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Hong Kong & Sanctions

QUESTION: Mr. Armstrong; Hong Kong is the source for US dollars for China. If Trump imposes serious sanctions, this would actually lead to a shortage of dollars in Asia. What do you see as a possibility in the middle of this madness? HJ ANSWER: The actual composition of the sanction from the United States remains […]

Market Talk – June 11, 2020

ASIA: Australian Prime Minister Scott Morrison said that he would not be intimidated or give into coercion when asked on Thursday whether Australia would keep taking hits on exports from major trading partner China. “We are an open-trading nation, mate, but I’m never going to trade our values in response to coercion from wherever it […]

Imperial College Should Be Defunded for Their Fake Research

COMMENT: Dear Mr. Armstrong, These corrupt idiots at Imperial released another report in which they claim the lockdowns they advocated saved 3.1 million lives in Europe. How can they even claim this nonsense with all the proof out there about their former BS-report. It would be interesting to know who paid the bill for this study. […]

Market Talk – June 10, 2020

ASIA: China has been accused by Brussels of running disinformation campaigns inside the European Union, as the bloc set out a plan to tackle a “huge wave” of false facts about the coronavirus pandemic. The European Commission said Russia and China were running “targeted influence operations and disinformation campaigns in the EU, its neighborhood, and […]

Market Talk – June 9, 2020

ASIA: China is warning its students to reconsider plans to study in Australia due to an increase in racist attacks as it steps up a campaign to punish Australia economically for supporting an international probe into coronavirus. The travel warning on Tuesday follows last week’s advice for Chinese tourists to stay away from Australia and […]

Market Talk – June 8, 2020

ASIA: Chinese apps are facing major challenges in India after an app named “Remove China Apps” made it easy for users to delete China-related services went viral. Though Google has pulled the app, anti-China sentiment will likely haunt Chinese apps in India as political tensions between the countries heighten. Decoupling from Chinese tech might not […]

German Companies Plan to Reduce Investments

According to a recent survey conducted by the Institute for Economic Research (Ifo), German companies plan to reduce investments by 50% this year due to the lingering effects of the coronavirus. In fact, 28% of companies reportedly already canceled investments. The manufacturing sector, the heart of the German economy and therefore the entire Eurozone, purportedly […]

The World Police

The US has long had the distinction of being the “world police” who would protect citizens of other nations against human rights abuses. Now, countries like Iran and North Korea are pointing their finger back at the US for its alleged double standard. Russian Ministry Spokeswoman Maria Zakharova said, “It’s time for the US to […]

Market Talk – June 5, 2020

ASIA: China is considering using about USD 28 billion in proceeds from government bond sales to help address risks in the banking sector, according to people familiar with the matter told Bloomberg. The debt will be part of the total issuance planned by the central government in 2020, and it’ll be used for measures including […]

Market Talk – June 4, 2020

ASIA: China has said it will loosen restrictions on international air travel that were put in place to control coronavirus. The move came hours after the US pushed Beijing to allow US airlines to resume flights to the country. Chinese Foreign Ministry spokesman said Zhao Lijian said the two sides had been in close communication […]