QUESTION: Dear Martin, you are very right that govs intend to terminate high denomination euros. In Germany it has been impossible to pay cash with a €500 note for quite some time now – at least at most of the shops I usually go to on a weekly basis. At the end of last year […]
COMMENT: Hi, Hunt for taxes is running full scale in Scandinavia. In Sweden, all vehicles including foreign registered vehicles, are obliged to pay congestion taxes in Stockholm and Gothenburg as well as infrastructure charges in Motala and Sundsvall. Sometimes, the automatic camera system reads the license plate falsely and few people in Finland have gotten monthly […]
The Yellow Vest movement is indeed spreading worldwide. In France, they are out destroying speed cameras. Most Americans are familiar only with the red light cameras that cities have been forced to take down for they are unconstitutional. That is why you did not get points for the violation, just penalties. In Europe, the speed […]
Today was one of those days that had the potential to see lots, yet decided to leave it for another day. In China we saw a lower than expected print for the inflation data (1.9% against expectations of 2.1%), resulting in a nonchalant equity performance. The Shanghai closed at the days lows, but still just […]
The reaction from the Democrats and the mainstream media against Trump is really absurd. VOX wrote that he should not even be allowed to address the nation. They wrote: “After watching President Trump’s primetime immigration speech Tuesday, my overwhelming impression was this: Why, oh why, did anyone think it was a good idea to air […]
COMMENT: Mr. Armstrong; Your ECM has been amazingly accurate. Not only did real estate peak, but it is now official, Germany is in a recession. Great job HW REPLY: There is an accurate business cycle that unfolds but you must step back and observe it from a global perspective. The Economic Confidence Model has a […]
The Yellow Vest Movement in France is turning to an all-out war against Macron. Many are now advocating withdrawing their money from banks in order to topple Macron. Yellow Vest activists ‘Gilets Jaunes’, are now supported by up to 70% of the population. This new effort stepping up their pressure to de-throne President Macron and regain French […]
Two more politicians in France have abandoned Macron and joined the right party of LePen ahead of the May European elections. Our sources in France are clearly revealing that the Yellow Vest movement has had a profound impact on politics. Macron’s promises to raise taxes on the rich are falling short because that just never seems […]
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