ASIA / AUSTRALIA: There was upbeat news regarding the U.S.-China trade deal today. Trump stated that he and President Xi spoke and that they will have an extended meeting next week at the G20 event. A 6.7 magnitude earthquake hit the north east of Japan today, with expectations of perhaps multiple tsunamis to hit the […]

ASIA / AUSTRALIA: Hong Kong repealed their decision to allow extradition to China after thousands went to the streets in protest of the original decision. Prominent activist Joshua Wong has called for the city leader Carrie Lam to step down. Chinese technology giant Huawei has admitted that there has been as much as a 40% […]

ASIA / AUSTRALIA: Chinese technology giant Huawei signed a deal with Russia’s largest telecoms operator MTS to develop 5G technologies and launch a fifth-generation network in Russia within the next year. This is another example of the close Chinese-Russian relationship. Swiss bank UBS and Japan’s Sumitomo Mitsui Trust (who has 2.6 trillion under management) have […]

QUESTION: I only recently learned of your material and am still digesting it. I appreciate that you encourage critical thinking. I hope you find my questions of the same spirit. In your recent article “Are Two-Tier Monetary Systems a Possible Tool?”, you illustrated how South Africa’s experience could provide an example for nations wanting to […]

ASIA / AUSTRALIA: The U.S. reacted to China’s claim that the “U.S. [is] applying too much pressure” to the deal by stating China is playing a “blame game” by misrepresenting the trade talks between the two countries. The U.S. Department of State head Mike Pompeo released a press statement attacking China over their handling of […]

New findings are out from the New York Federal Reserve that reveal a troubling outlook for millennials who have now reached over US$1 trillion of debt, but the worst of it is student loans. This is a sharp rise of 22% over the past five years and is worse than any other generation in history. […]

ASIA / AUSTRALIA: China accused the U.S. of “economic terrorism.” The Ministry of Foreign Affairs said the White House had “brought huge damage to the economy of other countries and the U.S. itself,” spokesperson Lu Kang told reporters in Beijing on Thursday. China has now reportedly stopped ordering soy from the U.S. over the trade […]

COMMENT: Mr Armstrong, I want to thank you for I listened to the forecasts of analysts who said Europe and Emerging Markets were the best places to invest because the US was overpriced and would crash. I was introduced to you by a friend. I listened. I cut my losses and switched to the domestic […]

ASIA / AUSTRALIA: President Xi Jinping urged fairness and openness when he was presenting at a conference on Dialogue of Asian Civilizations in Beijing. “Thinking that one’s own race and culture are superior, and insisting on transforming or even replacing other civilizations, is stupid in its understanding and disastrous in practice.” He further added, “There […]

ASIA: As we reported yesterday, there are a lot of conspiracies emerging that China will be selling off their treasuries to punish the U.S. for their latest tariff hikes. Many analysts believe this is unlikely due to the massive risk of increasing worldwide interest rates and the probability of backfiring on China. Another question raised […]