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Armstrong Economics
Primary focus: Business
The article I published on AI Robots of Elon Musk they asked if they could republish it in a major newspaper – the World Tribune. Perhaps there is a crack in mainstream media starting to appear. I know that the people who hate you the most, always read you first just to fan the []
European Commission President Ursula von der Leyen met with Mario Draghi in Brussels to discuss the EU’s competitiveness agenda and the implementation of Draghi’s 2024 report at Draghi’s request. Whenever these two gather behind closed doors to discuss “competitiveness,” the European taxpayer should grab his wallet because Brussels has never encountered a problem it did []
Washington keeps insisting the economy is healthy because unemployment has not collapsed and inflation has moderated. Then you look at housing, and the entire narrative falls apart. A nation cannot call itself prosperous when ordinary working families can no longer afford the most basic measure of financial stability—a home. The National Association of Home Builders []
QUESTION: You have mentioned that the neocons never look behind the end of the nose. Do they ever assess the risks correctly? Is it because they are just biased by what you have pointed out in Wolfowitz’s policy? D ANSWER: I have studied military tactics. As I have said, my father was a colonel with []
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 2,694.42 points or -4.03 to 64,141.12 Shanghai decreased 118.258 points or -3.05 to 3,764.155 Hang Seng decreased 446.36 points or -1.78 to 24,562.24 ASX 200 decreased 44.00 points or -0.50 to 8,796.70 SENSEX increased 964.58 points []
One of the greatest lies in politics is that anyone who opposes excessive government regulation must therefore oppose government enforcement. Those are two entirely different issues. I have always argued that government has expanded into areas where it has no constitutional business while simultaneously abandoning the few responsibilities that actually justify its existence. Protecting the []
New York City Mayor Zohran Mamdani has decided to enter the realm of international diplomacy by threatening to arrest Israeli Prime Minister Benjamin Netanyahu should he attend the United Nations General Assembly this September. Speaking to the New York Times, Mamdani called Netanyahu “a war criminal” and declared, “Netanyahu belongs in The Hague.” He said []
Vladimir Putin met with North Korean Foreign Minister Choe Son Hui at the Kremlin after she delivered a personal message from Kim Jong Un reaffirming North Korea’s unconditional support for Russia. Moscow thanked Pyongyang for sending troops to assist Russian forces in Kursk and both governments pledged to deepen the strategic partnership signed last year. []
QUESTION: Martin, How does the richest man in the world not understand basic economics? Blog post? BT ANSWER: For the life of me, I believe this sort of thinking all stems from Karl Marx and this distorted idea that the object is to be taken care of by government and just lay around and watch TV []
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai increased 32.127 points or 0.85 to 3,796.281 Hang Seng increased 580.81 points or 2.36 to 25,143.05 ASX 200 decreased 5.40 points or -0.06 to 8,791.30 SENSEX decreased 442.93 points or -0.57 to 77,708.52 Nifty50 []
