Martin Armstrong and the Europeans

In some of Martin Armstrong's repeated statements he fraudulently claims that some European high level officials were his clients and that he advised them. Here are his claims:

Martin Armstrong Adviser in the EURO Currency Creation Project

He wrote this claim on his blog site, and he repeats it in almost every one of his fire side chat type of radio or video shows and interviews.

In a fairly recent interview with Kim Iverson "Unlocking the Future: Martin Armstrong's Remarkable Predictions of Economic Cycles and Wars Amidst Relentless Persecution",  he said on June 16 2023 at 41:13 (quote, emphasis added):

Um and you know I when they were creating the Euro they actually came to me and I've sat down with them and I told them I said what you're saying is is false. Not everybody's going to pay the same interest rate unless you consolidate the debts but uh for Germany to go in they wouldn't consolidate the debts that was off the table so each country was left with its own its own debt. And I warned them that the problem is is that you're just going to transfer the the volatility from the currency to the bond market and that's all that's happened so then they complain oh they're paying three percent versus us we're paying five you know um you know it still creates disunity and um I you know I I explained to him I said you know you just don't understand.

Show host Kim looks amused but that does not seem to irritate him. As usual, he does not even bother to say who he spoke to on what occasion, date and venue. Please note that first he refers to a group "them" and then a single person "him".

 

But it gets even better. In his interview Current pandemics follows a deeper agenda says Hedge Fund Manager Martin Armstrong at 47:42 (quote)

... you know when they were forming the EU they actually they came to me and the whole they took the whole back row in our conference in in in London ...

 

Here is the truth:

Martin Armstrong has repeatedly claimed that European authorities sought his advice during the design of the Euro in the late 1990s, including assertions that EU Commission representatives attended his 1997 World Economic Conference in London—where he allegedly warned against launching a single currency without consolidating debts—or that they directly consulted him on the matter.

 

He has referenced this in various interviews, blog posts, archived reports from his Princeton Economics International era (such as "The Euro Outlook 1996-1997" and related lectures), and later recollections, positioning himself as a key voice ignored at the peril of the Euro's flawed structure. However, these assertions appear to originate solely from Armstrong's own accounts, his website materials, sympathetic interviews, and self-published documents, with no independent verification from official EU documents, European Central Bank records, contemporaneous reports by involved institutions, or confirmations from any participating policymakers or economists.

The Euro's planning, rooted in the 1992 Maastricht Treaty and finalized by 1998 for its 1999 virtual launch, involved established central bankers, economists, and officials from member states, none of whom have publicly corroborated Armstrong's involvement.

During this 1997 period—two years before his 1999 indictment—Armstrong was actively managing Princeton Economics International, publishing economic forecasts (including critical analyses of the proposed Euro), corresponding with figures like U.S. Treasury Secretary Robert Rubin on currency volatility, debating tax policy publicly in the U.S., and claiming invitations for consultations (such as with China's central bank amid the Asian Financial Crisis);

yet federal investigations later revealed he was also beginning to engage in the fraudulent schemes—commingling client funds and concealing commodity trading losses in a Ponzi-like operation targeting Japanese investors—that escalated from late 1997 onward. Given his subsequent fraud convictions and pattern of unsubstantiated boasts about high-level advisory roles (often lacking external evidence), this particular claim about European consultations on the Euro lacks credible substantiation and fits his broader history of self-aggrandizement. 

 

Further reading:

Which Government has asked Martin Armstrong for Advice? 

Martin Armstrong Fake Fan Email Imitation