The Cyprus Bail-In seems to be coming in as 47.5%. Keep in mind that the loss is due to the banks holding debt from Greece that the EU promised would never happen. The entire European Banking System is at tremendous risk. Aside from the issue of proprietary trading that went sour as in New York, […]

The Dow has been inching higher but has been unable to reach the major resistance area that we have outlined at the 16000 level. Many markets have reached a temporary high this week and the next two weeks will now become interesting. The fact that the Dow has backed off to some extent and has […]

Around the globe people are rising up as Socialism is collapsing. All the promises of a better life have allowed governments to grow like mold in a closed bag of bread. The youth have no future for as government continue to hunt down any money as the G8 leaders pledged to hunt down anyone who […]

QUESTION:  Martin, On Page A11 of the IBD today (5/29) a statement was made that seems to fit your claims.  It is something that having been in the business for 24 years I was unaware of.  The entire article is actually quite interesting. Please clarify the following, made in the 4th paragraph; …..BNP Paribas in […]

Behind the dramatic fall in the gold price has been the subject of countless conspiracy theories that all pretty much center on the notion that the entire global economy revolves around gold. The only tangible conspiracy by governments is to hunt down as much cash as they can. The real secret strategy of central banks […]

We firmly believe in privacy and liberty. Ideas even like Bitcoin count on the simple fact that there is some RULE OF LAW that will be respected. There is none. As the Sovereign Debt Crisis unfolds, they are really hunting down everything they can possibly get their hands on. Canada is now taking the position […]

A truly massive amount of names of people who have accounts offshore has been obtained and is up there now with the Hunt for Red October. Germans, Italians, Canadians, Americans, and more, are all up for sale. Because politicians are Marxists and cannot manage an economy, they have the audacity to criminalize anyone who has […]

Government is always the single greatest threat to society & the economy. It was the greed of the Democrats that caused them to raise taxes when there was a real estate boom in the late 1980s.They reduced the amortization benefits in real estate and caused investors to bail out. That resulted in a one-way market – […]

The computer called for a high at this time a year ago. There is nothing new. The same old news of QE3 will be inflationary is just nonsense. We have massive deflation still going on. The key to watch is interest rates. Do a simple correlation and you will see that inflation requires rising interest […]

Copyright Martin Armstrong All Rights Reserved August 19th, 2012 Debt is Destroying Everything. Where is Common Sense When We Need it the Most? By Martin Armstrong  This whole Sovereign Debt Crisis is starting to look like Nero playing the fiddle as Rome burns. We have to realize that Western society is at the breaking point […]