AI and Defense Spending Fuel $29 Trillion Debt Surge
In 2025, global debt surged by almost $29 TRILLION. Who are the culprits? According to the Institute of International Finance, they are AI AND DEFENSE SPENDING. https://t.co/R4ISyieJwn
Supreme Court Tariff Ruling Boosts Non‑Signatory Nations
Big win for STRATEGIC AMBIGUITY. After the Supreme Court ruled most of Trump's tariffs unlawful last Friday, the biggest “winners” were countries that NEVER SIGNED ANYTHING, like Brazil China and India. https://t.co/V1MJQK07Ip
US Treasury OKs Venezuelan Oil Resale to Cuba, Details Murky
#CubaWatch🇨🇺: Yesterday, the US Treasury said it would authorize the resale of Venezuelan oil to Cuba. But it remains UNCLEAR how or will this work. THE DEVIL IS ALWAYS IN THE DETAILS. https://t.co/PLsrYShRGo
Gold Forecast Rises to $6K‑$7K, JPMorgan at $6.3K
On February 3rd, I revised my gold forecast from $6,000 to $6,000-7,000 per ounce. JP Morgan just revised its end-of-year gold price forecast to $6,300 per ounce. BUY GOLD, WEAR DIAMONDS. https://t.co/Hi3nzEv5w2
Thousands of Spanish Farmers Protest EU-Mercosur Trade Pact
Yesterday, THOUSANDS of farmers took to the streets of Madrid, Spain. They protested the EU-Mercosur Trade Pact. https://t.co/XqvZrcC16q
Gold Prices Set to Remain High for Two Years
The World Bank’s January 2026 Global Economic Prospects report on GOLD PRICES: "Strong investor demand, continued central bank purchases, and safe-haven inflows...are expected to sustain markedly high gold prices over the next two years..." BUY GOLD, WEAR DIAMONDS. https://t.co/fGfk9ZNBcn
One‑Third of South Africans Unemployed, Economy Stagnates
In, South Africa, one in three people are OUT OF WORK. No wonder its economy has STAGNATED. https://t.co/8TbCpugNqS
Trump's Pressure Pushes Modi to Diversify India’s Trade Partners
#IndiaWatch🇮🇳: Thanks to Trump’s threats and tariffs, Modi has pivoted and opened India’s doors to Japan, Brazil, Canada & the EU. MODI IS FASTER ON HIS FEET THAN YOU THINK. https://t.co/I5SCjNBPfI
Sky‑high Prices Strain Americans, Exposing Trump's Affordability Flaw
Americans are exhausted by prices that remain far above pre-pandemic levels. From a year earlier: Coffee +18.3%. Ground beef +17.2%. Electricity +6.3%. AFFORDABILITY = TRUMP'S ACHILLES HEEL. https://t.co/b1uvKYJPHt
Iranian Rial Plummets, Ranks Third Worst Globally
On this week's Hanke's #CurrencyWatchlist, the Iranian rial ranks as the WORLD'S 3RD WORST CURRENCY. The rial has depreciated by 43% against the USD over the past year. RIAL = IN REAL BIG TROUBLE. https://t.co/FmVN6Cuf8I
South Sudan Lacks Reliable Money Data, Undermining Accountability
South Sudan’s government hasn’t produced RELIABLE MONEY SUPPLY DATA since October 2024. SOUTH SUDAN = NO RELIABLE DATA = NO ACCOUNTABILITY. https://t.co/UAqAIjbHdP
Iran's Inflation Soars to 82%, World’s Second Highest
#IranWatch🇮🇷: Today I measure Iran’s inflation at a SKY-HIGH 82.0%/yr. That's the world's SECOND HIGHEST INFLATION RATE. I remain the only reliable source of inflationary measures in Iran. https://t.co/rjjYgxSo4g
Europe's Anti‑Russia Stance Fails: Oil Still Bought
Are the RUSSOPHOBES in Europe still buying Russian oil? The answer is YES. SANCTIONS = NEVER WORK. https://t.co/EGIEz4CjE2
Trump Claims Right to Ignore Law, Destroy Nations
Former British diplomat Alastair Crooke on Trump’s world view: “[Trump] says ‘I will not be constrained by law or by convention or by any of the international institutions’… ‘I have the right to destroy countries.’ ” https://t.co/Bs2ZRsJMLL
China's Gold Reserves Jump 260% Since 2022
Since October 2022, China’s gold reserves have SURGED by 260%. BUY GOLD, WEAR DIAMONDS. https://t.co/ot9Q5fMQ8n
Tech Exports Drive 5% GDP, 7% Jobs in India
According to the World Bank, computer & information services exports account for nearly 5% of India’s GDP and generate roughly 7% of India’s employment. NO WONDER PM MODI IS SO POPULAR. https://t.co/aWyUaxVmlL
US Holds Nearly All Global Data Center Capacity
The US has 3,960 data centers, more than the next 14 countries COMBINED. MASSIVE capital buildout. MASSIVE electricity demand. https://t.co/2CnR0GW60v
Free Trade Is the Greatest Path to Prosperity and Peace
"In the name of both prosperity and world peace there are few steps that we could take which would contribute more than a complete move toward free trade." -- Milton Friedman https://t.co/5HsJX8FJPm
North Korean Won Plummets, Becomes World’s Second Worst Currency
On this week's Hanke's #CurrencyWatchlist, the North Korean won ranks as the WORLD'S 2ND WORST CURRENCY. The won has depreciated by over 50% against the USD in the past year. KIM JONG UN'S ANTICS = CURRENCY CATASTROPHE. https://t.co/mODtL8ocdu
Ramadan Continues Amid Libya’s 56% Annual Inflation.
#LibyaWatch🇱🇾: Ramadan celebrations continue, but soaring prices leave many in Libya struggling. Today, I measure Libya’s inflation at 56.3%/yr. THE WEST'S REGIME CHANGE, WITH THE DECAPITATION AND REMOVAL OF GADDAFI = DESTROYED LIBYA. https://t.co/velLOmEvbM
Trump Tariffs Produce Negligible Job Growth, a Flop
My view in @FortuneMagazine on Pres. Trump's tariffs: "Only 181,000 total jobs were created in the US last year, down from 2.2 million in 2024. Contrary to the Spinmeister-in-Chief, tariffs are, when it comes to jobs, a flop." https://t.co/LtaB5ShdIl
Trump Wields Tariffs as Coercive Negotiation Tool
My views in @FortuneMagazine on Pres. Trump’s upcoming State of the Union: "With the tariff gun at their heads, the Tariff Man asserts that he can force them to sign on the dotted line, even if it is under duress." https://t.co/rfie6YbkBa
Tariffs Contradict Carnegie’s Friendship Principles, Says Fortune
My views in @FortuneMagazine on Pres. Trump’s upcoming State of the Union: "The use of tariffs as threats and leverage is nowhere to be found in Dale Carnegie’s 1936 classic How to Win Friends and Influence People.” https://t.co/rfie6YbkBa
Venezuela Leads Global Inflation Surge, Followed by NK, Iran
#HankeInflationDashboard: By my measurements, this week's top 5 inflators are: 🇻🇪Venezuela — 635.0%/yr 🇰🇵North Korea — 107.8%/yr 🇮🇷Iran— 79.0%/yr 🇱🇾Libya — 56.3%/yr 🇨🇺Cuba — 49.0%/yr https://t.co/22hHl94rWL
Ukraine Sabotages Pipeline, Cuts Oil to Slovakia, Hungary
Yesterday, Ukraine turned on Slovakia and Hungary. Ukrainian operatives blew up the main node of the Druzhba oil pipeline that supplies 100% of Slovakia's oil and 86% of Hungary's oil. UKRAINE = TURNS ON TWO MEMBERS IN NATO. https://t.co/ItvWWCVJb5
Venezuela's Bolivar Plummets 86%, Calls for Dollarization
On this week's Hanke's #CurrencyWatchlist, the Venezuelan bolivar ranks as the WORLD'S WORST currency. The bolivar has depreciated by over 86% against the USD in the past year. VENEZUELA NEEDS DOLLARIZE NOW. https://t.co/HI0TlTBYyv
Trade Deficits Stem From U.S. Overspending, Not Foreign Theft
My views in @FortuneMagazine on President Trump’s tariffs: “Contrary to President Trump’s assertions, trade deficits are not produced by foreigners ripping off Americans. Trade deficits are produced by Americans spending more than they produce." https://t.co/LtaB5SgFSN
India Lowers Dividend Taxes, Revises France Treaty Amid US Tariffs
#IndiaWatch 🇮🇳: While the US builds tariff walls, India opens doors. India has just revised its tax treaty with France and lowered dividend taxes for investors. https://t.co/CWxHPKVvRY
UK Threatens Retaliation After Trump's 15% Tariffs Backfire
In the aftermath of Trump’s new 15% tariffs, the UK threatens it will RETALIATE. TRUMP’S TARIFFS = BACKFIRE. https://t.co/k7gyK9spmB
Turkey’s BIST Soars 24% Amid Inflows, Loose Policy
#TurkeyWatch 🇹🇷: Turkey's main stock index, the BIST 100, is up nearly 24% YTD, and foreign investors are piling into Turkish bonds and equities. Turkey's disinflation story is gaining credibility and capital is flowing in. BEWARE. TURKEY'S MONETARY POLICY REMAINS TOO LOOSE. https://t.co/ubNTzVl6KH
India Skips US Deal, Outpaces Japan in Trade
PM Takaichi sticks with Japan's one-sided trade agreement with the US. India’s PM Modi has wisely not signed a trade agreement with Uncle Sam. INDIA LEAVES JAPAN IN THE DUST. https://t.co/aWVetL1q0z
World Pivots to India as US Tariffs Alienate Allies
#IndiaWatch 🇮🇳: At the margin, the world is making a Pivot away towards India. TRUMP’S TARIFFS = MAKING LOTS OF US ENEMIES. https://t.co/3H8maAoa62
Trump Threatens Tariffs over Supreme Court Decision, Mocks Tariff Chief
Today, Trump issued a statement on Truth Social saying "any country that wants to play games with the ridiculous Supreme Court decision... will be met with a much higher tariff." THE TARIFF MAN HAS LOST IT. https://t.co/AA365cmzVQ
Germany Injects €1.3B Into Salzgitter Green Steel
After financial commitments fell through, the German government pours €1.3 BILLION into Salzgitter’s green steel project. GERMANY'S GREEN SECULAR RELIGION = KILLING THE GERMAN ECONOMY. https://t.co/gmESJ38qxH
2025 Shows Weakest Non‑Recession Job Growth in Decades
2025 delivered the weakest U.S. job growth of any non-recession year in decades. The US job market is NOT as hot as the spinmeister in chief Washington DC cracks it up to be. https://t.co/8bDuyzl0yp
S&P’s Calm Mask Hides Software Slump, Rising Defaults
The S&P 500 looks calm, but look under the hood. Software stocks are DOWN ~30%. Defaults are CLIMBING. Private credit is AT RISK. https://t.co/qJPf95n11Z
Iran's Inflation Hits 79.1%, World’s Second‑Highest
#IranWatch🇮🇷: Today, I measure Iran’s inflation at a PUNISHING 79.1%/yr. That's the world's SECOND HIGHEST INFLATION RATE. I remain the only reliable source of inflationary measures in Iran. https://t.co/Z869QfIwJT
Gold Tops Global Reserves, Outshines All Assets
Gold is officially the most popular reserve asset in the world. BUY GOLD, WEAR DIAMONDS. https://t.co/A7A3qj1YGx
Chinese Investors Surge Gold ETF Holdings by 52%
The Chinese are buying gold ETFs like HOT CAKES. According to the World Gold Council, China’s gold ETF holdings rose from 188.8 tonnes at the end of August 2025 to 286.3 tonnes by the end of January, a 52% increase. BUY GOLD,...
Rupee's Fall Fuels 349% Surge in Gold Imports
The WEAKENING Indian rupee is triggering a GOLD RUSH. The rupee is DOWN 5.6% against the USD since the start of last year. In response, India’s gold imports has surged 349% during the past year. BUY GOLD, WEAR DIAMONDS. https://t.co/iGjJpyGh1p
December PCE Inflation Hits 2.9%, Exceeding Fed Target
The US Personal Consumption Expenditures (PCE) rose from 2.8%/yr in November to 2.9%/yr in December. That’s ABOVE the FED’s inflation target of 2%/yr. INFLATION = THE GENIE THE FED JUST CAN'T PUT BACK IN THE BOTTLE. https://t.co/bTd3rr7JXl
Majority of Americans View Trump’s Tariffs as Harmful
Americans go negative on Trump's tariffs. A majority of U.S. adults say that the impact of tariffs on their families will be negative. https://t.co/eOn1TQa7Bi
Chile's Chicago Boy Reforms Outpace Argentina's Peso Woes
Chile basks in the afterglow of the free-market reforms put in place by Pinochet’s Chicago Boys (1973–1990). Argentina struggles under the weight of the Argentine peso. CHILE LEAVES ARGENTINA IN THE DUST. https://t.co/UyNgQY2kIL
Tariffs Shift U.S. Imports, Not Reduce Deficit
As a result of Trump's tariffs, Americans bought less from China, but more from other countries around the world — Cambodia, Vietnam, Malaysia, and Thailand. TARIFFS DON'T CLOSE TRADE DEFICITS. THEY JUST RE-SHUFFLE THE SOURCES OF IMPORTS. https://t.co/CFIWJu9be2
India Pivots to Brazil with $20B Mining Deal
#IndiaWatch🇮🇳: India just signed a $20B mining and minerals pact with Brazil to secure iron ore and fuel steel expansion. US tariff threats push India away, and it pivots towards the global south. https://t.co/JvDQ3RVGy6
Xi Holds the Leverage as Trump’s Tariff Threats Backfire
When it comes to Trump's tariff threats on China, it's clear that chairman Xi holds all the cards. TRUMP’S TARIFFS = BACKFIRE. https://t.co/ACGdxKxjr0
Western Media Misleads: Ukraine, Not Russia, Faces Crisis
Forget the Western propaganda about the economies of Russia and Ukraine. Contrary to Western media, Russia is not about ready to collapse. It's Ukraine that is in trouble. Don't forget Hanke's 95% Rule: 95% of what you read in the press is either wrong...
India Skips One‑Sided US Deal, Outpaces Indonesia
Thursday, Indonesia’s Pres. Prabowo signed a one-sided US-Indonesia trade deal. Indonesia was slammed with a 19% tariff, while nearly all IDN tariffs on the US were eliminated. In contrast, P.M. Modi has wisely not signed a U.S.–India deal. INDIA LEAVES INDONESIA IN...
Sachs: Trump's Tariffs Are Taxes on Americans, Not Aid
Distinguished Columbia Prof. Jeff Sachs on Trump’s tariffs: “Trump is charging taxes on Americans. [Yet] he fantasizes that [he's charging taxes on] other countries… and he somehow believes this is helping the US economy.” https://t.co/iWEXdB8QFT
Supreme Court Reaffirms Congress Holds Tariff Authority
Distinguished Columbia Prof. Jeff Sachs on the Supreme Court finally crushing Trump’s tariffs: “The powers to impose duties are congressional, not presidential... Today the Supreme Court stood up... and said the President of the US must abide by the law.” https://t.co/Dg8fWzEyAP