Canadian Election
QUESTION: Marty, Socrates seems to be pointing to a C$ bounce. Does this imply that Carney will lose, or does it mean the bounce will be brief on his nonsense [...]
Deutsche bank to Merge with Commerzbank Bank
Deutsche Bank is in crisis and everyone has known that. Its derivative book is hard to quantify what is the real net bottom line. The only bank it could have been merged with was BNP but that was French and they cannot allow cross-border capital flows in bailouts. That left Commerzbank Bank, but they too have a lot of the same problems.
The two will be merged WITH government assistance covered up. As I have warned, Deutsche Bank is the biggest bank in Europe. I failed to see how Germany could allow it to collapse, Hence, this merger has to be accomplished with government aid – the very thing they tell Italy they cannot do. This is showing what I pointed out – Merkel had to blink.
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Market Talk – April 28, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 134.25 points or 0.38% to 35,839.99 • Shanghai decreased 6.65 points or -0.20% to 3,288.41 [...]
US Customs Can Search Social Media History
Countless nations have increased their customs requirements as the freedom of movement slowly becomes restricted. The European Union now requires ETIAS for entry. The United Kingdom now requires an Electronic [...]
California Becomes World’s Fourth Largest Economy
California recently surpassed Japan to become the World’s fourth-largest economy behind the United States, China, and Germany. The International Monetary Fund believes California’s nominal GDP is $4.1 trillion, surpassing Japan’s [...]
