The message
COMMENT: Mr. Armstrong ….. I do hope this article ‘sinks in’ and we finally will get an objective government also being replicated around the world!! Opa’91 Survivor of WWII in [...]
Saudi Arabia Banning Short Selling Against the Currency Peg
Saudi Arabia has banned financial products that amount to a short position against the riyal. The measure indicates the high degree of attack that the peg is starting to come. The government has announced a wave of layoffs in the public sector. This is an absolute first. The Middle East was considered beyond economics because of oil. Everything is changing.
We will see the same situation with respect to the euro. If Britain does not leave the EU, it will stand in silence and its financial standing in the world will collapse. Brussels will adopt the same type of policies and just make it illegal to disagree with them.
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Market Talk – January 21, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 125.48 points or 0.32% to 39,027.98 • Shanghai decreased 1.75 points or -0.05% to 3,242.62 [...]
Canada Created its Own Trade Barriers
Stéfane Marion, chief economist of the National Bank of Canada, has urged the Canadian government to reconsider their own trade barriers amid criticism of Donald Trump’s proposed tariffs. The International [...]
US Population Rapidly Growing
The population of the United States grew by 1% to 340.1 million in 2024, according to the US Census Bureau, marking the largest population increase since 2000. The nation has [...]
