Private credit or direct lending soared in popularity after the 2008 recession when regulators cracked down on banks, but now, companies backed by direct loans are beginning to fail. Fears surrounding private lenders and their legitimacy are coming to a head. Private credit is lending outside the traditional banking system. […]
QUESTION: Mr. Armstrong, you warned that Iran would face a crisis in February 2026. You also said Iran would enter a period of extreme conflict with the turning point in 2024. Now we have ships moving to Iran. Socrates has been showing a sharp rise in volatility beginning in February into […]
Nothing causes capital to flee offshore faster than an incoming war. US Treasury Secretary Scott Bessent warned that Iranian officials are rapidly moving capital out of Iran ahead of US intervention. “As Treasury who carries out the sanctions we can see is we are now seeing the rats fleeing the ship because […]
President Trump’s announcement that he wants to push the U.S. defense budget to $1.5 trillion in 2027 is being framed as a necessary response to “very troubled and dangerous times” and a way to build what he calls a “Dream Military.” He claims that tariff revenues generated by his trade […]
The proposed billionaire tax has caussed $1 trillion in potential tax revenue to flee California. The billionaire tax would require California residents worth over $1 billion to pay a one-time 5% fee on all assets, including unrealized gains. Google co-founder Larry Page fled the state and took his $276 billion net worth […]
The Neocons have won. Taking Venezuela followed the 1962 Cuban Missile Crisis agenda to prevent Russia from installing nukes as a countermeasure for Ukraine. There are now even discussions about using military force to seize Greenland, but the most audacious direct slap in the face to Russia is the seizing […]
President Trump signed a Presidential Memorandum directing the withdrawal of the United States from 66 international organizations, including 35 non-United Nations (UN) organizations and 31 UN entities, “that operate contrary to U.S. national interests, security, economic prosperity, or sovereignty.” America’s sovereignty was at risk under the past administration that partook […]
California imposed an exit tax for those wishing to flee the state, but with insufficient funding and desperation to maintain tax revenue, the state is considering legislation that would steal a portion of one’s net worth and redistribute it to social programs. The Billionaire Tax Act would impose a 5% […]
QUESTION: Marty, Socrates has been targeting the first week of January and the month of January as a panic cycle in war. How did you ever create a computer that can predict such events well in advance? MK ANSWER: Look. I have stated many times, this was never my intent. Some of […]
In his 1936 book, ‘The General Theory of Employment, Interest and Money,’ John Maynard Keynes argued that aggregate demand was too volatile to be stable and would lead to inflation or recession. His theory honed in on spending as a means of price control. Low aggregate demand, Keynes argues, would […]