Futures studies or foresight (previously known as futurology) is the study of postulating possible, probable, and preferable futures and the worldviews and myths that underlay them. — Wikipedia (2010)


Disturbing Signs of Increasing Polarization


Why governments need to ‘self-disrupt’

Columnist Mohamed A. El-Erian writing for Bloomberg, republished in Marketwatch Technical innovation is all around us, yet countries including the U.S. don’t know how to adapt to change. Mohamed El-Erian: ‘Western political and economic structures are, in some ways, specifically … Continue reading


October, October

An interesting month ahead for October should see a spike down in US stock markets. Potentially this will be the low of the sell off since the highs this year (DJIA 183350.46, SP500 2132.02). The nature of the rally from … Continue reading


Financial Markets On Schedule 22/08/2015

US stock markets have fallen strongly over the last week completing the topping process that has lasted for many long months. Stock markets are expected to move down to the 15855 level basis DJIA (S&P500 1820) and lower. Our predictions … Continue reading


An apocalyptic vision of Singapore

Roland Cheo writing for The Strait Times Too hot for habitation, Singapore in 2065 houses its people in cooled caverns underground, who connect via virtual media, not face to face. Imagine the year 2065, when you mention “Singapore,” you no … Continue reading


The Great Sovereign Debt Crisis Coming Soon

Starting in Europe and reaching public consciousness when Japan implodes before engulfing the USA and remaining Liberal-Democratic nations. The Great Sovereign Debt Crisis of the 21st Century is steadily gaining momentum. The forces of deflation have been steadily building since … Continue reading


A quarter of the world’s population will live in Africa by 2050

Lily Kuo writing for Quartz Africa By 2050, Nigeria’s population will surpass that of the United States. (AP Photo/Lekan Oyekanmi) As of mid-2015, the world’s population stands at 7.3 billion (pdf), according to a new estimate by the United Nations. … Continue reading


Financial Markets Update 25/07/2015

At this stage we are set for a stock market crash in the US for the fourth quarter of 2015. As per our previous warnings our Business Cycle Analysis suggests M2 NSA quarterly average money supply growth is collapsing, undercutting … Continue reading


Greatest Risk

Martin Armstrong writes: The greatest crisis we face is the destruction of liquidity that government is causing by their hunt for loose change. Their desperate need for money is tearing the world economy apart at the seams. Even in Europe, … Continue reading


Middle East Turning Net Borrowers?

By Martin Armstrong of Armstrong Economics: Further evidence that 2015.75 is really the peak in a Massive Debt Bubble: The Middle East has always been on a cash basis as their revenues from oil exempted them from ever borrowing money … Continue reading


Warning: use extreme caution

US money supply growth (M2 NSA quarterly average) has fallen consistently since early February to present. From a high at 7.88% money supply is now at 3.16%. This means that the stock of new money coming in to support the … Continue reading


The Rise of Medical Tourism

Comparative advantages between countries creates opportunities for sick people needing treatment. In many government run health care systems it can be cheaper to travel to another country and be treated there. You jump the waiting queue and the costs are … Continue reading


Yanis Reveals EU Denial of Any Right of the People to Vote

By Martin Armstrong for armstrongeconomics.com Greece’s Finance Minister Yanis Varoufakis has come out to reveal the quite shocking and anti-democratic events that took place during the last Eurogroup meeting. First, they do hate Yanis’ guts, for he understands far more about the … Continue reading


And More Innovation

Portland is now powered by water pipes and flushing toilets by Colin Payne Portland residents can now generate green electricity simply by turning on their water taps and flushing their toilets. Fast Company reports that the Oregon city is using … Continue reading


More Solar Innovation

V3Solar’s spinning solar cells generate 20 times more electricity than flat photovoltaics by Charley Cameron If there’s one constant among the vast majority of solar panel designs, it’s flatness; while solar panels can be equipped to tilt to follow the … Continue reading


U.S. Continuous Average Temperature Index – Discontinued

by Martin Armstrong The National U.S. Historical Climatology Network (USHCN) monthly temperature updates have been discontinued. The official CONUS temperature record is now based upon nClimDiv. USHCN data for January 1895 to August 2014 will remain available for historical comparison. … Continue reading


Brussels to Take Over Tax Collection in Europe – End of Democracy

by Martin Armstrong Germany and France have called for the establishment of a central EU authority for the eurozone to raise taxes independently. This plan is part of a package of proposals for far-reaching integration of the single currency zone: the … Continue reading


The Coming Cashless Society

 Martin Armstrong of armstrongconomics.com writes about the coming cashless society: You are now watching newspapers, TV shows, and other forms of media preparing for the coming cashless society. This is a marketing campaign, and may indeed be what October 1, … Continue reading


Canada Legalizes Physician-Assisted Dying

In February 2015, Canada legalized physician-assisted dying — a first among countries with common-law systems, in which law is often developed by judges through case decisions and precedent. The Supreme Court of Canada issued the decision in Carter v. Canada … Continue reading


ABCT Modelling shows US economy vulnerable at present to shocks

Our Austrian Business Cycle Theory (ABCT) model indicates potential trouble ahead. It appears the capital-consumption structure of the US economy is vulnerable to potential shocks with the risk of economic activity failing. For existing capital-consumption structures to be maintained, our … Continue reading