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Summers or Yellen

Obama’s replacement for Ben Bernanke as Chairman of the US Federal Reserve has been narrowed down to a two-horse race, between Larry Summers and Janet Yellen. Summers was Obama’s chief economic adviser in the aftermath of the sub-prime crisis and Treasury Secretary under President Clinton from 1999-2001. Janet Yellen is a former President of the Federal Reserve […]

HOW CAN WE EVER BE SURE OF THIS ELECTION EITHER WAY?

We are looking at a historic election. Over 82 million people voted early in the 2024 election, with the Republicans coming within two percentage points of Democrats for the early vote total. The majority, or 44.9 million, have voted early and in person, according to data from the University of Florida’s Election Lab. Meanwhile, about 37.8 […]

Biden Admits Inflation Reduction Act was NEVER Intended to Reduce Inflation

Biden finally admits the so-called "Inflation Reduction Act" was never about reducing inflation pic.twitter.com/9V7u0FJxnV — Trump War Room (@TrumpWarRoom) September 5, 2024   PSA:  Joe Biden is still the president of the United States. Biden has been hiding on a beach in Delaware ever since his disastrous debate with Donald Trump that hard-launched Kamala Harris […]

The Propaganda Behind Crypto

Now all we hear is how banks are suddenly investing in things like BITCOIN. The propaganda is just stunning, for it has once again proven that Julius Caesar was right more than 2000 years ago, and nothing has ever changed. Things like BITCOIN are a religion, and that is the problem. It would be best […]

Kamala on Inflation – Ignoring the Elephant in the Room

Kamala has a plan to conquer inflation – increase government spending and raise taxes! She has been avoiding the topic in recent speeches, but her past comments can give us some insight. Before the government passed the Inflation Reduction Act, the largest government spending package in our nation’s history, Harris praised the Build Back Better […]

Global Wealth Tax for Climate Change

Brazilian President Luiz Inácio Lula da Silva is backing a global coalition along with the G20 nations to implement a global wealth tax. Lula believes there must be a 2% minimum tax on wealthiest 3,000 individuals, worldwide, in order to redirect those funds into climate change initatives. Finance ministers believe this could raise up to […]

It’s a Recession Not a Depression

The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from those living off government assistance, are better off now than they were four years ago. Americans cannot be gas lit into believing the economy is sound when […]

Corporate Bankruptcies Surpass Pandemic Levels

Americans are opting to file for bankruptcy at a faster pace as they cannot repay their debts. A few major banks came out to say that they lost over $4.1 billion last quarter due to unpaid debts. Bankruptcy filings in the US rose 15% in the first half of 2024, reaching 217,000. Consumers aren’t spending […]

Real Estate vs Supply & Demand

QUESTION: Mr. Armstrong, My question on real estate is that we are in a period where demand has outpaced supply. Has the migrant crisis and climate change collided to create a perfect storm in real estate? Thank you FH REPLY: The only good news for real estate is that smart money is starting to look […]

Taiwan’s Defense Strategy – US Protection

Taiwan’s new administration under President Lai Ching-te has been extremely vocal in its distaste for the One China policy. The Democratic Progressive Party (DPP) campaigned on the promise of sovereignty and patriotism. No other president has been this outspoken about China’s control over the small nation that clearly cannot defeat China independently. Yet there is […]