Many countries charge you for goods you buy overseas not just Canada. One of our girls in Germany was called down to pay tax on clothes her mother bought and sent her for Christmas. One Canadian friend visited and left his coat. I mailed it back to him and they demanded an import duty. Trump’s […]
Trump has been attacking Canada once again on trade. He blasted the North American Free Trade Agreement, saying the U.S. can no longer afford to be the “stupid country.” He pointed out that Canada imposes such onerous tariffs on U.S. products, such as shoes, that people are forced to “scuff ’em up” in order to “smuggle” them […]
Citigroup has issued a press release back in March stating that it will penalize banking clients who engage in gun sales even though they comply with federal, state, and local laws. Citigroup’s new policy tells businesses what kind of firearms and accessories they can stock in their stores, and who they can sell them to. […]
A weak session for Asia to start the new week. With little data due, we are left to concentrate on the ongoing US/China trade tit-for-tat, the OPEC meeting and political headlines. The Nikkei and Shanghai both lost around -0.75% and with currencies not lending a supporting hand this time. The Yen remains mid 110’s following […]
QUESTION: Martin, as all members do, I really do thank you and appreciate you for your knowledge and insight. I am a business owner – Real Water and do approximately $10 million in annual sales right now. As a concerned citizen, I have also run for political office and was elected to the Nevada State Assembly […]
The leaked UN climate report is very alarming. They are using linear analysis as always and disregard any nonlinear cyclical data. They are urging that a major crisis will take place by 2040 and that countries must clamp down on emissions virtually IMMEDIATELY. They are arguing to increased taxation and Europe will eagerly follow because […]
Reliable sources are reporting that the European member states are going to rush out debt to try to lock in the low-interest rates before they start to rise and the ECB is still buying very aggressively. We are likely to see new issues of debt to increase before the ECB stops buying.
Angela Merkel has been effectively overthrown over the refugee open-door policy and we may see this officially in a matter of weeks by 07/02 or the week of 07/09. She was given two-weeks to reverse her policy which is effectively a polite way of saying to hit the road. Some are trying to claim that […]
Mario Draghi said the euro-area economy is strong enough to overcome increased risk, and therefore this justifies the European Central Bank’s decision to end bond purchases bringing to an end a decade-long failed experiment. The truth behind this statement is starkly different than being portrayed in the press. Draghi also pledged to keep interest rates unchanged […]
May was an important turning point in Southeast Asia. The corruption that has engulfed the previous Malaysian government centered around a sovereign wealth fund involving Goldman Sachs has rocked the entire Malaysian peninsula. The national debt, which was believed to have been $170 billion, appears to be more like $250 billion of 80% if the national […]
