Economy
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Beware May 7th, 2024 | Armstrong Economics
[ad_1] QUESTION: Marty, Thank you for a fantastic conference. If it were not for your forecast that the dollar would rise and rates would rise, putting European banks in distress before the USA, you would have saved our company a fortune. I know it’s Socrates, but we still need you here. Now that they have postponed the visa for Americans…
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Current UK and EU stagnation are in part the consequence of deficit obsession
[ad_1] The rule of thumb journalists use to define a recession, two quarters of negative GDP growth, is unhelpful in many ways. If the economy grows by 0.1%, the headline is ‘UK avoids recession’, but if it grows by -0.1% in two consecutive quarters, the headline is ‘UK enters recession’. Yet the difference between those two, 0.2% of GDP,…
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Zelensky Tried To Capture Russia In 2012?
[ad_1] Some say that life is a movie, which is certainly the case for Volodymyr Zelensky. Zelensky is first and foremost an actor. He was a proper choice as a puppet president because he could successfully parade around as if he were a concerned leader when he only cares about stuffing his pockets with the USD while his own people…
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Covid and the unforgivable mistakes that cost tens of thousands of lives in the UK
[ad_1] As the Covid Inquiry progresses, it is clear the government led by Boris Johnson made two catastrophic mistakes during the pandemic of 2020. The first was to do virtually nothing until late March. The second was to encourage a second wave in the autumn, and again fail to take effective action to stem it during the rest of…
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Did Socrates Predict The 2014 Gaza War?
[ad_1] Biden has been escalating tensions in the Middle East since he entered politics. In 2013, then-Vice President Biden used his favorite line: “If there were not an Israel, we would have to invent one to make sure our interests were preserved.” Now, our models noted that the beginning of the global conflict we are facing would unfold in 2014.…
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What does being an iron Chancellor actually mean?
[ad_1] Rachel Reeves in her conference speech (text version) only mentioned the word ‘iron’ twice (‘iron discipline’ and ‘iron-clad fiscal rules’) but that and the nature of her speech was enough for the headline writers to label her as a potential Iron Chancellor. Which, I suspect, is exactly the way she and her team would have wanted it. Thanks…
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Thirteen years of creating doubt and uncertainty for UK business
[ad_1] France has 12 high speed train lines, and is planning to build 4 more. Spain has even more. Yet the only high speed line the UK currently has leads out of the country. Our Prime Minister, without apparently consulting anyone, has cancelled the more useful part of our second high speed line to Manchester. As Tom McTague writes: “The…
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Hillary Clinton Says Trump Supporters Need “Formal Deprogramming”
[ad_1] Donald Trump received 304 electoral votes in the 2016 US Presidential Election, beating Hillary Clinton who only received 227. She harbors extreme resentment toward not only Trump but those who cast him on the ballot over her. The Democrats have repeatedly called “MAGA extremists” domestic terrorists and the largest threat to national security. Clinton has a solution — “formal…
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Canada to be Short 3.45 Million Homes by 2030
[ad_1] The demand for housing in Canada drastically outweighs the supply. The Canada Mortgage and Housing Corporation (CMHC) has confirmed that fewer new builds are expected for 2024. In fact, the agency anticipates that Canada will be short by 3.45 million homes by 2030 – right on time. Better yet, the gap is certain to widen if/when Canada expands its…
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PRIVATE BLOG – Neocons Undermining the Dollar
[ad_1] PRIVATE BLOG – Neocons Undermining the Dollar Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ [ad_2] Source link
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