Romanian Private Debt Crisis Erupting

COMMENT: Dear Mr. Armstrong, Dear Mr. Armstrong, What you wrote concerning the possible repeated start of the banks collapse from Austria, once again, is right. The biggest lenders in Romania are some Austrian banks, among some Greek ones which are … Continue reading

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Market Talk – May 14, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 55.13 points or -0.14% to 38,128.13 • Shanghai increased 29.08 points or 0.86% to 3,403.95 [...]
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States May Fund Migrants – Grey Area Questioned

President Trump’s Executive Order 14218 (February 2025) prohibits undocumented migrants from receiving federal funds. However, individual states are not prohibited from funding migrants, and several blue states are continuing to [...]
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US April Inflation – 2.3%

The numbers are in, and the Consumer Price Index fell to 2.3% this April annually, down from March’s 2.4% reading, according to the Bureau of Labor Statistics. April’s reading is [...]
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