Archive

Saudia Arabia to Sell All US Assets as Congress Overrides Obama Veto

September 28, 2016

Congress voted to override Obama’s veto that families of those killed in the terror attacks on 9/11 would not be allowed to sue Saudi Arabia. This is the first time he has been overruled. This will open the courts in New York to some very interesting court battles, but Saudi Arabia will most likely sell […]

Why Are the Markets Coiling?

September 28, 2016

  The markets have been coiling, and quite frankly, this reminds me of when Pope John Paul II was shot, which was the first attempted assassination of a pope, on Wednesday, May 13, 1981, in St. Peter’s Square in Vatican City. Mehmet Ali Ağca, a Muslim, shot and wounded the Pope while he was entering the square. It did […]

The Fish Bowl Economy & Academics

September 28, 2016

QUESTION: Hi Marty, I hope you’re doing well. Having been a follower of yours for some time now, and been enlightened from that, I am ever in your debt for what you have shared and (hopefully!) will continue to share. I am an economic history student studying at the University of Edinburgh, and I have to […]

World Trade Collapsing On Schedule

September 28, 2016

The World Trade Organization (WTO) has warned that there is a “dramatic slowing of trade growth” unfolding. The WTO has revised downward its projections, saying trade is now on track this year to grow at the slowest pace since 2009. The hunt for taxes is destroying the world economy and on January 1, 2017, all governments […]

Canadian v US Municipality Debt Crisis

September 28, 2016

Canada has a different legal structure compared to the United States. Canada is one of the most decentralized countries in the world where provinces are actually responsible for most major social expenditures as a whole. The Canadian provinces receive large, unconditional transfers from the federal government whereby some provinces receive transfers from the federal government […]