Market Talk – December 2, 2024
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 304.99 points or 0.80% to 38,513.02 • Shanghai increased 37.53 points or 1.13% to 3,363.98 [...]
California is Highest Taxed State in USA and should join the EU
Governor Jerry Brown never saw a problem that could not be solved by just raising more taxes. This time, the state pension fund is going broke as we have been warning with the building Pension Crisis thanks to mismanagement and low interest rates championed by Larry Summers. California has already increased its gasoline tax by 50% in the past decade. Now to bailout the state employee Pension fund, Gov. Brown has proposed a 42% increase in gasoline taxes and, get this, a 141% increase in vehicle registration fees. Nobody talks about cutting government employee pensions. NEVER! Why? When you have a population to milk like cows, who needs to reform?
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Government’s Quest to Control AI and Mainatin Its Propaganda
https://www.armstrongeconomics.com/wp-content/uploads/2016/06/MAA-Socrates.mp4 COMMENT #1: Dear Martin, I listened to Joe Rogan’s podcast interview w/Marc Andreessen where Marc reported that the Biden administration has been secretly meeting with AI companies. Their message: [...]
Climate Change Committee in the UK – Change Your Diet, Drive EVs, Travel Less
The United Kingdom’s Climate Change Committee (CCC) is rapidly moving to eliminate useless carbon from the environment by targeting citizens. The agency said that achieving Net Zero will require “behavioral [...]
Canada’s Migrant Crisis Costs Rise to $16 Billion Annually
I have warned that there will be an exodus of migrants fleeing the United States for Canada in the wake of Trump’s presidency. The Immigration and Refugee Board of Canada [...]
