ASIA: China has announced a plan to boost its struggling economy by reducing the reserve ratio requirements for banks by 50 basis points, effective from February 5. This move, the first reduction in reserve requirements for the year, is expected to release 1 trillion yuan ($139.8 billion) in long-term capital. The decision was announced by […]

One piece of analysis commonly misconstrued is the Federal Reserve’s role in the nation’s economic health. Even those who have the ability to piece together other variables that often go unnoticed commonly point their finger at the Federal Reserve. No one is factoring in the largest driver of inflation – WAR – nor are they […]

  ASIA:   China’s central bank is signaling a commitment to maintaining loose monetary policy by reducing the required reserves for banks. Zou Lan, head of the People’s Bank of China’s monetary policy department, stated in an interview that the central bank will use various tools, including adjusting reserve requirements, to provide strong support for […]

I have spent way too much time the past few days on phone conversations concerning the geopolitical Ukrainian mess from different sides and what our computer is showing. There is a growing concern in Washington that this war in Ukraine has run its course. This seems to have risen since Biden threatened if he did […]

ASIA:   China has unexpectedly issued oil import quotas for 2024, allocating 179.01 million tons (3.59 million barrels a day) to private refiners and traders. This nearly matches the total allowances for the previous year. The move surprised the market, and with a preliminary allocation in December, the total for 2024 now stands at 183.69 […]

QUESTION: Regrding Ukraines’ failing economy article, posted on Dec 31st 2023. Why is it, do you think, that the west wants to weaken Russia so badly? Isn’t the greater threat China? And also, wasn’t it Russia that started the invasion, so do they not have themselves to blame for the scrambling of war mongering from […]

A Donald Trump win would be a complete disaster for the Neocons. He repeatedly stated that withdrawing from the war in Ukraine would be his first priority on day one in office. Trump threatened to leave NATO and was a harsh critic of the organization as he did not see the benefits for the US. […]

ASIA:   In November, China’s new loans are anticipated to have significantly increased compared to the previous month, surpassing the amount from the same period last year. According to a Reuters poll of 19 economists, Chinese banks are estimated to have issued 1.3 trillion yuan ($181.72 billion) in net new yuan loans, a notable rise […]

JPMorgan Chase CEO Jamie Dimon believes Americans should be upset about their economic status, and does not understand why there is not more outrage. The billionaire in charge of the nation’s largest bank believes that electing Donald Trump in 2024 would be the worst financial decision for the working class. Why? Well, Trump has made […]

  QUESTION: I was told I should not listen to you because you manipulated the world economy with the bankers, and you were an adviser to BCCI and managed money for Saddam Hussein and Qadaffi. When I asked if you manipulated the world economy, then why invest against you? There was no reply. I watched […]