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Martin Armstrong, founder of Princeton Economics, Ltd. is one of the most sought after experts in the world on financial markets, global capital flows and currencies. His frank assessment of the monetary and economic problems facing the U.S., the EU and Japan today points to government spending, tax policies and meddling in the banking system by politicians as the root causes. The solution starts with cutting government spending, instituting consistent, long term tax rates and tackling the real reasons why American companies have moved offshore. Without fundamental changes, out of control spending, failure to take responsibility, lack of accountability and crippling uncertainty will prolong poor economic conditions and high unemployment indefinitely.
Martin Armstrong, founder of Princeton Economics, Ltd. is one of the most sought after experts in the world on financial markets, global capital flows and currencies. His frank assessment of…