Blog

The ECB is Insolvent Based on Their Standards

As we approach 2017, the euro appears far worse than anyone could imagine. The biggest hypocrite is actually Mario Draghi who is outrageously managing the [...]

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Do Lower Interest Rates Promote Deflation?

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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Peak in Bonds/Low in Interest Rates – Is it Time Yet?

If there was ever any question that this is a bond bubble with a 5,000-year low in interest rates, the final bit of insanity just took place. Italy managed to sell [...]

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Draghi Cannot Admit He is Wrong

Mario Draghi cannot possibly admit that he is dead wrong in managing the European economy. This idea that continuing to lower rates will somehow inspire people to [...]

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ECB Brings European Banks to the Brink of Disaster

The European banking crisis is spreading rapidly. There are now concerns in Italy and in Portugal as well. The ECB cannot even understand why people would not want [...]

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Draghi Has Lost It Completely

The European Central Bank (ECB) announced it will decide in the coming months whether monetary policy should be eased any further. Clearly, Draghi is completely [...]

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The 2015.75 Crisis Moving into 2020.05

The world financial crisis that is unfolding post-2015.75 is different from that which followed the 2007.15 peak in the ECM. As stated countless times, each event [...]

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ECB Begins Buying Corporate Bonds

The European Central Bank (ECB) will start buying corporate bonds on June 8. This will broaden Quantitative Easing by expanding it to a new asset class in a [...]

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Draghi at War with Reason & Other Central Banks

Tensions are starting to rise between Germany and the ECB because Draghi will not admit his negative interest rates are causing an economic meltdown. “We [...]

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ECB & Helicopter Money

So-called helicopter money involves using a central bank’s power to create money to directly inject funds either into government coffers or straight into the [...]

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