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US City to Roll Out Guaranteed Basic Income

The “Rise Up Cambridge: Cash Payments for Families with Kids” will provide low-income households with a monthly check for $500 to test guaranteed basic income. Those eligible are families with children who earn under 250% of the federal poverty level ($75K for a family of four). The 18-month program will not be based on a […]

Market Talk – May 9, 2023

ASIA: The Agricultural Bank of China, one of the country’s largest commercial lenders, has scaled up support for the manufacturing sector. As of the end of March, the bank’s outstanding loans to the manufacturing sector exceeded 2.69 trillion yuan ($388.42 billion), according to the bank. Newly-added loans to the manufacturing industry stood at over 390 […]

CBDC – The Real Target

A lot of people somehow think that the move to Digital Currency is a completely new monetary system, It is targeted to eliminate cash transactions so everything is taxable and nothing can be hidden from our overlords. If we look at commerce in the United States during 2022, 82% of all transactions were digital – […]

The Insanity of Bitcoin & CBDC

QUESTION: Just about every Bitcoin advocate says you are wrong and Bitcoin cannot be stopped. Yet, it seems they are dreaming. Here in Europe, we are already restrained by the maximum cash transaction is €1000. Do you maintain that cryptocurrency will be outlawed or seized? HT ANSWER: Yes. Here is  Lagarde on digital currency. She […]

The Hate & Great Divide – Tearing Apart Even Families

COMMENT #1: I see you are not a 100% diehard Republican or a Democrat. Not sure what that makes you. Perhaps you should run for president. LR COMMENT #2: The more I have looked into everything, the more I see your point. The majority of people think linearly. Everything is just a straight line. It […]

Government’s Rule #1 – There are no Rules in time of Need

QUESTION: Mr. Armstrong; With Mexico pushing to nationalize mines claiming it is targeting lithium, many see this law as opening the door to seizing all mines. You have always warned that as we move closer and closer to 2032, governments will become more authoritarian because they feel that they are losing power. Do you see […]

New FHFA Rule- Middle Class to Subsidize High-Risk Borrowers

Biden is ushering in new socialistic policies and there are no checks and balances. I mentioned a few weeks ago how Fannie Mae and Freddie Mac are changing Loan Level Price Adjustments (LLPAs) on conventional loans. To ensure “fairness,” the agencies are helping “underserved” home buyers by reducing costs for those with lower credit scores […]

The Banking Crisis Of All Time

QUESTION: Mr. Armstrong, Your knowledge and database on financial crises is really unprecedented. I googled the first banking crisis and it brought up only the Crisis of 1763, which started in Amsterdam. Yet that list published in the WSJ which showed 1683 as the first panic and the siege of Vienna was most interesting. I […]

The Great De-Dollarization Fraud of a Lifetime

COMMENT: Marty; I was in a board meeting and I just wanted to let you know one guy who is there simply because his family had a stake in the company with zero worldly experience, started ranting about the end of the dollar he probably read on that biased _____________________. I asked this fool, should […]

The Great Divide

  Any company that is adopting WOKE should be out of business for what they are really doing is dividing the country and completing what our computer has forecast – the breakup of the United States. The WOKE Agenda is attacking the religious beliefs of many and that historically always leads to division, discrimination, and […]