ASIA: India’s wholesale price-based inflation fell by 3.48 per cent in May on an annual basis as against a contraction of 0.92 per cent in April, the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry stated on Wednesday. The inflation rate for the food index witnessed a contraction of 1.59 […]

  No more will there be any currency In God We Trust – that was just a slogan Republicans passed in July 1955 under President Dwight Eisenhower. The Biden Administration prefers DIVIDE AND CONQUER which is their agenda domestically & internationally. Ah, the good old days when there was no God – just politicians. So a […]

QUESTION: Dear Mr. Armstrong, could you please explain what happens in technical terms from a capital flow perspective, when confidence is lost and hyperinflation starts to begin? For example Turkey. When Erdogan was elected i think you wrote that ever since the lira started dropping. So confidence in politics is key. Do you think one […]

COMMENT: Mr. Armstrong, Your economic confidence model is too good for the corrupt Noble Prize. I have been following you since 1983. Your research into the shift in confidence between the people and government is so in your face today, I can see why you said the dollar may not last beyond 2029. It is […]

Iran and Saudi Arabia are now mutual friends through China. The two countries had been sworn enemies since the beginning of time, representing conflicting Shiite and Sunni Muslim groups that have been battling since their religion was founded. They were murdering one another through a proxy war in Yemen that has left over 150,000 dead. […]

ASIA:   According to the World Bank, India’s economic growth is expected to slow down further to 6.3% in the financial year FY 2023/24. This is a downward revision of 0.3 percentage points from the previous estimate of 6.6%. The main reason for the slowdown is attributed to constrained private consumption caused by high inflation. […]

ASIA:   China’s factory activity contracted at a faster rate than expected in May, signaling weakening demand and adding pressure on policymakers to support the country’s uneven economic recovery. The official manufacturing purchasing managers’ index (PMI) fell to a five-month low of 48.8, below the 50-point threshold that indicates expansion, and lower than the forecasted […]

Target achieved a 100% score on the Corporate Equality Index (CEI) in 2022, and was rated #4 by the Human Rights Campaign for being one of the wokest companies. This arbitrary social credit score goes against American values and people are protesting with their dollars. Target managed to lose $10 billion in ten days after […]

QUESTION: Dear Martin, DeSantis announced his run for the Republican candidacy. You’ve mentioned several times he would be eaten by the career politicians in Washington. What if he becomes Trump’s running mate? Would that be a good course? Sincerely, Martijn ANSWER: That would be the only way I would see DeSantis as having any real […]

COMMENT: Hello Martin, The debt ceiling is pi!! = 31.4 trillion $ Coincidence? 😜 Best regards from Vienna and thanks for what you are doing. Ralf REPLY:  Yes, very interesting. This is no doubt the major turning point on debt and this is on a global scale. It is not the collapse of the debt […]