Yes – Canada has also adopted the BAIL-IN abandoning the socialist BAILOUT so banks can take depositors money legally. This is how we move from Capitalism to Socialism to Tyranny,
From January 31st, 2018, the UK authorities have a new power. They can now use new and expansive investigative authority to require both individuals and corporate bodies to provide information as to how they acquired property. Known as Unexplained Wealth Orders (“UWOs”), which is another step toward tyranny all because governments are totally incapable of managing their […]
I have been warning that we are in the midst of (1) collapse in democracy as the bureaucracy attempts to ensure they get their’s, (2) the collapse of socialism, which is the implosion of social programs, and (3) the collapse of pensions set in motion by the artificially low-interest rates for the past 10 […]
The Global Warming Conspiracy is desperately trying to destroy the world and end modern society as we know it. Of course, it is California countries who have argued in court bringing a lawsuit against Exxon and others claiming that by 2050, their towns will be destroyed and under water because of the fossil fuels. Exxon has […]
PRIVATE BLOG – Dow for the Close of the 23rd
We saw a mixed session in Asia which is not so surprising having seen a total reversal of US stocks gains in the final hour of trading. Yesterday’s 300 point gain ended with a 167 point decline proved the uncertainty Asia really didn’t need. The Yen continues to be the harbor of safety gains on […]
I have warned continually that the Sovereign Debt Crisis will unfold not so much by people selling government debt, but by the lack of people buying new debt. The greatest peril is when there is NO BID for the new issues because all governments are operating a PONZI scheme. They sell new debt to pay off maturing debt. […]
While the stock market crashed as the pundit looked in their bag to try to come up with an excuse, they blamed rising inflation and interest rates. Yet, nobody is really paying attention to the underlying trend. The cost of carrying debt has been rising gradually and there are noticeable measurable impacts that the pundits are […]
Behind the curtain, there is a growing concern about a serious banking crisis beginning once again in Europe. Many governments are talking about the crisis behind-the-curtain and we are now beginning to see steps that are being taken to end the TO-BIG-TO-FAIL policies that dominated the 2007-2009 Crash. The United States is looking at a […]
On the whole a positive session for Asia with the Hang Seng probably the stand-out performer on the day. Closing up almost 2% gains were led by financials, bouncing after yesterdays nerves, but also a strong performer were energy/chemicals and property sector’s with Country Garden (+5.6%) and China Petro-Chem (+3.7%). Shanghai market remains closed for […]
