Asia’s response to the late U.S. rally in stocks was to play catch-up this morning with all core indices closing up around 1% (roughly where they opened). The ASX followed the surge in oil prices with a gain of almost … →
Can you image how much snow we would get without global warming? They want to tax us to make more of this stuff? I will pay more not to dig myself out.
Advice for Europeans: you should open an account in the United States as your hedge against European banking madness. Europeans can still open accounts in the USA, but Americans cannot open accounts in Europe. This should be the best bet … →
QUESTION: Hi Martin, How long has the central banking era been going and will it come to an end? How many central banks create liquidity for governments by buying their bonds? Cheers SL ANSWER: I understand that central banks have been … →
I have warned that government expansion reduces economic growth and acts like a black hole that sucks in more and more wealth, thereby reducing economic expansion. If the government keeps growing, ultimately we will end up with 100% government consumption or … →
COMMENT: Hi Marty, Found this on Reuters website in an article entitled ‘Desperate in Davos: policymakers struggle for answers’. http://uk.reuters.com/article/us-davos-meeting-mood-idUKKCN0V10OL The most interesting part was this: ‘At a lunch entitled “The End of Political Consensus”, there was broad agreement that … →
