US GDP & Recession into 2028
QUESTION: Mr. Armstrong, Socrates correctly picked March as the Directional Change, and it looks like there will be a sharp decline into June. Are you expecting a serious recession with [...]
ECB is Charging the Banks for Supervising Them
Eurozone commercial banks will have to pay the European Central Bank 12% higher fees this year. The Eurozone banks must pay €474.8 million in fees for the supervisory services of the ECB. The cost of supervising the banks has risen to over €500 million and the ECB was to be paid. The ECB, on the one hand, claims that Quantitative Easing will stimulate the economy, but it raises its fees and taxes keep going up. The ECB monitors some 118 financial institutions directly.
Latest Posts
See You Next Month?
See you in precisely one month at the London Economic Confidence Model Seminar! Can’t attend in person? Keep reading to learn about our virtual ticket option. Prepare to embark on [...]
Russia Responds Precisely on Target
Nearly $300 billion worth of confiscated frozen Russian assets have been set to the side by the West. Some of the world’s leading decision-makers have been urging the powers that [...]
Global Taxation – Proposal to Fight Climate Change and Poverty
Finance ministers from France and Brazil are urging the G20 to implement a minimum 2% tax on billionaires in an effort to fight climate change and poverty. Everyone cheers when [...]
