COMMENT: Marty, I just wanted to thank you for opening my eyes. The logic that the market commentators make is nonsense. Bloomberg wrote, “Bets on a rate hike in 2023 fell after worse-than-expected economic numbers bolstered hopes the Fed can pause in September.” So you are right. They are cheering worse economic numbers because interest […]
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ASIA: Chinese state-owned banks are planning to lower interest rates on existing mortgages, marking the first such move since the global financial crisis. The goal is to support the struggling property sector and boost the economy, which has been facing challenges due to the debt crisis in the property market. The rate reduction will […]
The most influential aspect of Black Lives Matter is its name choice. Of course, black lives matter, but the messaging behind the movement itself was pure corruption and controlled civil unrest by the left. It was seen as racist to say that ALL lives matter because the focus was only on Black Americans. Then the […]
People are lining up to peer into a reflective orb to scan their eyes scanned in exchange for crypto – welcome to 2023. Sam Altman, Alex Blania and Max Novendstern founded Worldcoin “with the ambition of creating a new identity and financial network owned by everyone,” as per their introduction email. “Worldcoin consists of a […]
Politicians will always vote in favor of their self-interests. The invisible hand is fully visible here. The Supreme Court reminded Biden that he could not bribe voters with taxpayers’ funds to cancel student debt. The enormously unpopular president needs all the bargaining chips he can get and continues fighting for student loan forgiveness. Democrats in […]
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ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 545.71 points or 1.73% to 32,169.99 Shanghai increased 34.56 points or 1.13% to 3,098.64 Hang Seng increased 174.36 points or 0.97% to 18,130.74 ASX 200 increased 44.60 points or 0.63% to 7,159.80 Kospi increased 24.27 points or 0.96% to 2,543.41 […]
https://www.armstrongeconomics.com/wp-content/uploads/2023/08/Biden-COVID-II.mp4 They do not care about all the side effects and the number of people who have died. This is all about maintaining their control and power. So get ready for more lockdowns to suppress the rising civil unrest they anticipate will erupt because of their actions next year. As I warned previously, once […]
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