Moody’s US Downgrade AAA to AA1
Moody’s Investor Service downgraded the United States’ credit rating from a top-tier rating of AAA to AA1 due to rising government debt. Fitch Ratings lowered the US debt in August [...]
Trouble in Saudi Arabia
Political instability is rising in Saudi Arabia. The Saudi king has fired his longtime Secretary of Energy and the head of the central bank has been replaced. The royal family is now fighting to sustain power.
The fall in the price of oil is having a political impact within the power structure of Saudi Arabia. Eventually, the rise in the dollar on world markets will force the peg to fail. As that develops, we should pay attention for this type of event may lead to a very serious political situation that could change the structure of government. The risks begin to build in June, October, and then next March.
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Biden Told Us He Had Cancer in 2022
The Biden family announced that Joe Biden is fighting an aggressive form of prostate cancer. The medical community is questioning if this diagnosis was well-known long before the announcement. Yet, [...]
Armstrong on Russian TV Today 5-19-25
https://www.armstrongeconomics.com/wp-content/uploads/2025/05/Armstrong-on-RT-5-19-25.mp4
