French Protestors Target BlackRock
@c4news Protesters in Paris invade the offices of the US-based investment firm BlackRock, as unrest continues over the retirement age rising from 62 to 64. #France #Paris #Protests #franceprotests ♬...
View ArticleSwiss Man Identifies as a Woman to Retire Early
As of January 1, Swiss citizens may change their gender on paper for the price of 75 Swiss francs. Four days after the law was implemented, a man (born XY) by the name of Luzerner Zeitung found a way...
View ArticlePensions
QUESTION: Re: why the welfare state will collapse. Once again it seems that the computer is right. The United States will follow in the footsteps of Rome. My question for you is will the government be...
View ArticleIMF Recommends “DEEP” Negative Interest Rates as the Next Tool
The IMF has continued to assume that the zero-bound on interest rates can be a serious obstacle for fighting recessions on the part of the central banks. The IMF maintains that the zero-bound is not a...
View ArticlePrivate v Public Pension Funds & Who MUST Own Govt Bonds
QUESTION: Martin. Do you give credence to the work of … ? Can’t government pension funds be privatised or sent to open market? Thank you. NM ANSWER: No, I do not. The problem is far more complicated....
View ArticleECB Negative Rate Experiment May Lead to the Worst Financial Crisis in Modern...
QUESTION: Mr. Armstrong; Your proposition that the quantity of money theory is dead seems to be a true earth shattering perspective. It certainly disproves the Austrian School and the events post 2008...
View ArticleUK Pension Fund Insolvency Soars by 30% in a Single Year
The London Sunday Times business section headline demonstrates what is really facing us and governments implode. Public sector pensions liability surged 30% in a single year due to low bond yields. It...
View ArticleThe Pension Crisis –&– The Crash & Burn
QUESTION: Hi Marty – Question: You have blogged about the pension crisis and how Illinois and California on the brink of bankruptcy. Does this mean that other states which you don’t mention, like...
View ArticleFreedom Caucus & Big Bang
I have been warning that we are headed directly into the collapse of socialism; not capitalism, simply because politicians have been bribing people’s votes with all sorts of promises they never...
View ArticleGerman Private Health Insurance up 11% Thanks to Pension Crisis
Private health insurance in Germany now faces a massive contribution increase in 2017 of more than 11%. Add to this the banking crisis and we will start to see the core economy in Europe turn down...
View ArticleEU Govt. Pensions Explode to €63.8 billion
I have said that the European crisis is all about keeping jobs in Brussels, and now the truth is beginning to surface. The long-term cost of pensions for EU officials has increased very sharply...
View ArticleBritish Royal Mint Selling & Sorting Gold for Pensions
The British Royal Mint is looking to sell more of its gold reserves in the form of gold bars for pension funds for the first time. They are charging 1% to store it and then they want VAT tax on top of...
View ArticleNew Jersey to Follow Illinois Down the Drain
The New Jersey State Assembly has begun the pursuit of a constitutional amendment to guarantee pension payments for government workers over all other types of state spending. This would naturally...
View Article401K Coming Crisis – Robbing Your Future for Govt. Employees
401K is a Private Retirement Fund under US Law QUESTION: Martin, I’m still fairly young, so I don’t have a lot saved in my retirement accounts yet, but I’ve been maxing out my IRA for the last few...
View ArticleNegative Interest Rates Destroying the World Economy
QUESTION: Mr. Armstrong, I think I am starting to see the light you have been shining. Negative interest rates really are “completely insane”. I also now see that months after you wrote about central...
View ArticleIllinois on the Brink of Bankruptcy
The pension crisis is brewing and the one state that appears to be heading toward a complete bankruptcy is Illinois. Clients should not own ANY debt from Illinois, be it city, municipal, or state....
View ArticleThe Unfolding Pension Crisis
Part of the collapse in confidence we are experiencing with government stems directly from the fact that politicians engage in far more criminal behavior than anyone in the corporate world. While...
View ArticleWill Illinois Be the First State to Go Bankrupt?
The state of Illinois is in real trouble. The state employees have been bleeding the state dry and are demanding that they raise taxes so they can get theirs. This is the poster state for government...
View ArticleCalPERS – Buying the High in Bonds? Oh Boy.
CalPERS, California Pension Plan for government workers, is adopting policies that demonstrate that they are incapable of managing money. They cannot handle the “volatility” in stocks so they are...
View ArticleThe Markets Opening August 25, 2015
The world share markets remain volatile yet should begin to stabilize now showing tentative signs that the panic of Monday is starting to subside. The reported epicenter of Shanghai for the rout,...
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