Armstrong Economics

Many realized that the US had converted the dollar into a geopolitical weapon. That caused the start of the dumping US debt. As I have said, you DO NOT OWN THE DEBT of an adversary. What has confused many is the rise in purchasing of US debt by Britain. zurl.co/T3KbF

One company has been looking to one of the world’s oldest professions to gauge the economy—sex work. “It operates on the premise that sex work, being a discretionary luxury, is among the first sectors to feel the pinch during economic downturns.” zurl.co/IXGre

Keir Starmer and Narendra Modi brokered a “free trade agreement” yesterday that is expected to lift the UK economy by £4.8 billion annually, with £6 billion in investments by Indian and British corporations. zurl.co/SEPPD

Banks have the ability to debank customers at a moment’s notice. Canada successfully weaponized its banks against the people during the Trucker Convoy, a peaceful protest demanding the right to bodily autonomy during the COVID-19 vaccine mandates. zurl.co/y1gey

Spain Creates Taskforce to Monitor Far-Right Groups Online Amid Migrant Clashes - The government’s emphasis on “far-right activity” comes after yet another instance of violent clashes between native residents and migrants. zurl.co/UzzFD

For hundreds of years, Cambodia and Thailand have engaged in occasional military conflicts and nationalist rivalry centered on a disputed border. We’re getting reports from Thailand that an F16 bombed a Cambodian military target. zurl.co/DKgKw

Ground beef is the new egg as the media has turned its attention to a new grocery item impacted by inflation.The average price for a pound hit $6.12 in June, up 12% YoY, and the highest price recorded since the government began collecting data in the 80s. zurl.co/9fYIn

Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of closures will take place in the United States. Q1 experienced 148 net branch closures in the US, with all major banks slated to close branches throughout the year. zurl.co/qxE5x

China has been offloading its US Treasury holdings for years. Once the top holder of US debt, China cut its US Treasury holdings for the third consecutive month this May. Total holdings have fallen to $756.3 billion from $757.2 billion in April. zurl.co/KyU1S

Cash Accepted Here – Payment Choice Act - Once cash is gone, you’ll have no ability to opt out. So yes, we need to protect cash, and that may require legal guarantees that it remains a valid and accepted form of payment. zurl.co/kOSn1

NEOCONS – Destroying Our Western Civilization - Their hostility toward Russia stems from ideological and strategic motivations that date back to when Khrushchev said, “We will bury you,” a boast that he believed communism would defeat capitalism. zurl.co/PpT8b

The people of every Build Back Better nation have been suffering the repercussions of open border policies. Civil unrest has erupted in nearly every European nation as the people refuse to sit idle as their demographics forcibly change. zurl.co/B8UJ2

US legislators passed bills aimed at targeting cryptocurrencies– the CBDC Anti-Surveillance State Act, GENIUS Act, and CLARITY Act. Some believe the CBDC Anti-Surveillance State Act and the CLARITY Act will ensure the USD is never digitized. zurl.co/Hg0O3

Will the EU last beyond 2026? - Ask yourself if Germany were at war with Ukraine and Putin said Here are long-range missiles so that you can attack Berlin and Frankfurt, would Germany look to just Ukraine or to Russia orchestrating the whole war? zurl.co/JZgZb

War is Coming, NATO Wants to Send 250,000 Troops into Ukraine - Martin Armstrong zurl.co/MdVC5

The Treaty of Versailles Part II? - Vladimir Putin has 580 billion additional reasons not to end the war. German Chancellor Friedrich Merz entered office with a clear intent to usher Germany into World War III. zurl.co/deYal

Teens in the United Kingdom were recently deemed too irresponsible to use social media and user-generated online content. Yet, the government has deemed it appropriate to now permit teens to begin voting in elections at the age of 16. zurl.co/lD5zw

The Bank of Canada released a new report detailing that around 60% of outstanding mortgages are set to renew in 2025 or 2026, and those homeowners are highly likely to see a rise in monthly payments. zurl.co/cZIfJ

US Secures $15B Energy Deal with Italy - Unlike other European countries that are hesitant to rely on the US under Trump, Italy’s Giorgia Meloni has sought to strengthen ties with the world’s leading economy in mutually beneficial trade agreements. zurl.co/odYqM

The European Union has proposed a €2 trillion budget over 7 years, with a focus on military defense spending. Again, Brussels is proving that when governments face internal collapse, they do not turn toward reform. Rather, they turn toward militarism. zurl.co/R1Tp1