PrimaLend Capital Partners filed Chapter 11 bankruptcy protection, beckoning the start of America’s personal loan crisis. The subprime auto lender catered to those “buy-here-pay-here” dealerships that cater to those with bad credit. The people cannot pay their loans and the subprime lenders are folding. Delinquencies are rising, repossessions are surging, and the auto-loan market is […]
Subprime Auto Lenders Folding Read More »
Japan has strictly regulated, if not banned, the majority of defense exports for over three decades. Japan recently outbid Germany for a lucrative contract to export submarines to Australia, marking the first major defense contract in years. Japan also assisted the US in creating Patriot missiles that have been in high demand since the start
Japan to Remove Defense Export Ban Read More »
There are 42 million Americans at risk of losing access to SNAP food stamp benefits due to the prolonged government shutdown. The U.S. Department of Agriculture (USDA) does not have the ability to continue funding the program and funds will run dry on November 1. It is more alarming that one in ten Americans currently
One in 10 Americans on SNAP Read More »
https://www.armstrongeconomics.com/wp-content/uploads/2025/10/mandani-NYC.mp4 Andrew Cuomo’s campaign just posted — and quickly deleted — this AI-generated ad depicting “criminals for Zohran Mamdani.” It is 50 years since NYC had its last bankruptcy crisis in October 1975. President Gerald Ford initially opposed a federal bailout, leading to the famous October 30, 1975, New York Daily News headline: “FORD
Mamdani to Reform NYC – Wall Street Moves to Miami Read More »
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 1,212.67 points or 2.46% to 50,512.32 • Shanghai increased 46.633 points or 1.18% to 3,996.945 • Hang Seng increased 273.55 points or 1.05% to 26,433.70 • ASX 200 increased 36.60 points or 0.41% to 9,055.60 • SENSEX increased 566.96 points
Market Talk – October 27, 2025 Read More »
The Road to Peace is undoubtedly attainable. I urge everyone to read my Peace Proposal that details the intricacies of restoring global order. The importance of restoring peace is paramount. Without peace, we will be forced to endure World War III—the destruction and loss of life is unfathomable. Share this document with whoever is willing
The Core of the Peace Proposal Read More »
Companies are downsizing as the future looks bleak. Third-nation outsourcing is prevalent, and the domestic workforce is tightening. Several corporations shrank their workforce significantly this year in a trend that will continue as the economy turns down. GEICO insurance company, a subsidiary of Berkshire Hathaway, reduced its workforce by 30,000 positions. Insurance may have seemed
Largest Corporate Layoffs of 2025 Read More »
Japan’s Prime Minister-in-waiting Sanae Takaichi has been dubbed Japan’s Donald Trump for her nationalist views. Japan does not have a massive refugee problem. The small nation has always sought to preserve its cultural identity throughout history, and as such, has maintained a high-trust society. Takaichi warned that Japan will not bend to globalist forces, pointing
Japan’s Borders to Remain CLOSED Read More »
