ASIA: The ruling Communist Party of China has expelled Liu Liange, the former chairman of the state-owned Bank of China, from the party due to allegations of illegal activities and bribery. The Central Commission for Discipline Inspection (CCDI) accused him of granting loans illegally, causing financial risks, importing prohibited publications, accepting bribes, and enjoying entertainment […]

Our founder, Martin Armstrong, began trading in the mid-1960s. He noticed that it did not matter what the investment was; everything would rally in the heat of a buying panic and then crash in the blink of an eye. His history teacher in high school brought in a black & white movie, The Toast of […]

ASIA:   The US and China have established two working groups to discuss economic and financial matters, as announced on September 22. This decision was made by US Treasury Secretary Janet Yellen and Chinese Vice-Premier He Lifeng during their meeting in Beijing in July. The economic group will involve collaboration between the US Treasury department […]

ASIA:   The Bank of Japan is expected to maintain extremely low interest rates and reassure markets about continued monetary stimulus, despite global economic concerns linked to China’s situation and U.S. interest rate developments. This policy contrasts with the U.S. and European central banks, which have raised rates to combat inflation. Despite Japan’s inflation exceeding […]

  ASIA:   In August 2023, China’s monthly inflation rate compared to the same month the previous year was 0.1 percent, showing a recent decrease from a peak of 2.8 percent in September 2022. The annual average inflation rate for 2022 in China was 2.0 percent. There are regional variations in inflation rates, with Hebei […]

ASIA:   Influential ruling party lawmaker Hiroshige Seko expressed strong support for maintaining an ultra-loose monetary policy in Japan. This comes in response to recent comments from Japan’s central bank chief, which led to an increase in the yen’s value and bond yields. Seko emphasized that while inflation is rising due to higher raw material […]

ASIA:   China’s central bank, the People’s Bank of China (PBOC), has announced a second reduction in the reserve requirement ratio (RRR) for banks this year. This move, effective from September 15, involves a 25 basis point cut for all banks, excluding those with a 5% reserve ratio already in place. The reduction is aimed […]

When asked about the impeachment of Donald Trump, Vladimir Putin said that it is “very good” for Russia insofar as it shows America is deteriorating from within. Putin and Trump once had a mutual respect for one another, acknowledging that each leader consistently put their nation first. Everyone besides the far-left can see that Trump’s […]

By no means is Trump the first to find himself in the crosshairs of the rath of government because he sought real change. Eugene Victor Debs (1855–1926) was an American socialist, political activist, and trade unionist and a founding member of the Industrial Workers of the World (IWW). However, he was also a five-time candidate […]

ASIA:   China’s top economic planner is establishing a new department called the private economy development bureau, aimed at supporting private businesses and boosting economic growth. This bureau will monitor and analyze the private sector, as well as formulate policies to promote its expansion. This move is part of China’s recent efforts to restore confidence […]