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It’s a Recession Not a Depression

The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from those living off government assistance, are better off now than they were four years ago. Americans cannot be gas lit into believing the economy is sound when […]

Real Estate vs Supply & Demand

QUESTION: Mr. Armstrong, My question on real estate is that we are in a period where demand has outpaced supply. Has the migrant crisis and climate change collided to create a perfect storm in real estate? Thank you FH REPLY: The only good news for real estate is that smart money is starting to look […]

Taiwan’s Defense Strategy – US Protection

Taiwan’s new administration under President Lai Ching-te has been extremely vocal in its distaste for the One China policy. The Democratic Progressive Party (DPP) campaigned on the promise of sovereignty and patriotism. No other president has been this outspoken about China’s control over the small nation that clearly cannot defeat China independently. Yet there is […]

Bank of Canada 1st Among G7 to Cut Rates

COMMENT: Marty, I attended your Toronto Institutional session when the Bank of Canada had a table of 10 people. People would ask you what the central banks were looking at, and you would respond. Everyone then turned to see if they flinched. They were the best of times, as they say. For us long-timers, it […]

US Implements High Tariffs on Chinese Goods

Worsening relations with China, the United States just hit China with a new wave of extremely high tariffs. Around $18 billion worth of Chinese goods will be affected, but the White House deems the tariffs necessary to help American industry. Washington wants everyone to drive an electric vehicle, so long as it is not produced […]

Don’t Come to Norway – Taxing Our Way into 2032

In 2021, the Extreme Left Labour Government seized power in Norway, overthrowing the eight years of Conservative rule. Labour won 48 of the 169 parliamentary seats, one less than in 2017, but the Conservatives lost nine seats and were left with only 36. We can see that 2021 was low for the US dollar after […]

Milton Friedman Explains Why Stakeholder Capitalism Fails

What brought thousands of people together to create something as simple as a pencil? Some may be familiar with the late economist Milton Friedman’s popular analogy of how a mere pencil represents the effectiveness of a free market. No single human could create something as simple as a pencil. The phone or computer you are […]

Russia Responds Precisely on Target

Nearly $300 billion worth of confiscated frozen Russian assets have been set to the side by the West. Some of the world’s leading decision-makers have been urging the powers that be to release these funds into Ukraine, arming Russia’s enemy with the private wealth of its own citizens. Russia has finally responded to these threats […]

Why We Cannot Reach the Fed’s 2% Inflation Target

The Consumer Price Index (CPI) released on April 10 by the US Bureau of Labor Statistics reported that inflation rose by 0.4% on a monthly basis and by 3.5% on the yearly. One must only look at their bills, items in the store, or open their eyes to see that the cost of living in […]

Democrats Destroying the United States – Here Comes the Recession

The stats are in, revealing that Biden has flooded the nation with over 6.4 million illegal immigrants who have entered the U.S., bringing the total to now 13.7 million that the government must support. They are bankrupting cities, raising crime like never before since countries are emptying their prisons and shipping them to Bidenville. The […]