Nancy Pelosi strongly supported tariffs before Donald Trump came into the picture. Trump is accomplishing what Pelosi dreamed of achieving nearly three decades ago. In 1996, on the House floor, Representative Nancy Pelosi (D-CA) gave a speech highlighting America’s trade imbalance with China. “How far does China have to go? How much more repression? How […]

COMMENT: I just saw you here on RT (Russia Today) explaining the tariffs. What a marvelous job. Nobody knew that interest and dividends are part of what people call the trade deficit. You appear on TV in Russia explaining the world, but not in America. They are still prejudiced by what the bankers did to […]

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 1,298.55 points or -3.93% to 31,714.03 • Shanghai increased 41.26 points or 1.31% to 3,186.81 • Hang Seng increased 136.81 points or 0.68% to 20,264.49 • ASX 200 decreased 135.00 points or -1.80% to 7,375.00 • SENSEX decreased 379.93 points […]

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China is the world’s largest car producer and exporter. A little-known fact is that China first became the world’s largest car exporter back in 2023, with low-cost EV companies BYD and Chery in the spotlight. The nation’s auto sector has been steadily expanding since then, with Chinese brands reaching an all-time high of 69.4% of […]

President Javier Milei saved Argentina from the despair of socialism. Poverty reached a two-decade high between January and June of 2024 at 52.9% when Milei was working diligently to undo decades of poor fiscal policies. New data suggests the number of citizens under the poverty line has fallen to 38.1% Before taking office,  around 57% […]

COMMENT: The media including the financial media really going crazy with this Trump Tariff thing – as if the market wasn’t due for a pull back. DS REPLY: We had forecast that we would see a correction by April last year. I answered plenty of questions on various podcasts about whether this would be a […]

European Union leader Ursula von der Leyen has proposed a zero-for-zero-tariff deal with the United States after the EU was hit with a 25% tariff on steel and aluminum, followed by another 20% levy. The 27-nation bloc will be unable to agree on this proposal, especially since Donald Trump declared that a zero-for-zero deal is […]

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ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 1,876.00 points or 6.03% to 33,012.58 • Shanghai increased 48.97 points or 1.58% to 3,145.55 • Hang Seng increased 299.38 points or 1.51% to 20,127.68 • ASX 200 increased 166.70 points or 2.27% to 7,510.00 • SENSEX increased 1,089.18 points […]