ASIA:   A World Bank report has projected India’s economy to grow 6.9 percent in FY23, much lower than the 8.7 percent growth achieved by the country in the previous financial year. “Growth in India is projected to slow from 8.7 percent in FY2021/22 to 6.9 percent in FY2022/23, the latter revised 0.6 percentage […]

ASIA:   The Bank of Japan is considering revising its inflation forecasts upward, sources familiar with the central bank’s thinking said Friday, in a move that could fuel market speculation that the BOJ is set to shift away from its aggressive monetary easing. The revisions would include raising its core consumer inflation outlook for fiscal […]

There is an onslaught of misinformation about the Federal Reserve from everything that it can go bankrupt, and the Treasury will become a second central bank, and of course, the Fed is really the cause of inflation and its balance sheet. The proposal by Janet Yellen to buy in long-term debt and swap it with […]

ASIA: Uncertainty facing the global economy next year will exacerbate challenges at home for China, economists in Beijing say, while urging swift support to help counter external headwinds. As the risk of global recession looms, China should stay alert to turbulence in international markets and the potential of another financial crisis, said former vice-finance minister […]

Poland is creating the most powerful Army in Europe at the prodding of the Biden Administration. It will now surpass even Germany as well as Turkey. They are building a major force with the potential to invade Russia on a conventional level. They call this the “Plan for the Defence of the Fatherland.” They have […]

  The Central Bank Dilemma has become a major crisis in and of itself. I have been warning these past years that the ONLY tool a central bank has is manipulating the interest rates. Quantitative Easing was primarily to influence long-term rates indirectly since the Fed can only set short-term rates. During the past nine […]

  I pointed out at the WEC that all my efforts to try to defeat my own model have failed mainly because in our Republics, which are not Democracies, no politicians care about the future – only the next election, Whenever I would be in meetings and warn that we cannot keep borrowing indefinitely with […]

The Bank of International Settlements (BIS) has warned in its latest quarterly report that there is $80 trillion dollar in off-balance sheet dollar debt in the form of FX swaps. This has involved pension funds and other ‘non-bank’ financial firms. What they do not explain is that each “debt” has a counterparty that has an […]

COMMENT: Thank you for all you do. Your input has guided me well. I suspect my Bank is in deep trouble. _____ bank in ____ CA. They specialize in small business. First red flag was freezing my account for no reason. I then bounced a check because my account was frozen. They could not give […]

QUESTION: Marty, I have been following you now for a few years. You seem to be never wrong. You always say it is not your opinion. Is there some secret to how you do this? Nobody else seems to even compare. Or is it all just the computer? FK ANSWER: We all are human and […]