U.S. mortgage rates here in the United States have just risen to their highest level in 21 years. Meanwhile, despite all the talk about how raising rates would somehow tame inflation, and that it was just temporary, and even transitory, inflation continues to rise. Moreover, by the Fed’s own admission, “inflation continues to outpace every projection they have made.” Moreover and overall, food inflation continues to outpace everything else. With energy inflation a close second.
We have repeatedly provided Trends Journal subscribers with details and facts of China’s economic rise and fall. For over a decade we had forecast that while the 20th century was the American century, the 21st century would be the Chinese century... because the business of China is business while the business of America has been war.
Through the alchemy of AI, people can now have “conversations” with the most interesting historical figures in the world.
The Trends Journal has called for Kyiv to negotiate for a peaceful settlement before Russia invaded Ukraine, not because we agree with Russian President Vladimir Putin’s decision to invade, but because Ukraine has no chance of winning against a superior Russian military and it would be in the best interest of its government to get along with their superpower neighbor.
Through April, May, and June, business bankruptcies in the Eurozone increased 8.4 percent, according to Eurostat, the European Union’s statistics agency.
It’s summertime, and the living is easy.
Much of the world, particularly those in the northern hemisphere, is in a summer state of mind.
The Biden administration asked Congress last week to approve a new bill with $24 billion for Ukraine to continue its war effort against Russia.
The silence here is deafening.
There is a BIG secret being kept from the public, one which has the potential to send the already vastly overleveraged financial system into a tailspin on an unprecedented scale… and that is a commercial real estate time bomb.
Understanding the boundless sense of entitlement of technocrats to radically remake the world, is a key to putting together their sometimes seemingly far flung pursuits.
Scott Ritter, the former UN weapons inspector who has been a top voice in the U.S. peace movement since the start of the Ukraine War, saw his YouTube channel deleted last week “due to multiple or severe violations of YouTube's policy prohibiting hate speech.”