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Sovereign Debt Crisis

War Bankrupts Empires, Nations & City-States – Here We Go Again

France was on the brink of its Fifth bankruptcy in 1720. France defaulted in 1558 under Henry II, following the costly Habsburg-Valois Wars (also known as the...

Debt & War

Many have been writing in about the FT’s article on the UK surpassing China as the 2nd largest holder of US debt. While they understand I have laid out that...

China Continues to Offload US Treasuries

China has been offloading its US Treasury holdings for years. Once the top holder of US debt, China cut its US Treasury holdings for the third consecutive month...

Dollar – Debt- War & Crypto

Bloomberg and the other Fake News outlets that hate Trump and want more EQUALITY, following the very same philosophies as Stalin imposed in Russia. All we hear is...

PRIVATE BLOG – The Propaganda Behind Treasury $10 bn Buy Back

PRIVATE BLOG – The Propaganda Behind Treasury $10 bn Buy Back Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to...

Are the Budget Forecasts Ever Valid?

QUESTION: Mr. Armstrong, this feud between Trump and Musk has caused me to wonder about Musk. Then, all of these forecasts are using tools you warned do not work...

Are States & Provinces Destined to Default by 2034?

You have to wonder why we have the most incompetent people in government, perhaps in history. While there is not a single leader in Europe who I would even want to...

The Great Migration Fleeing California & New York

The two states that are attracting the most investment capital and migration from the notorious Blue States of California and New York are none other that the two...

Global Debt Reaches 326% of GDP

Total global debt has peaked to 326% of global GDP, adding an additional $12 trillion of debt in the last three quarters of 2024, according to the Institute of...

When the US Government Defaulted on its Bonds

The first three Liberty bonds and the Victory Loan, sold to fund World War I, were indeed retired during the 1920s. However, because the terms of the bonds included...