Market Talk – May 2, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 37.98 points or -0.10% to 38,236.07 Shanghai closed Hang Seng increased 444.10 points or [...]
California is Highest Taxed State in USA and should join the EU
Governor Jerry Brown never saw a problem that could not be solved by just raising more taxes. This time, the state pension fund is going broke as we have been warning with the building Pension Crisis thanks to mismanagement and low interest rates championed by Larry Summers. California has already increased its gasoline tax by 50% in the past decade. Now to bailout the state employee Pension fund, Gov. Brown has proposed a 42% increase in gasoline taxes and, get this, a 141% increase in vehicle registration fees. Nobody talks about cutting government employee pensions. NEVER! Why? When you have a population to milk like cows, who needs to reform?
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Jerome Powell on Stagflation
“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be “transitory.” He believed that the economy would come [...]
AstraZeneca Admits Vaccine Had Lethal Side Effect
Vaccine manufacturers and health agencies have been silently admitting that their “safe and effective” COVID-19 mRNA vaccines have deadly side effects. AstraZeneca (AZN) is the latest manufacturer to admit that [...]
Neocons & their Hatred of all Russians – Destruction of Nord Stream
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/Neocon-Nord-Stream.mp4 Former CIA analyst Larry Johnson explains that there is a mountain of evidence confirming that the American Neocons were behind the destruction of Nord Stream sabotage of September 26th, [...]
