Palestinian Refugees Heading to America
To the surprise of none, President Joe Biden is considering allowing Palestinians to seek refuge in America. Technically, they could already come here; anyone and everyone could come here, as [...]
Britain’s Chancellor of the Exchequer Revolts Against Merkel & Draghi
The new British Finance Minister Philip Hammond was appointed as Chancellor of the Exchequer on July 13, 2016. Hammond is a welcome relief and has come out openly to question the policies of Draghi and Merkel. “The markets need calming signals. You need to know that we will do everything necessary to keep on track the economy,” Hammond said.
Hammond came out and stated that it is time to rethink the economic policy of his country, and, in reality, Europe. He stated rationally that the entire idea of austerity was the appropriate response to the financial crisis of 2008. However, Hammond stated bluntly that the world is in a completely different position today. Effectively, Hammond outright rejected the economic policies of Angela Merkel. What we are beginning to see is an economic revolution against the idea of Merkel’s austerity programs. From Italy and France, we are also hearing the same rebellion.
Latest Posts
The UK Will Deport Migrants to Rwanda
Prime Minister Rishi Sunak finally has the power to bypass the European Union courts and tackle the UK’s migrant crisis. About 1,843 illegal immigrants crossed into the UK in 2019, [...]
US Home Prices Nearing All-Time Highs
Home prices in the US are near all-time highs. As I repeatedly stated, we can no longer look at real estate on the national level. Demand and value are contained [...]
Market Talk – May 2, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 37.98 points or -0.10% to 38,236.07 Shanghai closed Hang Seng increased 444.10 points or [...]
