Many academics are truly amazing. They talk in circles, assume they are far above everyone else, and thus pontificate from the Ivory Tower without ever stepping foot out the door. There is a growing  consensus that deficits no longer matter. WHY? Because they cannot explain how government has run persistent deficits yet nothing has happened. Therefore, […]

The rise in taxation is driving costs higher, yet simultaneously lowering economic growth long-term We call this STAGFLATION because you get the worst of both worlds – rising prices with lower economic growth. Germany is headed into recession and their austerity policies have created massive deflation, high unemployment, and increased the pressure to cause the […]

The German Finance Minister Wolfgang Schaeuble wants to globalize tax collection with greater international cooperation to hunt down everyone and everything. He says government (ECB) has done everything right! This is the deflationary side. Yes, on the one hand they monetize and the other they reduce disposable income furthering recession. This is ALWAYS how empires die. […]

A report compiled by the British Parliament illustrates that the level of outright fraud and corruption within government are greater within the EU than the EU Commission cares to admit. The entire problem is government pretends to be democratic but it is anything but. Until we end career politicians, there will be no hope. http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&eotf=1&u=http://deutsche-wirtschafts-nachrichten.de/2013/04/18/britische-kommission-eu-ist-ein-gigantisches-betrugs-system/ […]

Recently the American Civil Liberties Union under a Freedom of Information Act request got internal documents of the IRS that take the position that the IRS maintains it can read American citizens’ emails without a warrant. As always, the government agencies ALWAYS interpret their authority as broadly as possible with no regard for any constitutional rights. The […]

The government is moving rapidly toward eliminating paper money. Take a $100 bill to Starbucks or CVS and they look at you strangely. They say most people pay with cards. They rarely have change. From the government perspective, absolutely everything you buy and where you are is now tracked and retained historically. They no longer […]

One of the most critical aspects of why it is so important to understand history is because it is both a catalogue of solutions as well as potential threats. At the Sovereign Debt Crisis Conference today we discussed FORCED LOANS. Both the cities of Venice and Florence issued laws FORCING citizens to buy their bonds. This […]

The French tax Gestapo has raided the french subsidiaries of eBay, Paypal, Google, Amazon, and even LinkedIn (LinkedIn France SAS) in Paris. The French tax Gestapo over the last couple of months have raided many large US multinationals looking for money and French using their systems and emails, They fail to undetrstand all they are doing is now chasing […]

Two Russian bombers on the 12th flew over the U.S. Overseas Territories of Guam, forcing the U.S. military fighters to be scrambled in response withe two F-15 fighter planes. The curious incident took place just before Barack Obama delivered his State of the Union speech in Washington which may explain why he was late. http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=auto&tl=en&twu=1&u=http://news.xinhuanet.com/world/2013-02/17/c_124354233.htm&usg=ALkJrhgpPDPj77HjAlRuhPys7qaLHRbD-A

Copyright Martin Armstrong All Rights Reserved January 10th, 2013     It is absolutely  IMPERATIVE to understand that what we face is by no means HYPERINFLATION. If you keep thinking that government will somehow just print their way into oblivion, you are going to lose your shirt and pants along with the car and house. I have tried […]