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Chicago is stepping in to lend cash to its underfunded pensions so they have enough money to avoid asset sales to cover retirement checks as they wait for property taxes to come in after a computer issue delayed collections https://t.co/NjYZMGlDs7 — Bloomberg (@business) September 16, 2025 Chicago’s money trees are shedding their autumn layers with

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 513.05 points or 1.15% to 45,303.43 • Shanghai decreased 44.685 points or -1.15% to 3,831.656 • Hang Seng decreased 363.54 points or -1.35% to 26,544.85 • ASX 200 decreased 73.30 points or -0.83% to 8,745.20 • SENSEX increased 320.25 points

PRIVATE BLOG – The Coming Middle East War Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

QUESTION: Mr. Armstrong, you had forecast that Brazil would go into another revolutionary phase in 2026. Given the recent events here in Brazil, I think that forecast you made three years ago is suddenly looking more plausible. Would you provide an update on Brazil? Thank you Miguel ANSWER: Brazil’s history is notably different from many Latin

The Federal Open Market Committee voted to lower rates by 25 bps at the September meeting, citing “that downside risks to employment have risen.” I reported in December 2024 that the computer had forecast a decline in employment during the incoming Trump Administration. Based on the most recent data, the unemployment rate stands at 4.1%,

The average French pensioner receives a larger payout than working-aged adults. France has one of the highest replacement rate packages of any OECD nation at around 74% of average earnings. The French government spends an astounding 14% of GDP on the unsustainable pension system. The average pension in France is around €1,626 gross per month,

Jair Bolsonaro will spend the rest of his life in a Brazilian prison for inciting a coup that never happened. Bolsonaro’s public humiliation ritual is far from over as the establishment is using him as an example for anyone who dares to voice a dissenting opinion. The latest ruling determined that the former president must

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 111.89 points or -0.25% to 44,790.38 • Shanghai increased 14.476 points or 0.37% to 3,876.341 • Hang Seng increased 469.88 points or 1.78% to 26,908.39 • ASX 200 decreased 59.20 points or -0.67% to 8,818.50 • SENSEX increased 313.02 points