Federal Administrative Court in Leipzig ruled last week that the Federal Intelligence Service (BND) may continue to access data at the world’s largest Internet node in Frankfurt am Main without just cause. In the ruling, the court dismissed an action brought against this practice by the operating company and the government demanded they turn over […]
Healthcare costs have been exploding even in Germany. The revisions in healthcare of about two years ago did expand the coverage, but the expanded costs were completely unexpected. That means Germany is also looking to now raise taxes to cover the higher costs due to their legislative reforms. The reforms have brought in more people in need of care and relatives than expected. Currently, the […]
One of the more fascinating examples of how the government prosecutors are looking for high profile cases to further personal careers rather than actually policing society to protect the people has been exposed by the sale of the Leonardo DaVinci painting of Jesus Christ. I previously reported that DaVinci’s 500-year-old painting, known as Salvator Mundi (Saviour […]
Just to Clarify, we are also picking up Capital Inflows from the EU moving into Scandinavia – Denmark, Sweeden & Norway. We also see money moving into Poland and Hungary which appears to be some diversification movement. What has become increasingly apparent is the mere fact that confidence among SERIOUS money is starting to realize the […]
Although yesterdays US session was a solid performance, it had produced that gain within the first couple of hours trading, so although solid did not really extend much further. That sentiment was reflected in Asia today with gains but not excessive and left some core behind, especially having had to recover from some early losses. […]
Our models based upon reliable source flow data is currently showing that the Eurozone is the NUMBER ONE place in the world with the greatest amount of capital fleeing than any other region in worldwide. This is indicating that the CONFIDENCE in the Euro Project appears to be collapsing among the most conservative elements […]
The German public broadcast agency ARD is proposing structural changes. Due to the low-interest rates, the ECB has placed the agency in hard times with its pensions. Karola Wille, the director, has called for structural reform to reduce costs. The proposal centers on technological change to increase efficiency in the performance of its mandate. They are […]
QUESTION: Hello Mr. Martin Armstrong. Why is it that if EURUSD goes down 20 – 30 pips other pairs with the EUR – such as the EURAUD or EURNZD go down 50 – 150 pips? Why such difference and volatility with these pairs? JMF ANSWER: The reason for this is simply that the US dollar […]
QUESTION: Hi Martin Was curious if you could address what Socrates has popped up on the last report….of a “Knee Jerk Low” this quarter. Is this a possibility that we should be on guard for? A very thankful follower of your work!! C ANSWER: The terminology I have developed is unique and it comes from actually […]
Guatemala’s Fuego volcano erupted with the most violent volcanic eruption in more than a century. People have been buried alive in the ash like Pompey. The eruption so far took place on Sunday and lasted for 16 and a half hours. The eruption reached 14,763 feet of ash thrown into the air. This is one […]
