Treasury Secretary Scott Bessent continually denies that tariffs will become a tax on consumers. When asked if the Trump administration was comfortable with the rising cost of goods, Bessent declared, “the American dream is not ‘let them eat flat screens.’” “Not at all,” Bessent replied. “What I’m saying is the American dream is not ‘let […]

I have been warning that we are approaching World War III as a distraction from the collapse of sovereign debt in Japan and Europe.  The total outstanding government and corporate bonds globally have now exceeded $100 trillion in 2024, as reported by the OECD. As I have also been warning, the central banks have been […]

COMMENT: Marty, I spoke to a friend at the __________ bank in NY, and he said on gold, listen to Armstrong. I found that interesting since he was well up there in the Bank’s food chain. He also said this is geopolitical, not inflation. Kevin ANSWER: Well, as I have said, gold’s not stopping when […]

Globalist and WEF compadre and former central banker Mark Carney took 86% of votes to become leader of Canada’s ruling party. Carney will succeed Justin Trudeau as prime minister, who announced his resignation after nine years in power. Carney has argued that he was best placed to oversee trade negotiations with Donald Trump and said […]

QUESTION: The criticism of your Economic Confidence Model has been that it oversimplifies complex economies, ignoring variables like policy changes or technological shifts. Would you address that? DL ANSWER: This emanates from the economic academic community that is Marxist based that rests on the assumption that they can steer the economy through economic disturbances. I […]

The insanity over the U.S. inflation data illustrates just how braindead analysis has become. The price of eggs grabbed a lot of headlines – up 15%. But supply shortages are to blame for that surge – avian flu kills chickens. Raising interest rates will not stop the bird flu. The Fed cannot do anything about […]

While the 25% tariffs on Mexico and Canada were more of a classic Art of the Deal since he used the same number on Columbia, Trump achieved what he wanted from both Canada and Mexico – to secure the border and to stop the drug trade that kills hundreds of American youth daily. There is […]

Total global debt has peaked to 326% of global GDP, adding an additional $12 trillion of debt in the last three quarters of 2024, according to the Institute of International Finance. This figure surpasses what we saw amid the pandemic and is expected to continually rise and governments continue to borrow with no intention of […]

The Legislative Analyst Office (LAO) found that California is facing “double-digit operating deficits in the years to come” as a result of reckless government spending. For the 2025-26 period, the LOA believes the state may have a balanced budget but called Newsom’s spending and policies highly unpredictable. For now, the state has seen $11 billion […]

  Central Bankers are trapped; Keynesian Economics remains the only tool in their quiver, and they are running out of arrows. The Fed Watchers are neck-deep in mainstream media propaganda spun by Marxist academics who lack any experience in even trading their own account, no less observing the real world outside of their ivory towers. […]