As I reported in November, Federal Reserve members are fleeing the central bank. Federal Reserve Vice Chairman Richard Clarida announced that he is resigning this Friday before his term ends in the midst of scandal. Similar to other Fed members who resigned in 2021, Clarida has come under harsh scrutiny for what many deem insider […]

There is a confrontation in the wind. Sergei Ryabkov, Russia’s deputy foreign minister and special negotiator in the US-Russia talks in Geneva, bluntly states that NATO can no longer “push” Russia to a minor role in European and international politics. NATO must return to the borders of 1997. Russia is blaming the US for the […]

ASIA: India cut its forecast for economic growth in the year to the end of March to 9.2% on Friday from an earlier outlook of more than 10%, as disruptions due to the Omicron variant of coronavirus hit consumer sentiment and economic activity. The new forecast for real GDP in 2021/22 compares with a contraction […]

There is something seriously wrong with the FDA, CDC, and the NIH. All of these pretend “independent” health organizations need to be CRIMINALLY investigated at this point. NOTHING they recommend can be trusted. A Federal Judge ordered the FDA to Produce Pfizer’s Safety Data in 8 months rejecting their claim they need 75 years. The […]

The post-pandemic real estate frenzy led to mortgage lenders issuing more money last year than ever before. According to records, mortgage lenders in the US issued $1.6 trillion in purchase loans in 2021, an increase from $1.48 trillion in 2020. The only time mortgage loans came close to this level was in 2005, when lenders […]

ASIA: Japan’s government is set to unveil its largest annual budget on Friday with $943 billion in spending for the fiscal year beginning next April, further straining the industrial world’s heaviest debt, Reuters reported. The first annual budget to be compiled by Prime Minister Fumio Kishida’s government got a boost from Covid-19 countermeasures, social security […]

The Federal Open Market Committee plans to taper its asset purchasing program by $30 billion per month. Starting in January, the central bank will begin buying $60 billion in bonds monthly, citing “inflation developments and the further improvement in the labor market.” As for interest rates, the Fed is considering as many as three rate […]

As I mentioned on the Private Blog yesterday, the Federal Reserve declared World War III in the financial markets as the European Central Bank (ECB) was on its knees groveling, “Please don’t raise rates.” The Bank of England (BoE) is in far better shape than the ECB, which is on the verge of collapse. The […]

Inflation is soaring with no end in sight. The Consumer Price Index rose 0.8% in November, marking a 6.8% increase in inflation YoY. According to the Labor Department, this is the fastest pace of inflation since June 1982. In addition, Core-CPI rose 0.5% last month, amounting to a 4.9% annual increase, the quickest advancement since […]

  Saule Omarova will not become the next US Comptroller of the Currency after withdrawing her candidacy. Nominated by President Joe Biden, Omarova has come under fire for her Marxist views and received bipartisan opposition. Omarova previously dispelled notions that she supported Marxism, stating that she could not control the fact that she was born […]