The Federal Reserve: Part II
The amount of propaganda against the Federal Reserve is incredible. What we must keep in mind is that its original design, which lasted for about one year, was brilliant. The classic banking model,...
View ArticleGreece 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 Byzantine Empire onward, the long-standing saying...
View ArticleLife Expectancy Increased by Six Years During the Great Depression
There was a major discovery that surfaced from the starvation during the Great Depression. Yes, people went to bed hungry. However, eating less increased the life-expectancy by six years for the...
View ArticleMerkel’s Obsession with Austerity & Bias of the Press Against Greece
The obsession with austerity stems from Germany’s experience with hyperinflation. This is akin to the USA’s obsession with the deflation of the Great Depression. Both political groups and nations fail...
View ArticleThe Truth About the 1933 U.S. Banking Holiday
Herbert Hoover’s memoirs (1951) documents the fact that Franklin D. Roosevelt (FDR) played a very dirty game of politics. There were rumors that FDR would confiscate gold. These rumors spread and...
View ArticleThe Long Depression – the First Great Depression
What actually constitutes the Long Depression has been debatable, for at first it was called the Great Depression, and then that title was transferred to the 1930s. Consequently, some limit the term...
View ArticleThe 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 defaulted on Americans and caused massive...
View ArticleAustria — 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, which was partly owned by the Rothschilds. The bank was forced to absorb another bank...
View ArticleHappy 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 be applied to Europe, will officially begin in...
View ArticleWhy 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. There is no risk of an 80-90% decline...
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Life Expectancy Increased by Six Years During the Great Depression
There was a major discovery that surfaced from the starvation during the Great Depression. Yes, people went to bed hungry. However, eating less increased the life-expectancy by six years for the...
View ArticleClik here to view.
Merkel’s Obsession with Austerity & Bias of the Press Against Greece
The obsession with austerity stems from Germany’s experience with hyperinflation. This is akin to the USA’s obsession with the deflation of the Great Depression. Both political groups and nations fail...
View ArticleClik here to view.
The Truth About the 1933 U.S. Banking Holiday
Herbert Hoover’s memoirs (1951) documents the fact that Franklin D. Roosevelt (FDR) played a very dirty game of politics. There were rumors that FDR would confiscate gold. These rumors spread and...
View ArticleClik here to view.
The Long Depression – the First Great Depression
What actually constitutes the Long Depression has been debatable, for at first it was called the Great Depression, and then that title was transferred to the 1930s. Consequently, some limit the term...
View ArticleClik here to view.
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 listen to money supply and conspiracy theories, then we...
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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 is threatening the entire banking...
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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 sacks to make dresses. When the...
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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 ANSWER: Oh, yes. Whenever...
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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 EVER paid what they promised. To me,...
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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 part of a healthy cycle between the...
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