A Timeless Method for Resisting Tyranny – AIER
If I were to sum up the rousing message of Étienne de La Boétie’s 16th Century monograph, The Politics of Obedience: The Discourse on Voluntary Servitude, I would say we are not victims of the world we see. We have reversed cause and effect. Tyranny is not happening to us, it is happening because of […]
central banks will have to hold rates high for much longer
Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first deputy managing director of the International Monetary Fund, told CNBC Tuesday. “We also have to recognize that central banks have done quite a bit … But that said, we do think they should continue tightening […]
Global economies are out of sync; 2024 will be a ‘year of contraction’
Hong Kong observation wheel, and the Hong Kong and Shanghai Bank, HSBC building, Victoria harbor, Hong Kong, China. Ucg | Universal Images Group | Getty Images The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession in 2024,” according to HSBC Asset Management. In its […]
The Neocons & Endless Wars & Endless Corruption
https://www.armstrongeconomics.com/wp-content/uploads/2018/12/Rumsfeld.mp4 I reported that the Pentagon admits that “due to accounting errors,” they LOST $6.2 BILLION! This is nothing new. The Pentagon has NEVER passed even one audit. Money simply vanishes and is often used by the Neocons to undermine geopolitics to further their own agenda. Then there is the sheer price gouging that is mindblowing. There […]
Americans love American stocks. They should look overseas
“Iknow the allocation models don’t say this,” admitted Steven Mnuchin, a Treasury Secretary turned private-equity investor, last month, “but if I had to put money to invest for the next ten years I’d put 100% of it in the us economy.” Although Mr Mnuchin’s patriotism may be in part ideological—for he is both an investor […]
