Archive

The ECB is Insolvent Based on Their Standards

December 23, 2016

As we approach 2017, the euro appears far worse than anyone could imagine. The biggest hypocrite is actually Mario Draghi who is outrageously managing the European Central Bank (ECB). To make this as plain as possible, the ECB is the largest individual creditor of the euro countries, and is thus a bank that is undermined completely by the poor creditworthiness of the […]

Clarification on India’s Gold Confiscation

December 23, 2016

To make it clear, India is not going door to door to confiscate gold any more than FDR did. The reason so many $20 gold coins have survived is because there was no door to door confiscation. Banks and corporations who had records of gold were forced to turn their gold over and then FDR […]

Destroying the Global Political Economy

December 23, 2016

QUESTION: Well Marty, I am actually baffled at what is happening in the United States. First, the demonstrations, the recount, the campaign to derail the electoral college vote, the continuous blaming of Russia, the fake news furore et al… Is this the end of the United States as we know it? Are Obama, Clinton and co […]