Blog

EU Downgraded to NEGATIVE by Standard & Poor’s

Standard & Poor’s 500 Index has lowered the credit outlook for the EU as a whole toĀ NEGATIVE.Ā SPIEGELĀ Online reported, in addition to the new aid for [...]

Read More

IMF says Yuan is not Ready for Prime Time

The IMF has taken the position that itĀ should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016.Ā This seems to [...]

Read More

IMF Pulls Out of Bailout Loans for Greece

The Board of the International Monetary Fund (IMF) decided on Wednesday not to participate in the next credit-round for Greece.Ā The Board denied new loans to [...]

Read More

The Tax Hunt for Loose Change – Germany To Cause Mass Exit of Existing Assets

Well if you ever neededĀ PROOFĀ that gold is not money, but rather simply an asset class, all you need to do is look at what governments are doing. They are hunting [...]

Read More

IMF Says Greek Debt Should be Foregiven

Even the IMF has come out now to warn that Greece may need a complete debt write-off. This is sending an economic earthquake through Europe, for it undermines the [...]

Read More

What About the Amero?

The conspiracy camp all but concluded that the Amero would be issued by 2010 as a product of theĀ North American Monetary Union, which some argued was to be part of [...]

Read More

The Audacity of Lagarde – Exempt From Taxes

The audacity of Christine Lagarde, who insulted the Greeks by categorizing the whole nation as tax cheats, is up there with Trump calling all Mexicans drug dealers. [...]

Read More

Cyprus – Greece – Whose Next?

TheĀ Sovereign Debt CrisisĀ began with Greece asking for help from the IMF to the day of pi from the peak in the ECM 2007.15. The EU then crushed Cyprus to see how [...]

Read More

There is No Hope of Stopping the Crisis in Europe

QUESTION: Mr Armstrong; A friend works for a ….. Hedge Fund. He said you could put together a team to save Europe. Would you take up such a challenge? Thank [...]

Read More

IMF Numbers Warn the Troika Has Destroyed the Greek Economy

The IMF on Thursday issued its own analysis on the Greek economy. The new debt forecast numbers have been raised in recent months and while the IMF analysis is [...]

Read More