COMMENT T FROM ITALY: Hi, in the blog “the war on cash and the dollar” you say as you said other times that salvation is only in the paper dollar. Here in Italy if I have paper dollars I have the problem that I can NOT spend them, I can NOT use them. I agree […]

ASIA: Japan’s parliament on Monday approved a record extra budget of nearly 36 trillion yen ($317 billion) for the fiscal year through March to help pandemic-hit households and businesses. The budget largely is to fund COVID-19 measures, including booster shot vaccines and oral medicines. It also includes cash payouts for families with children and a […]

ASIA: Chinese economic growth rate is expected to slump below 5 percent following the property crisis, industrial slump, weak consumption, and the fallout from COVID-19-led lockdowns. Think-tank China Finance 40 Forum, which has the deputy governor of the People’s Bank of China (PBOC) as a member, has expressed concerns over growth rate remaining below 5 […]

I have had long and disturbing conversations about what the HELL is really going on. The Constitution is being shredded under the Biden Administration and I have warned that the 2020 election was NEVER between Trump v Biden – it was Trump v the Overthrow of the United States, precisely as Klaus Schwab stated in […]

Ever since 1927, when the Federal Reserve lowered interest rates in a failed attempt to help Europe, which still ended up defaulting in 1931, Keynesian economics succeeded in brainwashing the analysis of how people look at the central banks. Where the 1927 G4 attempt to lower rates in the US was intended to deflect capital […]

ASIA: China’s central bank signaled possible easing measures to aid the economy’s recovery after a sharp downturn in recent months fueled by a property slump. China’s CSI 300 Index gained as much as 0.5% Monday morning on expectations of potential loosening, while the 10-year government bond futures contracts gained as much as 0.3%. The Indian […]

The traditional analysis keeps calling for the next Black Swan event asserting that massive leveraging of US nonfinancial businesses since 1972 is incompatible with the stock market levels rising from 62% to 204% of GDP. Of course, this analysis is ALWAYS the typical economist view which is the entire problem. The traditional analysis is why […]

Every now and again I get those stupid hate emails to blame the federal reserve and central banks for everything while NEVER once do they ever look at the history of central banks and how Congress has been manipulating the law changing the definition of what the Fed was even supposed to be. They do […]

I have said before when I met with the former Prime Minister of Australia trying to buy land for the people of Hong Kong and he refused to allow them to migrate because he was Labour and they would vote Conservative. It is always about power. Now Biden made a choice. He is raising the […]

  ASIA: The US central bank warned Monday that China’s ongoing property woes could elevate “financial stresses in China, [which] could further strain global financial markets and negatively affect the United States.” In its biannual report on financial stability, the Fed pointed specifically to the crisis at Evergrande, China’s most indebted developer. The company has […]