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Market Talk- June 19th, 2017

June 19, 2017

A positive start to the week for Asia with all core bourses returning strong one day gains. Hang Seng produced the best close (+1.2%) reflecting much of the closing numbers from the late Friday rally, China core Shanghai closed +0.7% firmer. SENSEX another strong day closing +0.8% higher. Chinese domestic data for New Home Prices […]

EU Proves It Has Become an Authoritarian Government

June 19, 2017

The European Commission President JEAN-CLAUDE Juncker, has come out and boldly stated that Poland and Hungary and their refusal to take in a single refugee person under a plan agreed in 2015 to relocate 160,000 asylum-seekers from Italy and Greece, said: “Those who do not want to accept people with a different skin colour or a different belief […]

Public Education Has Always Been a Weapon Employed by the State

June 19, 2017

COMMENT: I found your comment on public education fascinating. Has it been a tool for centuries to alter the minds of children? ANSWER: Yes. There have been plenty of examples restricting what can be taught and what is prohibited. Joseph Stalin is famous for his state control of education. He boldly stated: “Education is a […]

Suicide Over European Banking Crisis

June 19, 2017

The European “bail-in” rules have been cheered claiming taxpayer money will be spared. However, many seniors bought bank bonds for their retirement. In the rescue of the small Banca Popolare d’Etruria, a retiree who had lost more than 100,000 euros worth of bonds committed suicide. There have been many such events that do not always make […]