http://www.whitehouse.gov/omb/budget The President’s 2013 Budget is out and it should be stated that there is no forecasting ability incorporated in this report. The projections are based on the assumption that what is in motion stays in motion. So the increase in interest expenditures that they freely show here will exceed all nondefense spending in the […]

Asia – The Coming New Financial Capital of the World   One of the most significant advantages of gathering historical information on the rise and fall of nations throughout history, has been the discovery of the true nature of the world economy and its interactions with mankind. Nothing lasts forever. There are four seasons to […]

Greetings From Hong Kong. The Sovereign Debt Crisis continues to unfold and governments everywhere are still trying to use short-term measures to solve a systemic problem that requires major restructuring of the world economy. Spain revealed yet another plan to cut 40 billion Euro from spending and it will take 3.1 billion from state employee […]

Things are turning so negative so rapidly, this is really starting to appear like the fall of Rome. The UK is tripling all fines related to taxes according to the FT. Europe & Australia and imposing a carbon tax and this of course is necessary for the environment as long as it ADDS revenues. Whatever […]

Part of the argument that is made to support a gold standard is that money should be tangible. That will never fly today for nobody knows what constitutes even the money supply. During the 1960s, if you bought a US savings bond, you could not go to the bank and borrow on it, This was […]

Copyright Martin Armstrong All Rights Reserved August 4th, 2012 We are on the Verge of a Very Profound Systemic Global Meltdown Why We Need Gold in Times like This I have never been one to yell fire in a crowded movie. But this is getting absolutely ridiculous.  The global economy is in such a tailspin and […]

HOW DO Empires Die? by Martin Armstrong I began writing what I thought would be a report. Toward the final chapters in Adam Smith’s Wealth of Nations, he wrote about Public Debt asking why anyone considered it to be quality since all governments defaulted on their debts and never paid them off. I assumed the […]

Copyright Martin Armstrong All Rights Reserved May 16th, 2012 Manipulating the World Economy Or Just Understanding How It Really Functions? Some people will never admit a mistake. No matter what I say, they just will not believe me. I have received emails from some nasty gold fanatics saying the government is right for whenever I […]

Copyright Martin Armstrong All Rights Reserved May 6th, 2012 Don’t Anybody Move Or the Black Guy Gets it! I have worked with people on Capitol Hill for some time now. I testified before the House Ways & Means Committee in 1997 on the global economy and taxation. When I was young and idealistically naïve, I […]

TACITUS THE HISTORIES TRANSLATED WITH INTRODUCTION AND NOTES BY W. HAMILTON FYFE FELLOW OF MERTON COLLEGE IN TWO VOLUMES VOLUME I Main index   Volume II OXFORD AT THE CLARENDON PRESS 1912 2HENRY FROWDE PUBLISHER TO THE UNIVERSITY OF OXFORD LONDON, EDINBURGH, NEW YORK TORONTO AND MELBOURNE 3TO D. H. F. ‘The cause of undertaking a work of this kind was […]