ASIA: The former governor of the Reserve Bank of India Raghuram Rajan has said that India can beat the virus with the right resolve and priorities by focusing on immediate needs and delaying less important expenditures. He also said that it will be hard to lockdown the country entirely for much longer periods as […]

QUESTION #1: Dear Martin, Could you offer a comment on how these increases in deaths can affect the latest predictions that you and Socrates offered? Will we still have the sling effect? Even with reduced liquidity, with millions unemployed, with the economy in a state of war, is the Dow Jones able to react and […]

  We are living not just in interesting times, we are living in UNPRECEDENTED TIMES, which has raised the stakes profoundly toward civil war. You have to wonder if someone like Bill Gates is really stupid with respect to economics, or is he deliberately trying to further the same agenda he supported for Climate Change […]

ASIA: A slow increase in output and new business, coupled with a steep decline in exports following the global coronavirus pandemic, pulled down India’s manufacturing activity to a four-month low in March, a private survey showed on Thursday. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) declined to 51.8 in March from 54.5 in […]

COMMENT: Dear Martin, In Portugal, we have since Q42015 a left government. The first 4 years were a Socialist government with a kind of explicit support of Communist and Extreme Left. Since last year’s elections, the Socialists are again in power but now with an implicit support from the other two left parties. Portugal enjoyed […]

Anyone who thinks for one second that I am exaggerating by calling this a global coup does not know me very well. I do not buy into conspiracy theories. I rely upon qualified sources – not rumor or conjecture. I have WARNED that we are facing a leftist coup of major proportions. I have warned […]

ASIA: India’s policy makers are preparing a plan to carefully analyze a tough trade-off. They are considering a continued lockdown post-April 14, 2020, at the cost of longer-term economic devastation, or a rational “unlocking,” allowing India to return to work. Based on pre-COVID-19 projections of India’s GDP, the average daily GDP value for FY2021 was […]

ASIA India’s markets witnessed the biggest sell-off by foreign investors in a single month in March. The 21-day nationwide lockdown to curb the spread of the coronavirus raised fears of a devastating impact on an already-slowing economy. Foreign institutional investors sold nearly $16 billion worth of equity and debt as of Monday, according to depository […]

  I have explained that when I was called in back in 1985 as an expert to justify creating the G5 and manipulating the dollar, I wrote to the President to object. I was told to be a “good boy” and just produce studies; the government would tell me the conclusion they wanted.   The […]

ASIA: In India, coronavirus cases continue to rise despite a complete lockdown and crossed 1,100-mark yesterday. India reported the biggest single-day spike in new COVID-19 cases at 200 today. As of Tuesday, the number of infected cases in India has increased to 1,300, with 102 recovered cases. The death toll from coronavirus in India has […]