Why The Theory of Money Does Not Work

QUESTION:  We see that the United States can borrow all it needs at minimal cost and we also see that we’re getting a big boost from falling energy/commodity prices, to levels we have not seen in some 15 years my … Continue reading

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Market Talk – July 26, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 202.10 points or -0.53% to 37,667.41 Shanghai increased 4.16 points or 0.14% to 2,890.90 Hang [...]
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It’s a Recession Not a Depression

The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from those living [...]
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China turns Neutral?

Ukraine Foreign Minister Dmytro Kuleba and Chinese counterpart Wang Yi in Guangzhou met to discuss China’s position on the Russia-Ukraine war. China stated it is “willing to play a constructive [...]
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