Governments always know exactly where to find soldiers during economic decline. They look for debt, unemployment, hopelessness, and young men with no future. That has always been the pattern throughout history. Rome did it. Napoleon did it. Britain did it. The United States targeted poor communities for Vietnam and Iraq. Now, Russia is openly doing […]

Canada is walking into extremely dangerous territory and most people do not understand the implications because governments always package surveillance laws as “public safety.” That is how this begins every single time historically. They sell fear first, then quietly expand state power behind the scenes while claiming only criminals should worry. Now even Apple, Google, […]

The line between civilian society and war is disappearing completely. That is the real story behind Russia now authorizing its central bank and Sberbank to operate anti-drone systems and arm personnel to defend financial infrastructure. A country’s banking system is no longer simply processing transactions or moving money. It is now becoming part of the […]

For decades, Switzerland sold one thing better than perhaps any country on earth: privacy. That became its true export. People think of watches, chocolate, pharmaceuticals, or skiing resorts, but Switzerland’s real business was protecting capital from governments. That was the foundation of modern offshore banking. Switzerland has destroyed the very industry that made it rich. […]

Americans now owe roughly 1.3 trillion dollars in credit card debt, and the average household carrying balances owes more than $11,000. People are no longer using credit cards for luxury spending. They are using them to survive. A recent survey found that 42% of Americans believe they will carry credit card debt until they die. […]

QUESTION: Mr. Armstrong, your computer forecast the collapse of Russia. You even forecast a war would begin in Ukraine. Your computer did the same in Romania and Syria. You even forecast that this war with Iran would not be quick but drawn out. The word is you know the Middle East because you have been […]

COMMENT: Mr. Armstrong, we never met. I was introduced to Socrates at the insistence of a friend at another one of our divisions. There was no 80% Crash on April 29. The whole de-dollarization seems to be another hype, as we have witnessed ourselves. Your system allows you to plot anything in any currency. I […]

The U.S. Treasury has now frozen $344 million in cryptocurrency tied to Iran, according to Treasury Secretary Scott Bessent, who announced sanctions targeting multiple digital wallets allegedly connected to Tehran. Most people will view this story narrowly through the lens of sanctions on Iran or Middle East politics. The larger issue is far more important. […]

The push toward digital currency is being framed as innovation and efficiency, but when you strip away the marketing language, what is unfolding is a structural transformation of the financial system that shifts control away from individuals and concentrates it within governments and central banks. The Bank for International Settlements has confirmed that more than […]

Banking crises are often misunderstood because the visible panic comes at the end, not the beginning. The real stress builds beneath the surface. In the United States, banks operate on fractional reserves, meaning deposits are not fully held in cash. They are loaned out, invested, and leveraged. We saw a glimpse of how fragile this […]