ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 99.27 points or 0.35% to 28,287.42 Shanghai increased 16.16 points or 0.49% to 3,312.56 Hang Seng decreased 134.59 points or -0.66% to 20,274.59 ASX 200 increased 13.00 points or 0.18% to 7,236.00 Kospi increased 8.17 points or 0.33% to 2,480.51 […]

QUESTION: Hi, Have you come across a period in history that at the end of the sixth wave, after the political system dies, during the next six waves, human mankind learned from its past errors and corrected it? ANSWER: Actually, the answer is NO. The fall of the Minoan Civilization brought in a dark age […]

ASIA:   India’s unemployment rate rose to a 16-month high in December as job creation in the slowing economy failed to keep pace with the growing workforce. The overall unemployment rate increased to 8.3 percent, up from 8 percent in November, according to data from the Centre for Monitoring Indian Economy Pvt. Ltd. That’s the […]

ASIA:   Chinese Premier Li Qiang said on Thursday that he was committed to opening up and reforming the world’s second-largest economy, seeking to win over foreign investors even as trade and geopolitical tensions with the West loom large. Li, who spoke alongside the prime ministers of Malaysia, Singapore and Spain, earlier this week told a […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 365.53 points or 1.33 % to 27,883.78 Shanghai decreased 5.32 points or -0.16% to 3,240.06 Hang Seng increased 407.75 points or 2.06% to 20,192.40 ASX 200 increased 16.20 points or 0.23% to 7,050.30 Kospi increased 8.98 points or 0.37% to […]

QUESTION: Hello Martin, Been reading your writings with keen interest for over 15 years now since while you were incarcerated. My question is: The way you paint a picture of the past economies going back hundreds and thousands of years through the discovery of coinage hoards is brilliant. How will a future “Martin Armstrong” from say […]

ASIA:   The US and Japan have agreed to not impose export duties on critical minerals needed for electric vehicle batteries. The agreement is aimed at reinforcing supply chains and reducing dependence on China, which currently dominates the sector. The US law requires 40% of critical minerals in eligible EV batteries to be extracted from […]

ASIA:   Local governments in China are facing a debt crisis, with direct debt exceeding 120% of revenue, which is more than what Beijing has unofficially said is an acceptable debt level. The country’s explicit local government debt nearly doubled over five years to the equivalent of $5.14 trillion last year, and there are rapidly […]

  ASIA:   Japan’s economy narrowly averted a recession in the final months of 2022, barely growing on frail consumption after shrinking in the third quarter, revised data showed, underscoring the challenge for policymakers trying to shore up a wobbly recovery. Record high inflation and slowing global growth amid sweeping monetary tightening across many countries […]

ASIA:   China’s central bank kept interest rates unchanged while increasing liquidity injections for a fourth consecutive month, with the aim of supplying the market with enough long-term funds. The move also indicates policymakers’ comfort with the country’s modest economic growth target for this year, set at around 5%, which is at the lower end […]