The clouds have not lifted from the heart of the financial center within the European Union on the continent. The origin of the next crisis is unseen yet in plain view if you care to look. Ten years since the financial crisis of 2007-2009, the core fundamental problems in the banking sector have not yet […]
The terrorist Islamic State (IS) has, according to the London Sunday Times, set up a network of companies in an office in Cradiff (Wales) in Britain which sent military equipment to Spain as well as it is financing terrorist attacks against the West. The Times has included the relevant FBI documents which reveal that surveillance technology […]
The news of Steve Bannon’s departure on Friday came too late for Asia and so cash markets readjusted in this mornings session. We did see a little move back into the JPY again, but much of that move was Friday evening and so today was a combination of the remnants of this and the concerns […]
While the Democrats want to make a huge issue out of Russia hacking their files and releasing evidence that they were truly corrupt and how Clinton was just a liar blaming Russia rather than themselves, interference in the elections of other countries is par for the course. I have reported how Obama has interfered in […]
The EU has abandoned Italy while simultaneously demanding that the refugees must be taken care of. Nearly 100,000 refugees have arrived in Italy since the start of this year alone. The Italian government cannot cope with the refugee crisis and Brussels said they cannot exempt them from the restraint of busgets. That means that money for Italians […]
Just so everyone understands, we do not spam you with endless solicitations just because you viewed anything. We do not even sell advertising on this site because this is a public service – not a solicitation for everything from swamp land to investment funds. We do not solicit money for management because we do […]
Steve Bannon has been fired from the Trump team, and many are saying good reddens. It was Bannon who has been the architect of the most confrontational approach with Congress and has really been clashing behind the curtain. Bannon said in the interview that the main front was China: “We are in a trade war with […]
Barcelona, one of the most beautiful cities in Europe, was the target of the Islamic State in their latest terrorist attack to kill people on a wholesale basis. Spain has now mounted an all out sweeping anti-terror operation after an Islamist militant drove a van into crowds in Barcelona, killing 13 people and possibly injuring […]
The protesters in New York have succeeded in threatening any business that works with Trump. They targeted JP Morgan and Blackstone demanding they resign. This has manifested in Trump having to save face and he dissolved two advisory committees with group managers rather than have them resign under pressure. Trump said he had completed the work […]
Kenneth Rogoff, the Professor of Economics at Harvard University, is stuck in a time warp where he cannot think out of the box even once. He is telling the central banks that the next recession they will have to resort to negative interest rates and they should prepare now. Despite the fact that negative rates have […]
