A mixed session in Asia today, probably following the last minute sell-off seen in the US markets. Although most markets opened positive, Chinese indices could not join the party. The domestic data was mixed solid a consumer inflation release, but that was off-set by poor producer inflation. Viewed as negative forward looking data the news […]
The new data protection legislation in Europe known as GDPR. has resulted in simply overwhelming the government with complaints and inquiries from small businesses who do not understand the regs. In Germany, the various agencies are reporting a 500% increase in complaints. Even in Bavaria, 2,974 consultations took place in 2017, and so far this year […]
I have warned before that someone can hack into your car, take control, and actually assassinate you while making it look like an accident. Even Wired Magazine has come out warning about the flaws that allow your car to be hacked. Michael Hastings was the journalist exposing the surveillance state. Hastings wrote about the investigation of […]
QUESTION: I too am French and nobody in school ever connected the weather to the defeat of Napoleon even with so many deaths on his failed invasion of Russia. History is interesting, but it seems to be taught based upon some political agenda. What would you recommend for students to study since the formal education […]
The cautious trend continued in Asia this morning, despite the late rally in US markets on Friday. The news over the weekend was pessimistic in China (Car Sales release) and the Bavarian election result, but optimistic in the BREXIT negotiations at least; – well, until the markets opened! Shanghai hit levels not seen in four […]
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It is really mindblowing how politicians simply refuse to admit a mistake with the refugees and reverse course. Merkel has dug in her heels in over this issue and it is just not going to get better. From the outset, I warned that in an economic decline, the last thing you do is accept immigrants. […]
The greed of governments in their pursuit of money is the single greatest threat to creating a Dark Age. With New Zealand imposing a $5,000 fine for just landing there and you refuse to hand over your pen and passwords to your phone for them to search, now we have Australia going really nuts to […]
The European Central Bank (ECB) will NOT aid Italy with an EU rescue program if the country or its banks are in financial turmoil. The Italian government is taking the view that Italy has become an “occupied” country and that Germany has conquered Europe imposing austerity and its view of inflation upon the whole […]
Jeff Bezos of Amazon loses about $80 million for every dollar the stock goes down. No billionaire was hit as hard by the drop this week in the share market than Jeff Bezos. During the Wednesday selloff alone, the Amazon founder and CEO lost more than $9 billion. This is how they measure people’s worth by the value […]
