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Sovereign Debt Crisis

The Future The Good and the Bad

  COMMENT: Good morning Mr. Armstrong, Thank you for your service to Mankind! I look forward to seeing you and Vicky again in Orlando. I was reading your Blog...

Where do We go? Is Any Place Safe?

  Many people have written in asking the same question: “My question is as follows. Since we are all connected in this world. Will there be any place at...

Interest Expenditures Will Now Exceed Military Spending – We are being Walled-In by our Own Debt

I have been warning for years at the World Economic Conferences that interest expenditures will reach the point that they will crowd out everything else. Well at...

The Sovereign Debt Crisis has Spread to 119 Countries

QUESTION: Mr. Armstrong; For the past two WEC events you have warned that the Sovereign Debt Crisis will strike first outside the USA and the rise in the dollar and...

IMF Proposed to Create Disaster Fund for Eurozone not USA

QUESTION: Mr. Armstrong; Do you advise the IMF or are they just taking your warnings and mimicking them? They are now telling everyone in Europe, not the United...

Draghi Admits He Cannot Stop Buying Gov’t Debt

Draghi has realized that he has singlehandedly destroyed the European bond market. Besides the fact that it is illegal to short government bonds, he has come face...

Britain’s New Law UNEXPLAINED WEALTH ORDERS Targeting the Rich

From January 31st, 2018, the UK authorities have a new power. They can now use new and expansive investigative authority to require both individuals and corporate...

India Enters the Sovereign Debt Crisis

I have warned continually that the Sovereign Debt Crisis will unfold not so much by people selling government debt, but by the lack of people buying new debt. The...

World Dollar Debt up 5.2% – World Euro Debt Up 10.5%

The Bank for International Settlements (BIS) has reported exactly what we have been warning about – the explosion in dollar-denominated debt outside the USA...

China Credit Rating Agency Downgrade USA

The Chinese rating agency Dagong downgraded the US creditworthiness over the tax reform. What is really a total joke is why anyone bothers to rank any government...