ASIA: President Trump criticized China, this time complaining that China has not been buying more US agricultural products as it promised to do. Today, the US and China have resumed talks although no outcome has been presented. The Bank of Japan kept its ultra-low interest rates unchanged, maintaining its short-term interest rate target at -0.1%. […]
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https://www.armstrongeconomics.com/wp-content/uploads/2019/07/Macron-Police.mp4 Unfortunately, as governments begin to collapse moving into 2021/2022 due to the complete failure of Socialism, they will not simply yield to the people and admit that their fiscal mismanagement is the cause of destroying everyone’s future. They will not go quietly into the light. Here we see French police acting no different than […]
When the GAO report came out on the Quantitative Easing by the Federal Reserve, it uncovered a secret $16 trillion feeding tube from the Fed structured as revolving, low-cost loans to any bank (foreign or domestic) teetering on the edge. Amazingly, the audit showed the Fed started the loans in December 2007 – long before […]
COMMENT: You are quite correct Mr. Armstrong. Prime minister Boris Johnson spoke that “no deal” Brexit looks like a surety and the FTSE 100 skyrocketed and the pound took a beating against ALL mostly traded pairs. Indices (excepting for a few) are going to the moon!! J.F REPLY: There are actually suggestions in Brussels I […]
