Majority of Americans Will NOT Take Updated COVID Vax
Gone are the days when people queued for hours to receive the latest and greatest COVID vaccine to protect against the new strain of the season. A new poll by [...]
European Banking Crisis Picking Up Steam
The banking crisis in Europe is expanding. European banks have no liquidity and the negative interest rates have done so much harm to traditional banking in Europe, we are witnessing excessive fees unfolding. HSBC is raising its overdraft rate of 39.9% for UK customers from March 2020. Santander’s latest bank to set a 40% overdraft rate. Savings accounts which were soliciting people at 3% are dropping to 1%.
Clearly, fees are escalating dramatically and what banks are willing to pay is collapsing, The spread between their cost and what they are charging is rising and this also seems to be taking place with the turn in the Economic Confidence Model.
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South Korea’s Yoon Declared Martial Law – Overturned in Three Hours
South Korean President Yoon Suk Yeol declared an “emergency martial law” on Tuesday without providing clear reasoning. Sources say that Yoon fears impeachment from the opposition party and this declaration [...]
California’s Energy Surplus
Californians pay a fixed rate for their energy grid, but the state has been harvesting a surplus to the point that operators are forced to offload the energy to neighboring [...]
Why Hunter’s Pardon Can Take Down Biden Himself
https://www.armstrongeconomics.com/wp-content/uploads/2019/11/Biden-Ukraine.mp4 QUESTION: Biden said he would not pardon Hunter, and then he did. Was this not a slap in the face to the Democratic Party that will contribute to [...]
