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Get Ready for a 1986 Repeat of a Real Estate Crash?

Whenever those in Congress mess with real estate, they have ALWAYS, and without exception, caused a major crash. The Entire Savings & Loan (S&L) Crisis was a catastrophic disaster that wiped out nearly one-third of all the 3,234 savings and loan associations in the United States between 1986 and 1995. I previously mentioned that hedge […]

Why South Korea’s Youth Cannot Begin Families

South Korea hosts one of the lowest birth rates in the modern world. The nation’s population began decreasing significantly in 2021. Statistics Korea reported that only 249,000 babies were born in 2022, marking a 4.4% decline from 2021. The birth rate needs to stay at 2.1 to maintain the current population of 52 million, however, […]

Bidenomics FAILED

Government officials do not understand why Americans are disappointed with Bidenomics. Biden’s own team did not realize the term “Bidenomics” was intended to mock the president’s policies and they have adopted it as their own. “Bidenomics is about growing the economy from the middle out and the bottom up, not the top down,” Joe Biden […]

Blue Cities Contemplate Mask Bans

Blue cities across the US are contemplating banning masks. A few years ago these cities would not allow people to enter public establishments without a mask. But now, after Soros-backed DAs blindfolded themselves to the drastic uptick in crime, cities such as Philadelphia, Atlanta, and New York are banning face masks to prevent criminals from […]

PRIVATE BLOG – The Fed – To Raise or Not to Raise – That’s the Question

PRIVATE BLOG – The Fed – To Raise or Not to Raise – That’s the Question Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

Market Talk – December 13, 2023

ASIA: In November, foreign investors significantly increased their bond purchases in key Asian markets due to a notable decline in U.S. Treasury yields and a shift in expectations for potential Federal Reserve rate cuts. They made their largest monthly net purchase since May, buying a total of $6.36 billion in South Korean, Indian, Malaysian, Indonesian, […]

What’s Wrong with the Australian Government?

COMMENT: Hi Martin, Further to your recent blog on Australia looking to implement digital ID’s, we are noticing more stores in Australia are moving towards “digital only”. In our recent visit to Cairns, we noted a large sign in the front window of a Ben & Jerry’s requesting that only digital transactions will be accepted. […]

Javier Milei’s First Day in Office – Reduce the Size of Government

Argentina’s new President, Javier Milei, is making headlines around the world for vowing to radically change Argentina’s failing political system. Milei campaigned on implementing a “chainsaw plan” that would swiftly cut useless bureaus that drain government resources with no or minimal benefit to the public. Milei stuck to his campaign promises and slashed the number […]

Useless Bureaucracy Example – Golden Gate Bridge Nets

Government mismanagement comes at a high cost. We saw Argentina’s new president slash half of the useless federal administrations this week on his first day in office.  Governments are incompetent to run even a gumball machine. These agencies come into the fold, create useless regulations, dish out contracts to their connections, and nothing gets done. […]

IMF Gives Ukraine $900 Million – International Donor Fatigue

The International Monetary Fund’s (IMF) executive board has approved a $900 million disbursement for Ukraine from its $15.6 billion loan program. This decision was made just hours before IMF chief Kristalina Georgieva met with Ukrainian President Volodymyr Zelensky. The approval follows a staff agreement reached last month with Ukrainian authorities after the second review of […]