I have stated that my cousin was a front-line nurse. She caught COVID and got over it. The hospital made her get the vaccine. After the first dose, she had a stroke. Fortunately, she has recovered. She has now refused the second dose. Another friend whose son-in-law works in a hospital was ordered to take […]

When we look at 2020, it will be a year most prefer to forget. Overall, productivity decreased 4.8% in Q4 2020 while unit labor costs increase sharply by 6.8% (annual rates) which is fulfilling what Socrates has been forecasting that this wave into 2024 will be inflationary. The December 2020 jobless rate was up over […]

COMMENT: Message: Re Reddit “WallStreetBets” Hi Marty, Thanks for this blog post but I think they are not trying to make money out of short squeezing GME really, they are trying to make a point. If you follow some of the posts you see many stories about how badly people and their families were hurt […]

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 […]

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 […]

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 […]

  While many pundits are calling this the “squeeze of a lifetime” and a war of retail against the hedge funds, in reality, it was a PERFECT cyclical move after 13 years down. Of course, they are claiming that a band of retail are waging war against the Hedge Funds and the press is claiming […]

  When we look around the world the final say in every election is always the vote of capital – which is international rather than confined to local politics. Biden has already shut down the pipeline from Alberta which will only be symbolic for whatever substitute will mere be brought in by ship and pumped […]

ASIA: Alibaba Group founder Jack Ma has made his first appearance since Chinese regulators cracked down on his business empire. The billionaire met 100 rural teachers in China via a video meeting on Wednesday, according to local government media. The Chinese government slapped sanctions on former Secretary of State Mike Pompeo, former National Security Adviser […]

ASIA: Shares in China’s Xiaomi sank after the US government added the smartphone group to an investment blacklist in a move that is likely to thin its ranks of American shareholders. The Beijing-based company’s stock dropped 10.3 percent in Hong Kong trading on Friday, hours after the Pentagon added it to a list of companies […]