In India, the Indian Railways posted 90,000 job vacancies. 28 million candidates applied, which was about the entire equivalent of the British workforce. India’s general elections for the lower house of the Parliament started on April 11 and will conclude on May 23. The political party or the coalition of parties that wins a majority of the […]
QUESTION: Martin, if Europe and Japan have destroyed their bond markets, would it be a good idea for them to get the government out of the bond market and have short term rates be floating in the free market? The free market would probably help since they don’t know how to move rates correctly. RG ANSWER: […]
Socialism is dying because governments have made promises they cannot keep. Now when people expect that they will be there, they suddenly find the promises have been constantly revised. They always point to the rich and how they will make them pay. Everything who thinks they cannot possibly be the rich cheer, but at the […]
ASIA: A large rally (people, not stocks) took place in Hong Kong today appealing against the countries extradition law. The proposed law will allow suspect to be sent to mainland China for trail. It is believed over 100 thousand people took part in the protests. Regarding US and China relations the US Treasury Secretary Mnuchin […]
