QUESTION:  Hi Marty – Question: You have blogged about the pension crisis and how Illinois and California on the brink of bankruptcy. Does this mean that other states which you don’t mention, like Florida, Texas, and New York, are financially sound and are going to be able to pay out pensions to their retirees for […]

Illinois House had voted 72-45 to pass a 32% income tax hike as government refuses to address the real issue of a never-ending need for more and more tax revenue to keep state employees rolling in their pensions. The governor vetoed the tax increase and he was overriden. There is absolutely no hope for Illinois. […]

QUESTION: Mr. Armstrong; Reading between the lines, it seems that you support bank bailouts at taxpayer expense. Is this not counter to free market philosophy? KE ANSWER: Yes it is contrary to free market philosophy. However, it is the only reasonable solution at this moment in time without structural reforms to the financial system. If […]

  The July 22nd, 2017 Frankfurt half-day seminar will be targeting Europe. The week before is a rather important turning point and if Theresa May cannot form a government within a week or so, we are looking at sheer chaos now coming from Britain. The entire EU is coming unglued. We have a major pension crisis […]

2017 World Economic Conferences This year’s Orlando World Economic Conference is going to be important. Things are shaping up political to be a real nightmare and the markets are reflecting total confusion. As we head into 2018, this may actually present not the trade of a lifetime, but the trade of several lifetimes. As they […]

QUESTION: Marty; I watched the National Geographic special called Genius on the life of Einstein. I could not help but see the parallel with you from fighting the establishment, going head to head with the academics, and how the FBI tried to trump up charges against him to send him to prison. He also said the […]

The European Central Bank (ECB) has announced as of June 23rd, that it was declaring two Italian banks insolvent. Veneto Banca Spa and Banca Popolare di Vicenza Spa have failed since the two banks repeatedly violated the regulatory capital requirements. The determination was made in accordance with Article 18 (1a) and Article 18 (4a) of […]

McCain’s hatred of Putin is beyond description. He would love nothing more than to start World War III with someone. Since war today would result in the deaths of countless millions, the best solution is we put just the leaders in a boxing cage match and let them fight it out. McCain wants to be […]

We have prepared a very important special report on Britain in the wake of the British election. This special report covers the forecast for the British pound (otherwise known as cable or starling) against the dollar, euro, and the Japanese yen. Additionally, this covers the long gilts and the share market. We have also addressed the rising tensions once again in Northern Ireland that may reignite violence.

Moreover, we address how all three forecasts said that the Conservatives and Labour would gain in the election. Yet, the Conservative would get more votes than Labour, but somehow the forecast that the pound would still move lower seemed to be at odds with a conservative government and BREXIT. It looks like the computer was correct anyhow, and a hung Parliament made all three forecasts correct.

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Then we have workers being replaced by robots along with driverless cars. Here too, thanks to the elitists like Bill Gates, who suddenly wants to be an economist, he comes up with the solution that the government should tax robots as if they are workers. This, he proposes, would prevent the depletion of the government […]