KW: Trumps booming economy  only exists in the minds of crazed Wall Street analysts, the same applies everywhere else but being flooded with printed cash means the media doesn’t ‘get it’ as to why there has been no reality check.   This means that by mid-January, the Fed’s balance sheet will surpass its all time…

KW: With three rate cuts this year in the U.S. (and elsewhere), interest on government debt is at multidecade lows. This leads some economists and bankers like we saw in New Zealand just recently to argue that economies in most developed nations can allow debt to expand without any long-term consequences. But they are downplaying everything…

KW: This is not the news that mainstream media will be reporting. They will make out that China has bowed to American supremacy. The lie has sold well on Wall Street however which is what its all about. No market crash on Trump watch!   And just like that, confirming weeks of media speculation, Trump…

KW: Trump too charge (if you can ignore the so far 3years of ‘overthrow Trump’ activity culminating inthe current DNC impeachement farce) of a near bankrupt U.S. economy showing signs of drowning in a sea of debt. While this scenario is going to have to keep going on and building for sometime yet there appears…

KW: John Mauldin is a widely travelled and well connected American commentator whose views deserve respect. More about the significant macro issues. Despite this 30% of Americans still believe the $ is backed by gold You really need to watch this video of a recent conversation between Ray Dalio and Paul Tudor Jones. Their part is about…

KW: Nomi Prins writes…”If you’re a regular Daily Proof reader, you know the Fed’s pumped in hundreds of billions of dollars since September to prop up money markets. But the bulk of this money hasn’t gone to commercial banks that might use it to loan to businesses or to purchase housing. Instead, most of the money’s gone…

The world is now 188 trillion dollars in debt, and that number continues to grow rapidly each year. It is a form of enslavement that is deeply insidious, because most of those living on the planet do not even understand how the system works, and even if they did most of them would have absolutely…

KW: Copy of the latest Prins article Last week, the Fed cut rates by another 25 basis points which brings the total rate cuts for 2019 to 75 basis points. But here’s the problem: If the Fed keeps rates this low, it means more financial asset bubbles can inflate. But if the Fed doesn’t lower…

KW: Proving once again that the Chinese are years ahead of the U.S. when it comes to technology despite the continued attack on China by the U.S. claiming that Huawei 5g smart phone technology will be used by China for espionage against users (including New Zealand), China simply shruggs and moves already onto 6g ,a…