Blog
The Bank of England All but Admits Recession
Posted Sep 23, 2022 by Martin Armstrong
The Bank of England (BoE) all but admitted the UK is officially in a recession. Bank Governor Andrew Bailey stated weeks ago that there was nothing the central bank [...]
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British Pound Falls to 37-Year Low
Posted Sep 8, 2022 by Martin Armstrong
The Bank of England has admitted defeat, admitting they cannot prevent a recession. The pound fell to the lowest level against the USD on Wednesday afternoon after [...]
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World War III in Financial Markets Begins
Posted Dec 16, 2021 by Martin Armstrong
As I mentioned on the Private Blog yesterday, the Federal Reserve declared World War III in the financial markets as the European Central Bank (ECB) was on its [...]
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Do Lower Interest Rates Promote Deflation?
Posted Oct 25, 2016 by Martin Armstrong
QUESTION: Mr. Armstrong; You have said that the only way to reverse the deflation is to raise interest rates not lower them. I understand that the low rates only [...]
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