Coffee and a Mike Martin Armstrong #1306
Feb 3, 2026
Martin Armstrong, renowned economist and founder of Armstrong Economics, discusses geopolitics and money. He covers Gonzalo Lira’s last recorded talk, Ukraine/Russia dynamics and a proposed peace plan. He explains why the dollar stays dominant, euro fragility, precious metals rallies, Iran tensions, and risks of domestic unrest and sovereign debt contagion.
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Gonzalo Lira: A Source Left Alone
- Armstrong described Gonzalo Lira as one of his Ukraine sources who exposed Zelensky and was later arrested and died after being released.
- He recalled Lira's risks and lamented that no one came to help him despite being American.
Called In To Write A Peace Plan
- Martin Armstrong was asked to write a peace plan for Putin and produced a multi-day, multi-hundred-page document under official sanction.
- He submitted it, got it on Putin's desk, and later received a thank-you letter from Donald Trump acknowledging its foreign-policy content.
Why The Dollar Still Dominates
- The dollar remains the global reserve because the U.S. economy is the deepest pool for capital and consumption anchors global trade pricing.
- Competing currencies lack unified sovereign debt and deep, liquid markets to absorb massive global flows like New York can.