QUESTION: The general view is that Trump has turned the Republican Party into his Party – Trumpism. You seem to support Trump. Would would respectfully explain why? DH ANSWER: This is a very clever tactic by the Democrats to try to turn Republicans against the Republican Party and to vote for the Democrats while […]

QUESTION: With the bank runs in China, do you still think China will surpass the US economy? What about Pelosi’s trip? China’s response was more shock and see than anyone expected. GD ANSWER: Nothing has changed. But you have to understand that the decline in the US economy also benefits China’s rise. The Democrats are […]

Russia recently claimed that it had been a close friend of North Korea since World War II, when Japanese forces were expelled from the peninsula. In a celebratory speech, South Korean President Yoon Suk Yeol mentioned how the end of Japan’s colonization was a win for both Koreas, albeit leading to their nasty divorce. Yoon […]

ASIA: The move to delist five Chinese state-owned enterprises (SOEs) from the New York Stock Exchange (NYSE) signals that Beijing may be willing to compromise to strike an audit deal with the United States and end a more than decade-old dispute. Analysts and consultants informed about it on Monday. Five state-owned enterprises, including oil major […]

On Korea’s liberation day, President Vladimir Putin responded to Kim Jong-Un’s request to join the fight in Ukraine. In a letter to the North Korean dictator, Putin said North Korea had been a friend to Russia since Japan’s defeat during World War II. Kim is calling for “strategic and tactical cooperation, support and solidarity” between […]

ASIA: India’s consumer inflation eased to 6.71% in July, easing for a third straight month, helped by slower increases in food and fuel prices and adding to expectations that the central bank may rein in the pace of interest rate hikes next month. The year-on-year figure, published by the Office for National Statistics on Friday, […]

ASIA: China’s export sector posted strong growth in July, providing a much-needed boost to the world’s second-largest economy, which is almost certain to miss its GDP target this year. Exports measured in US dollars jumped 18% in July from a year earlier, marking the fastest pace of growth this year, according to Chinese customs statistics […]

    Klaus Schwab does not understand human nature or how the world economy functions. He preaches Stakeholder Economics which failed and was instituted during the Depression BECAUSE there were no government programs. The theory then was that companies should contribute to saving society. It failed because there was no coordination, for every company was […]

COMMENT: Marty; I really do not think people give you enough credit whilst they all pretend to claim they called it correctly just a couple of months ago. I was at your 2011 WEC in Philadelphia. A friend bought the ticket and dragged me there. I have to say, aside from your prediction that war […]

ASIA: Singapore’s sovereign wealth fund GIC reported steady returns for the year but warned of “deep uncertainties” as investors face concerns over inflation, pandemic risks and geopolitical challenges. The fund’s portfolio posted an annualized nominal dollar return of 7% over the 20-year period ending March 31, 2022, GIC said in its annual report released on […]