The BUBBLE for 2015,75 should be the bond market – not stocks. The capital flows should move into the typical flight to quality mode and drive rates even lower. This will set the stage for BIG BANG. To accomplish that, we should see the stock markets tread water, but not necessarily drive off the cliff. […]

  China’s economy has surpassed the United States and is the new number one in the world. We forecast for more than a decade that China would become the new Financial Capital of the World by 2032. That entails more than just its GDP and purchasing power. To accomplish that goal requires a safe place […]

The International Monetary Fund (IMF) recently released the latest numbers for the world economy. And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared with $17.4 trillion for the USA.The Chinese economy just overtook the United States economy to become the largest in the […]

  On page 13 of the IMF Working Paper entitled Sovereign Debt Restructurings 1950–2010: Literature Survey, Data, and Stylized Facts, you will find this timeline on how to deal with the coming Sovereign Debt Default. Behind the Curtain, they know what is coming. They appear to be even using our timing. Numerous emails have come in asking […]

The great evil the socialist/communist economists like the French economist Thomas Piketty who distorts data in order to harp about that the rich always get richer. Piketty is like the Global Warming crowd, if the data disproves your argument – alter it. You are working for a higher cause than just truth. Piketty claims the bottom 90 percent’s […]

QUESTION: Hi Mr. Armstrong, I just read your 1997 Edinburgh transcript which you posted. It sounds like you could have written it today, which brings me to my question. It seems that we have drifted through the last 17 years dealing with the same corrupt systems and find ourselves in the same position, so why do […]

Reuters has reported from documents just unsealed yesterday that the US government had threatened to fine Yahoo $250,000 per day if it refused to turn over all its customer data to intelligence agencies. There does not seem to be any politician capable of comprehending that these  intelligence agencies are destroying commerce internationally. This may be why our […]

  Hadrian’s Wall Divides Scotland from England Since Roman Times QUESTION: Mr. Armstrong;  A friend of mine attended one of your Edinburgh conferences here in the nineties where he said they introduced you as a 7th generation Scotsman not as an American. He said you answered the question in 1997 and said that Scotland would […]

Merkel is under serious pressure from two fronts. The sanctions against Russia are having a major impact upon the European economy as a whole. This has caused Merkel to bluntly state that the US cannot solve all the problems of the world. Indeed, what she is not saying is that these US policies may be […]

Global central bankers led by Federal Reserve Chair Janet Yellen gathered in Jackson Hole for their annual Marxist Festival. Of course, those in government are just way too dangerous because whatever they see never involves them as a cause of any problem. It is impossible to see how to engage the economy when you eliminate […]