QUESTION: When you were in Singapore, you said that Myanmar was at political risk beginning in 2021 to 2022. Can you elaborate on the given this coup? FB ANSWER: This coup has exposed the different political responses between China and the United States. However, it was curiously lined up with a global trend whereby the […]

ASIA: China’s growth is likely to moderate in the coming months as the country faces risks on two fronts, according to the chief Asia economist of Goldman Sachs. Goldman Sachs economist Andrew Tilton said the policy makers are quite comfortable with the recovery so far and are starting to pull back on policy stimulus to […]

Thanks to provocative moves by Iran, President Biden is facing an increasingly uncertain situation when it comes to Iran, which has been America’s nemesis since the 1970s when they called the US the Great Satin. They have been pushing much of the Middle East’s instability for decades. The military in the last days of Trump […]

ASIA: China is cracking down on a crime ring making “fake vaccines” for Covid-19 that has been running since September, state media reported. Police departments in Jiangsu, Beijing, and Shandong have arrested more than 80 people involved in producing more than 3,000 fake Covid-19 vaccine doses, Xinhua News Agency reported. Xinhua said China’s Ministry of […]

COMMENT #1: Nobody is suggesting that we should “destroy all capital”. Right wing nonsense. We all know that communism is unsustainable due to its inherent lack of economic motivation for anyone to be productive or creative. Similarly, pure capitalism ultimately self destructs without the balance of some collective investment in society (i.e. socialism), as all […]

ASIA: China has warned Taiwan that any attempt to seek independence “means war.” The warning comes days after China stepped up its military activities and flew warplanes near the island. This reaction from China came after new US President Joe Biden reaffirmed his commitment to Taiwan, and set out his stance in Asia. The US […]

QUESTION #1: Hello Mr Armstrong, Thank you so much for the heads up regarding the elimination of paper cash. Regarding the US things are clear and so we’ll have to wait and will soon see what happens. Could you elaborate on the elimination of paper regarding the EU and UK? What is the timeframe? What […]

ASIA: A World Health Organization (WHO) team has come out of quarantine and will start on-the-ground investigations into the origins of the coronavirus in the Chinese city of Wuhan. The scientists will begin interviewing people from research institutes, hospitals and the seafood market linked to the initial outbreak. Their research will rely upon evidence provided […]

COMMENT: Czech rep. has been in total lockdown with all commerce and services closed (except supermarkets and drugstores) since December (and before that since October, with barely a few weeks with shops opened before the next lockdown), curfew at 8pm, schools closed since September, ban on all social activities, etc. And, now the PM said it’s […]

ASIA: Profits at China’s industrial firms grew for the eighth straight month in December, suggesting a sustained recovery as the manufacturing sector rapidly emerged from its COVID-19 slump, Reuters reported. Profits surged 20.1% year-on-year in December to 707.11-billion-yuan ($109.40 billion), after rising 15.5% in November, the National Bureau of Statistics (NBS) data showed on Wednesday. […]