Fixed Exchange Rates Have Always Caused Major Financial Crises

Margaret Thatcher on the ERM Crisis & why even the euro will fail.

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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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