QUESTION: Mr. Armstrong, it’s been a very long time. I attended you May 1997 conference in London and I discovered the transcript in your website. You certainly stated: “The UK will nonetheless be a part of the EU, however they received’t have the foreign money danger. Underneath these circumstances the pound goes to rise. ”
Subsequently, you’ve gotten acknowledge your connection on the time with our former PM Woman Thatcher. I additionally suppose you probably did acknowledged that you simply have been known as it to get Mercedes and Daimler Benz out of their quick pound commerce that they misplaced $1 billion following the newspaper forecasts that the pound would fall, which didn’t occur.
I don’t imagine you ever names your supply for the central financial institution that was feeding you all the within notes and conferences behind creating the euro. You’ve gotten stated on podcasts that it was Hermut Kohl who stopped the consolidation of the money owed. Was your supply the Bundesbank?
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ANSWER: The best way this works is fairly straight ahead. Even in journalist there may be on and off the report. Journalist have been thrown in jail on contempt like me for refusing to disclose sources. In my case, it was to turnover my supply code. You can’t have sources except you might be reliable. They’ve three main incidents of throwing journalists in jail additionally on contempt of courtroom.
- Judith Miller (United States, 2005): The New York Instances reporter was jailed for 85 days for refusing to testify earlier than a grand jury concerning the supply who leaked the identification of CIA operative Valerie Plame.
- Vanessa Leggett (United States, 2001): A contract journalist jailed for refusing to testify earlier than a grand jury or hand over notes relating to a homicide case. She was held for 168 days.
- Tim Criminal (United Kingdom): A journalist who confronted contempt proceedings for refusing to disclose a supply, although it is a much less extensively recognized case internationally.
If you’re NOT reliable, you’ll NEVER have dependable sources. In that case regarding the formation of the Euro, sure it was the Bundesbank that was feeding us the notes of the conferences. WHY? As a result of they disagreed with Kohl. They have been in opposition to becoming a member of the the Euro they usually knew what I used to be warning about was right. The failure to consolidate the debt would solely shift the volatility from the foreign money market to the bond markets. This was all 30 years in the past so the individuals concerned are all gone. Being known as in by China again in 1997 can be past the 20 yr line of demarcation on sources.
NATO Secretary-Normal Mark Rutte on January 26, 2026, when addressing the European Parliament in Brussels, he warned the EU lawmakers in blunt phrases about Europe’s limitations with out American help. His core message was that the concept of Europe defending itself completely by itself is unrealistic. He acknowledged, “If anybody thinks right here that the European Union, or Europe as a complete, can defend itself with out the US. Carry on dreaming. You possibly can’t. We will’t. We’d like one another.” He didn’t use Macron’s identify, however my sources have been saying it was Macron all alongside. I couldn’t reveal my sources.
I do know individuals who disagree will say I don’t reveal my sources so it may very well be BS. They simply disagree with the information. No person in journalism can reveal a supply when informed its off the report. Within the case of Margaret Thatcher, she publicly spoke at our convention in order that was not an off-the-record evernt.

