Blog

Could the Great Depression Have Been Prevented?

QUESTION: Dear Martin, I appreciate all you share. I watched a series on the Great Depression and they talk about how socialism saved capitalism. If true, is this [...]

Read More

Did Life Insurance Companies Survive the Great Depression?

QUESTION: Did insurance companies just declare bankruptcy during the 1930s to escape liabilities? PD ANSWER: Personally, I have NEVER had an insurance policy that [...]

Read More

Were There Government Defaults in Canada During the Great Depression?

QUESTION: You always mention how there were defaults and suspension of debt during the Great Depression by states and municipals. Was this also true in Canada? JRT [...]

Read More

Interesting Way to Increase Sales During the Great Depression

How bad did it get in some segments of the population during the Great Depression? Actually, during the Great Depression, women began reusing the fabric from flour [...]

Read More

Why Are Italian Banks Breaking Europe?

QUESTION: Mr. Armstrong, why are Italian banks in worse shape than most other countries. What happened to the bail-in program of the ECB? Can you explain why Italy [...]

Read More

Depression vs. “Helicopter Money”

QUESTION:  You wrote the Socrates site on 3/23/2016: “Once the “confidence” in government cracks for the BULK OF THE SILENT MAJORITY who do not [...]

Read More

Why The U.S. Stock Market is NOT a Bubble

A real bubble is when you suck in everyone who has no business investing in the stock market. We are nowhere near a bubble, despite the current correction process. [...]

Read More

Happy New Year — Bail-In Passed for Europe's Banks

The mainstream media is not extensively reporting on the “experimental” bail-in that the EU imposed on Cyrus. The bail-in, that they swore would never [...]

Read More

Austria — It Started the Collapse in Great Depression. Will It Do so Again?

In 1931, the sovereign debt crisis and banking system collapse began in Austria with the failure of Credit Anstalt (Creditanstalt), which was partly owned by the [...]

Read More

The First Christmas Tree in NYC, 1931

The first Christmas tree in NYC was erected in 1931 during the worst year of the Great Depression. During this time, almost all of the foreign sovereign bonds [...]

Read More