The collapse of the FTX Exchange is pretty straightforward insofar as this is the same lesson that constantly repeats in finance time and time again. Basically, FTX lent US$10bn of client funds to their trading arm Alameda, which used it for leveraged their own crypto speculation because the crypto market has been collapsing. Typically, […]

ASIA:   Chinese President Xi Jinping told US President Joe Biden during their first face-to-face meeting since 2017 that the Taiwan issue is “the very core of China’s core interests” and the “first red line” in bilateral ties that must not be crossed. Beijing considers Taiwan an inalienable part of China. The self-governing island’s democratically […]

Now that politicians have secured their positions in the elections prepare for the promises to fade. These people will say anything for our vote with no intention of following through. Biden has already announced that they will no longer accept student loan forgiveness applications. A Texas court barred future applications a day after the election […]

COMMENT: Marty, I love all that you do. I want to challenge anyone to find a county in the USA that is more corrupt that Harris County Texas (Houston) regarding vote fraud, nothing to see here keep moving: Harris County Elections administrator can’t answer why polling locations ran out of paper Harris County Elections Administrator […]

People are simply not prepared for a sharp economic downturn. The Money and Pensions Service conducted a poll in the UK in which it found around 25% of adults have under £100 in savings. The 3,000-person survey found that 17% reported having absolutely nothing set aside. Around 5% reportedly had under £50, while 4% had […]

The WEC North America ReportHere we have covered an overview of the US economy in addition to the Cash US$ Idex and the C$ futures along with the Mexican Peso. The share markets include Canada and Mexico, and for the USA, we have covered the Dow Industrials and Utilities along with the Cash S&P and the NASDAQ.

Welcome to this Year’s World Economic Conference. This year, we have a lot on the table. Rising civil unrest is starting as protests are unfolding over inflation now even in Greece. We have political manipulations around the world and a rising push for World War III. We will be covering the entire world with tensions […]

It is not out of the question that China is holding onto its Zero COVID policy tactics to prevent the people from realizing banks are in the midst of a liquidity crisis. I reported earlier in the year that China had manipulated QR codes to prevent citizens from entering banks. Over $6 billion (39 billion […]

While the results are not final, where it stands now is unfortunately in line with what our computer has been projecting. The Senate will most likely remain in Democratic hands and the House may flip to the Republicans. Worse still, this will only embolden the Democrats and this Climate Change War along with unleashing World […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 344.47 points or 1.25% to 27,872.11 Shanghai decreased 13.32 points or -0.43% to 3,064.49 Hang Seng decreased 38.60 points or -0.23% to 16,557.31 Kospi increased 27.25 points or 1.15% to 2,399.04 ASX 200 increased 25.20 points or 0.36% to 6,958.90 […]