PRIVATE BLOG – The Bond Crash

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Market Talk – October 2, 2023

ASIA:   Business sentiment in Japan improved in the third quarter, according to a central bank survey. This suggests that the conditions for a strong economic recovery are coming together, despite global economic challenges. Companies also maintained their plans for robust spending and faced a tight labor market, indicating that the Bank of Japan may […]

Costa Rica Declares State of Emergency

President Rodrigo Chaves of Costa Rica has declared a state of emergency, but not due to anything happening in his nation per say. People across the globe are passing through Costa Rica en route for the USA as the borders are open to all. Our president is not concerned, but other nations see the threat […]

Canada to be Short 3.45 Million Homes by 2030

The demand for housing in Canada drastically outweighs the supply. The Canada Mortgage and Housing Corporation (CMHC) has confirmed that fewer new builds are expected for 2024. In fact, the agency anticipates that Canada will be short by 3.45 million homes by 2030 – right on time. Better yet, the gap is certain to widen […]

California Raises Minimum Wage for Fast Food Workers to $20 per Hour

Effective April 1, fast food workers in California will receive a minimum wage of $20 thanks to a new law signed by Governor Gavin Newsom. This law does not extend to all minimum wage workers, only those at fast food establishments. Why? Newsom needs to buy votes and labor unions and chain restaurants have been […]

Putin Interview 2020 Prewar

https://www.armstrongeconomics.com/wp-content/uploads/2023/09/Putin-2020-Interview.mp4   Zelensky insisted, thanks to Victoria Nulan, that the Minsk Agreement had to be terminated to Justify his conquest of Russia. This is why I warned Zelensky was the man who history will remember as the next Hitler for World War III

Be Happy – From Klaus

https://www.armstrongeconomics.com/wp-content/uploads/2023/09/Be-Happy.mp4

Frances Fox Piven vs. Milton Friedman, Thomas Sowell (Video 1980)

Market Talk – September 29, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 14.90 points or -0.05% to 31,857.62 Shanghai closed Hang Seng increased 436.63 points or 2.51% to 17,809.66 ASX 200 increased 23.80 points or 0.34% to 7,048.60 Kospi closed SENSEX increased 320.09 points or 0.49% to 65,828.41 Nifty50 increased 114.75 points […]

Colony Ridge – Migrant Town Run by Cartels in Rural Texas

Secretive migrant towns filled with undocumented persons are springing up in the US. The largest known town is located in Colony Ridge, Texas, and spans 60 square miles. No one knows exactly how many people are living there, but the general estimate is 75,000. Who has the money to buy properties and support these towns? […]