “I do not make this request lightly.”  Warren has...

Brussels Contemplates Outlawing Short Selling on European Bank Stocks

The European banks are in much worse shape than their US competition. The reason being argued in Europe is that the US government imposed a ban on speculation...

East Coast Internet Hubs Down with Cyber Attack

There was a massive cyber attack on one of the main hubs for DNSs traffic on the east coast, bringing down several websites, some including Amazon, Visa, Netflix,...

Sovereign Debt Crisis is Percolating – Greece Asks for Debt Relief

Greek Prime Minister Alexis  has come out today and bluntly warned that failure to agree on a debt restructuring for Greece would push it into a perpetual spiral...

Will World War III be Nuclear?

QUESTION: Marty, do you think nuclear weapons will be used this time? PDH ANSWER:  History is a road map to the future because human nature remains the same....

The Media is Ensuring the Destruction of Western Society

COMMENT:  In the recent presidential debate, Clinton boasted of her 30 years of PUBLIC service. Trump spoke of the Clintons having a personal fortune of...

The Winds of War are Blowing

Capital flows are intensifying. This is why oil is up, gold is up, euro down, US share markets up. Things are shifting quietly. Norway reports that Russian ships...