Market Talk – April 19, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 1,011.35 points or -2.66% to 37,068.35 Shanghai decreased 8.96 points or -0.29% to 3,065.26 Hang [...]
EU Wants to Charge Social Security Taxes on Robots As If They Were People
Japan’s Toshiba 6502.T robot has taken on human form and visitors to the world’s biggest travel show in March were greeted by a lifelike robot. Under new proposed European legislation that is clearly intended to stop technology advancement, the growing army of robot workers are to be classed as “electronic persons” and their owners would then be liable to pay Social Security for them. This is an example of how nuts Brussels has become from regulating cow farts to now wanting to impose the same tax system to robots for their retirement.
Latest Posts
Homelessness Epidemic: the Public Sector is a Welfare Program
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/PublicSectorEmployee.Homelessness.mp4 California’s homeless crisis proves the public sector is a welfare program and political tool. The California State Auditor released a report this month that reveals California’s programs to [...]
Does China Control America’s Strategic Petroleum Reserves?
Sen. Eric Schmitt, R-Mo. Reminded the US Energy Secretary, Jennifer Granholm, “We are not governed by a world government – yet!” The Biden Administration consulted with China before selling off [...]
To Those Mocking Safe Havens
A word to individuals who mock those looking for safe havens. We do not realize how lucky we are to live in America, Canada, or elsewhere during this current time [...]
