Hosting the Olympics is not cheap, but it’s a privilege most countries vie after for prestige. The 2022 Winter Olympics is estimated to cost China around $4 billion, but the publicity is worth more. China recently spent $9 billion to build a high-speed rail that will link the mountainous ski resorts to Beijing. They plan […]

In 2013 a reporter asked Justin Trudeau which country he most admired. “There is a level of admiration I actually have for China because their basic dictatorship is allowing them to turn their economy around on a dime,” Trudeau smiled and stated with seriousness. He went on to say how he admired (i.e., envied) how […]

ASIA: By 2030, China is forecast to become the world’s largest economy, for now it has just surpassed the EU. In a milestone moment, the economy of China surpassed the whole of the European Union (EU) for the first time. China’s GDP for 2021 expanded by 8.1 percent, according to figures released last month by […]

It appears that the powers that be, have been wanting Russia to invade Ukraine and are probably going to church every day to light candles and pray for war. They desperately need a war to move on from COVID and the standard belief is that Biden needs to get his polls up. Pelosi has postponed […]

ASIA: China’s central bank cut its benchmark lending rates again on Thursday amid concerns about an economic slowdown in the world’s second-largest economy. The People’s Bank of China reduced the one-year loan prime rate by 10 basis points from 3.8% to 3.7%. In December, the PBOC cut the one-year loan prime rate for the first […]

ASIA: The International Monetary Fund on Tuesday cut its FY22 gross domestic growth product (GDP) forecast for India to 9 percent from 9.5 percent predicted in October, citing disruptions due to the Omicron wave of the Covid-19 pandemic. However, the multilateral agency raised the country’s GDP projection for FY23 to 9 percent from 8.5 percent […]

  The Press is not reporting all the protests in Europe. Millions of people are now protesting in virtually every city throughout Germany. The number of protests throughout Germany is far too great to even list them all. Major protests are appearing in Brussels, Austria, France, and Italy while the media is pretending nothing is […]

I have been warning that the most strategic offensive is not just direct, but to coordinate with China. If China moves into Taiwan and Russia moves into Ukraine on a coordinated basis, they will have to rush out and get diapers for Biden really fast. The US has informed the Ukrainian Embassy to send all […]

China has asked the Fed to please not raise rates. This has confused many to wonder when China would be asking the Fed not to raise rates. The real reason is the crisis we have in emerging markets and the Sovereign Debt Crisis. Emerging Markets are one of the main victims of tightening US monetary […]

The most conservative assessments have been that Putin could be in Paris in less than 30 days. Europe has been more concerned about steering money from defense to Marxist socialism. The net result is that Europe is not really prepared for a conventional war with Russia. On top of that, this COVID nonsense which has […]