TheGlobalMacroDigest

In a momentous turn of events the Hong Kong High Court ordered the colossal financial behemoth and China's renowned real estate developer Evergrande Group to liquidate. This occurred on January 29th. Evergrande Group is carrying a staggering debt of 2.44 trillion Chinese yuan. This event signifies an enormous failure of the China real estate industry. It also points out that the Chinese system is corrupt. This failure could not have happened as it did unless the Chinese system is fundamentally flawed. The system is fundamentally flawed because it relies on political favors by the Chinese elites. These same elites maintain offshore accounts. This vlog covers all of the following area: China’s real estate is crashing. China real estate crisis China’s Trillion Dollar Real Estate Collapse Chinese Communist Party elites CCP elites Collapse of China’s entire real estate industry. The Chinese system is corrupt. The Chinese system is fundamentally flawed. The Chinese economic system is fundamentally flawed. Chinese elites have offshore accounts the Chinese economic system operates on a network of corruption The Evergrande coverup.

There is good reason to believe that the U. S. economy is on the verge of a major and prolonged decline. If that assessment is correct, a decline in the economy will certainly be accompanied by a major decline in the stock market. Investors need to take steps immediately to protect themselves and their savings from such an eventuality. There are several reasons to believe this. The first reason is that Federal Reserve interest rate policy and monetary policy have been devastating to the economy. The Fed began raising interest rates in March of 2022. Every month since December of 2022 the U.S. money supply, as measured by both M-1 and M-2, has been contracting. The Fed began raising interest rates in March of 2022. Every month since December of 2022 the U.S. money supply, as measured by both M-1 and M-2, has been contracting. And this decline in the money supply has gotten progressively worse each month since December of 2022. Over that period, the M-1 measure has contracted by 2.5%. The M-2 measure has contracted by 9.25%. The data for these calculations can be found on the web page of the Board of Governors of the Federal Reserve System. The page is entitled Money Stock Measures – H.6 Release. Table 1. The negative effects of the increases in interest rates are only now beginning to weave their way through the economy. This is reflected in recent reports about troubles in the banking sector and in the real estate sector. In 2023 we saw three of the largest bank failures ever witnessed in the United States. First Republic Bank, Silicon Valley Bank, and Signature Bank were all taken over by Federal bank regulators. However, the measures that were taken by the regulators at that time camouflaged the underlying causes of the collapse; they did not remedy the underlying problems. The underlying cause was that the sudden increase in interest rates caused a massive decline in the value of billions of dollars of Treasury bonds and other assets that were held by those banks. Many other banks have similar serious flaws as those three. There is fear that those problems will reassert themselves and that, as a result, a collapse in the banking system and a collapse in the commercial real estate market will follow later this year. The underlying flaws in the banking system were never really fixed. The crisis is beginning to reemerge as $5 trillion of commercial real estate debt taken out during the zero-rate era comes due. Professor Tomasz Piskorski, is a banking specialist at Columbia University. He offered the following analysis: “It’s not a liquidity problem; it’s a solvency problem. Temporary measures have calmed the market but half of all U. S. banks are running short of deposits with assets worth less than their liabilities. The total amount of the shortfall is $9 trillion.” He believes that the values of commercial office buildings have fallen by 50 percent on average from their peak, and 45 percent of all office loans are currently under water; that is, in negative equity. Professor Piskorski is but one of many observers who foresee impending doom in the commercial real estate market, and believe that this will be accompanied by widespread loan defaults and bank failures. Hundreds of banks will disappear. In fact, The Social Science Research Network recently reported that 186 banks in the United States are at risk of failure or collapse due to rising interest rates and a high level of uninsured deposits that they are holding. There is not a consensus among Wall Street strategists over where the stock market will go from here. However, the head of technical strategy at JPMorgan believes that the S&P 500 will plummet by the middle of 2024. He sees the S&P 500 falling to around 3,500, and he believes that investors should reduce their exposure to stocks. He recommends U. S. Treasuries having a short duration. So, how should an investor prepare? What can an investor do to protect his or her assets? The safest are money market accounts, certificates of deposit, cash management accounts, and high yield savings accounts that are insured by the Federal Deposit Insurance Corporation. All of these accounts are guaranteed by the Federal Deposit Insurance Corporation. The F. D. I. C. guarantees all of these deposits up to a maximum of $250,000 per investor and per institution. This vlog covers all of the following subjects: Preparing for a market crash Preparing for a stock market crash Federal Reserve interest rate policy and monetary policy Mistakes that the Federal Reserve has made Countless blunders of the Federal Reserve The Federal Reserve has not served the country well. Investors need to protect themselves and their savings. a decline in the economy will certainly be accompanied by a major decline in the stock market Largest ever bank collapses S&P 500 S&P 500 will plummet Collapse of the banking system U. S. Treasuries having a short duration.

There is good reason to believe that the U. S. economy is on the verge of a major and prolonged decline. If that assessment is correct, a decline in the economy will certainly be accompanied by a major decline in the stock market. Investors need to take steps immediately to protect themselves and their savings from such an eventuality. There are several reasons to believe this. The first reason is that Federal Reserve interest rate policy and monetary policy have been devastating to the economy. The Fed began raising interest rates in March of 2022. Every month since December of 2022 the U.S. money supply, as measured by both M-1 and M-2, has been contracting. The Fed began raising interest rates in March of 2022. Every month since December of 2022 the U.S. money supply, as measured by both M-1 and M-2, has been contracting. And this decline in the money supply has gotten progressively worse each month since December of 2022. Over that period, the M-1 measure has contracted by 2.5%. The M-2 measure has contracted by 9.25%. The data for these calculations can be found on the web page of the Board of Governors of the Federal Reserve System. The page is entitled Money Stock Measures – H.6 Release. Table 1. The negative effects of the increases in interest rates are only now beginning to weave their way through the economy. This is reflected in recent reports about troubles in the banking sector and in the real estate sector. In 2023 we saw three of the largest bank failures ever witnessed in the United States. First Republic Bank, Silicon Valley Bank, and Signature Bank were all taken over by Federal bank regulators. However, the measures that were taken by the regulators at that time camouflaged the underlying causes of the collapse; they did not remedy the underlying problems. The underlying cause was that the sudden increase in interest rates caused a massive decline in the value of billions of dollars of Treasury bonds and other assets that were held by those banks. Many other banks have similar serious flaws as those three. There is fear that those problems will reassert themselves and that, as a result, a collapse in the banking system and a collapse in the commercial real estate market will follow later this year. The underlying flaws in the banking system were never really fixed. The crisis is beginning to reemerge as $5 trillion of commercial real estate debt taken out during the zero-rate era comes due. Professor Tomasz Piskorski, is a banking specialist at Columbia University. He offered the following analysis: “It’s not a liquidity problem; it’s a solvency problem. Temporary measures have calmed the market but half of all U. S. banks are running short of deposits with assets worth less than their liabilities. The total amount of the shortfall is $9 trillion.” He believes that the values of commercial office buildings have fallen by 50 percent on average from their peak, and 45 percent of all office loans are currently under water; that is, in negative equity. Professor Piskorski is but one of many observers who foresee impending doom in the commercial real estate market, and believe that this will be accompanied by widespread loan defaults and bank failures. Hundreds of banks will disappear. In fact, The Social Science Research Network recently reported that 186 banks in the United States are at risk of failure or collapse due to rising interest rates and a high level of uninsured deposits that they are holding. There is not a consensus among Wall Street strategists over where the stock market will go from here. However, the head of technical strategy at JPMorgan believes that the S&P 500 will plummet by the middle of 2024. He sees the S&P 500 falling to around 3,500, and he believes that investors should reduce their exposure to stocks. He recommends U. S. Treasuries having a short duration. So, how should an investor prepare? What can an investor do to protect his or her assets? The safest are money market accounts, certificates of deposit, cash management accounts, and high yield savings accounts that are insured by the Federal Deposit Insurance Corporation. All of these accounts are guaranteed by the Federal Deposit Insurance Corporation. The F. D. I. C. guarantees all of these deposits up to a maximum of $250,000 per investor and per institution. This vlog covers all of the following area: Preparing for a market crash Preparing for a stock market crash Federal Reserve interest rate policy and monetary policy Mistakes that the Federal Reserve has made Countless blunders of the Federal Reserve The Federal Reserve has not served the country well. Investors need to protect themselves and their savings. a decline in the economy will certainly be accompanied by a major decline in the stock market Largest ever bank collapses S&P 500 S&P 500 will plummet Collapse of the banking system U. S. Treasuries having a short duration.

Jamie Dimon is chairman and Chief Executive Officer of J.P. Morgan Chase. He is among the most influential, if not the most influential, of the CEOs of the large money center banks. Dimon identifies himself as a Democrat. He donates primarily to the Democrat Party, and has described himself as "barely a Democrat." Despite his measured tone, he is an unapologetic liberal and globalist. In the past he has consistently supported liberal themes and causes. He has espoused higher taxes; he opposed Brexit, the withdrawal of the U.K. from the European Union; and he supported the elimination of the U.S. debt ceiling which would allow the federal government to run up unlimited amounts of debt. However, Dimon recently brought his liberal credentials into question while attending the annual meeting of the World Economic Forum in Davos. The evolution of world governments and the efforts to drift towards a unified global system of governance is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Big government and high taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

The buying of gold by the world’s central bankers surged ahead in the last part of 2023. In most years the Russian central bank has been the largest purchaser of gold. Between 2017 and 2022, the Russian central bank was by far the largest purchaser. Russia, Turkey, India and China were the largest buyers of gold, and together they accounted for almost 60% of all central bank purchases. However, in 2023 the China central bank briefly surpassed Russia. The economic sanctions that were imposed on Russia because of the Ukraine war caused their revenues from energy exports to decline. This made it necessary for Russia to divert resources that otherwise would have been used to buy gold. During 2023 China assumed the role of the largest central bank purchaser of gold. Now it appears that the Russian central bank is preparing to resume its gold purchases in large amounts. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Big government and high taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

There are several reasons that investors find gold and silver attractive investments. And there are several ways by which they can accomplish their objective of investing in the precious metals. One disadvantage of buying physical precious metals is that they do not produce any cash flow. In order to make a profit from owning gold or silver, the spot price of the metal must rise. In contrast, a business, such as a gold mining company, can generate a profit by increasing its sales and earnings. An investor in a gold mining company would see his holdings increase in value when the price of gold increases, and would also benefit from increased revenues and earnings in the company. Another drawback of holding physical gold or silver is the need to safeguard the precious metals. The owner of physical precious metals will need to insure the gold or silver and pay for safe storage in a bank vault or safety deposit box. Another risk of holding precious metals is that if you need to sell, it might be difficult to receive the full market value for your holdings, especially if they’re coins and you need the money quickly. So, you might have to settle for selling your holdings for less than they might otherwise command in the market. If someone wants to invest in precious metals but avoid the challenges and expense of owning physical gold, there are several options available. There is no reason to hold the physical asset when you can simply have the value of that in a secure and insured trading account. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Big government and high taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

A great majority of people have heard about cryptocurrencies. Around 88% of the population. Most people believe that they have at least a general understanding of what cryptocurrencies are. Nevertheless, they do not trust crypto. The Pew Research Center recently conducted a study of the public’s perception of cryptocurrencies. The great majority of those interviewed told Pew that they do not believe that the current vehicles that are available to invest in cryptocurrencies are either safe or reliable.

China’s young people are buying gold for the same reasons that their parents are buying gold, as are many other people in China and other places. And there are many reasons for this. They see that the real estate market in China is continuing to slide and has not found a bottom. The stock and bond markets are weak. The labor market in China is weak and young people are having trouble finding work, or, if they do, they are not the jobs they had planned for. The Chinese currency, the yuan, has been weak against other currencies. Chinese banks offer very low interest on deposits. Interest rate on bank deposits ranges from 1.5% to 1.8%. Furthermore, military conflicts such as the war in the Ukraine, and the Israeli-Palestinian conflict, have made gold more attractive. Gold is a safe haven. It is seen as a safe investment in times of geopolitical uncertainties. They are aware that the U.S. Federal Reserve has announced that it does not intend to raise interest rates further. That has caused the dollar to weaken. Many observers are expecting that in a few months the Federal Reserve will begin to lower interest rates. The Chinese are also aware, as are many Americans, that the Federal Reserve is the problem. Fed interest rate and monetary policies are the cause of inflation. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Big government and high taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

On Wednesday, the Federal Reserve announced that they would maintain short-term interest rates at their present level. This is the third consecutive month in which they have decided to leave interest rate for overnight borrowing between banks as-is. This was interpreted my many observers that the Fed believes that it is winning the struggle against inflation. They will leave interest rates unchanged in a range between 5.25% to 5.5%. This is the highest level in 22 years. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

There is growing evidence that China's banking sector is under severe pressured. In fact, it appears to on the verge of collapse. If that occurs, the effects would be severe and would reverberate in all economies around the globe. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

Throughout the ages, people have continued to hold gold for various reasons. Societies, and now countries, have placed value on gold, thus perpetuating its worth. It is the metal we fall back on when other forms of currency or mediums of exchange do not work. This means that it always has some value as insurance against tough times. The national debt of the United States recently soared past $33 trillion dollars. That is more than 100% of the annual value of all goods and services produced in the Untie States. This is known as Gross Domestic Product or GDP. What’s more, that annual cost of servicing that debt now exceeds $1 trillion dollars. This raises speculation about the possibility of default. In this article, we explore the possibility and explain the consequences of global sovereign debt default. Today Americans feel poor. The reason is that they are poorer than generations in the past. What is worse, we are approaching a coming recession, a coming market plunge, a coming market crash. However you would prefer to describe it. There is also a danger of a collapse of the dollar. To protect themselves, investors are buying gold. It is very possible that this will lead to a gold price rally. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

It appears that Chinese investors are dumping the U.S. dollar and buying gold instead. Many of these transactions are being performed secretly, so it is difficult to be sure just how large or how frequent the transactions are. But it does seem that this is a recurring practice. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This article aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

China is buying gold in large quantities. The reason is that China is buying gold to replace the dollar. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This article aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

Many people have ignored the warnings that they should have heeded from the collapse of Silicon Valley Bank (SVB), Signature Bank and First Republic Bank. Today I would like revisit these issues. Not a single bank regulator, politician, or bank CEO has a addressed billions of dollars in unrealized losses that are still sitting on the books of many banks. This problem was not limited to those three banks that collapsed. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This article aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions. I wish to acknowledge the license granted by Creative Commons Attribution-Share Alike 4.0 International license.

Gold has been universally respected around the world across many centuries for its value and rich history. Its value has been recognized by many cultures for thousands of years. Coins containing gold appeared at least as early as 650 B.C. The first pure gold coins were introduced during the reign of King Croesus of Lydia about 100 years later. Throughout the ages, people have continued to hold gold for various reasons. Societies, and now countries, have placed value on gold, thus perpetuating its worth. It is the metal we fall back on when other forms of currency or mediums of exchange do not work. This means that it always has some value as insurance against tough times. The national debt of the United States recently soared past $33 trillion dollars. That is more than 100% of the annual value of all goods and services produced in the Untie States. This is known as Gross Domestic Product or GDP. What’s more, that annual cost of servicing that debt now exceeds $1 trillion dollars. This raises speculation about the possibility of default. In this article, we explore the possibility and explain the consequences of global sovereign debt default. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This article aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

China's wealthy are on the move, not physically, but financially. Vast sums are being transferred out of the country. What's driving this exodus of capital? Let’s unpack this. For three long years, China's borders were nearly sealed due to COVID-19. Now, as these restrictions have been relaxed, there's a surge in capital outflow. But it's not just about the reopening... The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This article aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.

Gold has been universally respected around the world across many centuries for its value and rich history. Its value has been recognized by many cultures for thousands of years. Coins containing gold appeared at least as early as 650 B.C. The first pure gold coins were introduced during the reign of King Croesus of Lydia about 100 years later. Throughout the ages, people have continued to hold gold for various reasons. Societies, and now countries, have placed value on gold, thus perpetuating its worth. It is the metal we fall back on when other forms of currency or mediums of exchange do not work. This means that it always has some value as insurance against tough times. The national debt of the United States recently soared past $33 trillion dollars. That is more than 100% of the annual value of all goods and services produced in the Untie States. This is known as Gross Domestic Product or GDP. What’s more, that annual cost of servicing that debt now exceeds $1 trillion dollars. This raises speculation about the possibility of default. In this article, we explore the possibility and explain the consequences of global sovereign debt default. The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This article aims to present the Global Macro Digest's ® perspective on the matter. The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets. Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.