Municipalities Going Bust Everywhere

We must understand that municipalities are going broke everywhere in the West. More than 50% of the municipalities in Germany are in trouble. We see the same trend everywhere. The Swedish Kommunivest movement where municipalities banned together to sell their debt which they cannot pay off only illustrates the problem.

We then have states/provinces facing a fiscal crisis. The primary driving force has been the pensions they have been paying themselves. Quebec has been escalating into a fiscal crisis ever since 2007.

This is all coming to a head in the next Monetary Crisis Cycle. This will be a very interesting WEC this year. We tried to make this one a smaller event given we had a large session in Rome. Given the degree of this crisis and the overwhelming requests to attend, we were able to get more space to accommodate more than the 500-limit we had set.

Attendees will receive this special report on the Monetary Crisis Cycle. So buckle-up. Keep your hands and feet inside the vehicle. This will be a ride prone to volatility with a lot of ups and downs.

Latest Posts

American’s Support for Israel Wanes

Americans are more likely to support Israel amid the Middle East conflict, but support is waning. A Gallup poll found that 46% of Americans feel sympathy toward Israel, marking the [...]
Read more

Canada to Take Over for USAID?

Canada has agreed to fund woke programs abandoned by USAID. As the nation grapples with a barely functioning government and cost of living crisis, the Canadian government is funding what [...]
Read more

Market Talk – March 13, 2025

ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 29.05 points or -0.08% to 36,790.03 • Shanghai decreased 13.19 points or -0.39% to 3,358.73 [...]
Read more