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Market Talk – October 18, 2019

October 18, 2019

ASIA: There is some concern over the latest figures of Chinese unemployment, which shows that 10.97 million new jobs were created. This is very close to the full-year government target of 11 million. US President Trump often bashes China and suggests that the trade war is costing them dearly, with more than “3 million jobs” […]

Would Maggie Thatcher have Been Remain or for Brexit?

October 18, 2019

COMMENT: You and Maggie could have solved BREXIT in a week! HS REPLY: She would have done precisely that. Of course, they staged a coup against her to take the UK into the euro. She was not against the EU as long as it remained a trade union. We had discussions on that subject. Maggie […]

Could We Ever Eliminate Fossil Fuels?

October 18, 2019

QUESTION: Hi, Martin! Let’s get some numbers. Check the car numbers in Canada, assume a yearly mileage 15000km each and IF they all are electric ones assume consumption of 48kWh per km. Get the total and compare it with yearly production of electric energy in Canada. With data that I used, I got 17169TWh consumption […]

Debt Crisis & What it Means for the Average Person

October 18, 2019

QUESTION: Dear Sir, In connection with official and real interest rates: For us, the ordinary people, how can we benefit or lose from this situation? As it seems on first site that it simply deals with big boys (gvmnts, banks, etc) Thank you SM ANSWER: Our client base is probably the most diverse in the […]