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Tag: Sovereign Debt Default

Defaults & Stupidity

The West has forced Russia into its first foreign debt default since 1918. You really have to wonder exactly how our world leaders rationalize their reasoning....

A Question of Money — Interest & Bankers

QUESTION:  Mr Armstrong, interesting article today, the story of the store of value (at least long term) has always confused me. One can look at saving accounts...

Greece 2017 – Sovereign Debt Cycle

There is the old saying “Beware of Greeks bearing gifts” refers to the story of the Trojan Horse. Yet in Eastern Europe, because of the defaults of the...

This Time It Is Different

For years, I have warned that we will face our worst nightmare – the collapse of socialism. In the death throes of this abomination that even the Ten Commandments...