The Legislative Analyst Office (LAO) found that California is facing “double-digit operating deficits in the years to come” as a result of reckless government spending, contributing to the California budget deficit. For the 2025-26 period, the LOA believes the state may have a balanced budget but called Newsom’s spending and policies highly unpredictable. For now, the state […]
Martin Armstrong, Armstrong Economics Home sales in the US rose to a four-year high after rising 12.1% YoY, according to a new Redfin report. As I stated, we are entered a buyer’s market in May of 2024 in line with the ECM. Gone are the days of bidding wars and skipped inspections. Home inventory has picked up […]
by Martin Armstrong Armstrong Economics The World Health Organization (WHO) is a globalist entity forcefully pushing members into a One World Government under the premise of health. The members of the organization are unelected, and yet, they have proposed countless measures that dictate how the people of the world should live such as global taxation […]
The Burning Platform Guest Post by Martin Armstrong The first three Liberty bonds and the Victory Loan, sold to fund World War I, were indeed retired during the 1920s. However, because the terms of the bonds included a Ponzi Scheme that allowed the bondholder to swap them for the newer bonds, with superior terms, most of […]