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August 1, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 975.49 points or -2.49% to 38,126.33 Shanghai decreased 6.36 points or -0.22% to 2,932.39 Hang Seng decreased 39.64 points or -0.23% to 17,304.96 ASX 200 increased 22.40 points or 0.28% to 8,114.70 KOSPI increased 6.99 points or 0.25% to 2,777.68 […]
August 1, 2024
Russia has announced that it will implement a digital ruble by next July. Moscow will begin using cryptocurrency for some foreign transactions to bypass sanctions and SWIFT. As of November 2024, Russia will permit crypto mining, so long as it is carried out under the watchful eye of the government. The Bank of Russia will […]
August 1, 2024
Serving debt is the largest cost of Washington’s debt crisis; America currently spends $2.4 billion in daily interest fees alone. The debt and spending simply cannot keep up with what America is bringing in. The federal govt spent $658 billion on interest fees in 2023, a 38% jump from the $476 billion in servicing debt […]
August 1, 2024
There has been so much disinformation and sensationalizing of Quantitative Easing that this has led to academic economists who lack any trading experience to propose Modern Monetary Theory for its seems nobody actually comprehends what the hell is really going on. Much of the problem stems from this ancient theory that if you increase the […]
July 31, 2024
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 575.87 points or 1.49% to 39,101.82 Shanghai increased 59.45 points or 2.06% to 2,938.75 Hang Seng increased 341.69 points or 2.01% to 17,344.60 ASX 200 increased 139.10 points or 1.75% to 8,092.30 KOSPI increased 32.50 points or 1.19% to 2,770.69 […]
July 31, 2024
Clinton’s Gimmick Shifting to Short-term Funding to Reduce Interest Expenditures. I wrote as a guest columnist for the Wall Street Journal back on April 19, 1995, dealing with an issue that seemed to go over everyone’s head. At the time, President Clinton (1993-2001) was able to balance the budget, and nobody seemed to understand how […]
July 31, 2024
The Fraser Institute conducted a study that found Canadians are experiencing the worst standard of living in the past 40 years. Conditions are beneath what was experienced during the 89 recession, the Great Recession, and even the early stages of the post-pandemic. What is going on in Canada? Justin Trudeau uprooted Canada’s fiscal landscape and […]
July 31, 2024
Why is the corrupt FDA giving an Emergency Use Authorization (EUA) to mRNA bird flu vaccines? No one at all is sick or dying from bird flu? Are we ready for plandemic 2.0? #MAGA @VigilantFox @GenFlynn @realdefender45 @TheClayClark @catsscareme2021 @TuckerCarlson @RealAlexJones… pic.twitter.com/glXJ7kdbh9 — Tom Renz (@RenzTom) July 24, 2024 Operation Warp Speed enacted under […]
July 31, 2024
Bob Chapek, who replaced Iger as CEO in 2020, pretty much destroyed the company with his WOKE agenda. You really had to wonder if he understood Disney was a family brand. He stepped down immediately in November 2022, which confirmed his terrible leadership. Bob Iger, one of the most successful CEOs in the history of […]
July 30, 2024
PRIVATE BLOG – War in the Middle East & Yellen’s Shifting of US Debt Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/