The German Secretary General of the Economic Council of the CDU, Wolfgang Steiger, has highlighted the growing economic crisis in Europe. The negative interest rates of Draghi and the ECB have totally failed. He has pointed out that despite various EU stress tests for banks, time and time again they continue to fail. He has […]
There is a rumor going around that the extreme violent protests in Hamburg, which resembled a Civil War, were allegedly funded by Soros. It is just a rumor with no proof as of yet. It may in fact be true that his organization funded in part these protests, but did not direct them to be violent. […]
The American press wants to paint Russia as evil and they would start a world war 3 just to sell more newspapers. Not ever since the Spanish American War has the American press in general acted in the total disregard for the stability of international relations. The meeting between President Vladimir V. Putin and President […]
The vast wave of economic migrants claiming to be refugees that include many countries, not simply Syria, is tearing Europe apart. These people are given everything for free, nothing like any immigrant who came to the USA. This has had a tendency to reduce the incentive to work. They need not find a job to […]
Sweden’s Bråvalla music festival for 2018 has been cancelled because of sex attacks by refugees. The Bråvalla Festival began back in 2013 and became the biggest music festival in Sweden. Allegations of rape and sexual assault at several music festivals in recent years have sparked outrage in Sweden forcing the festival to shut down because the government will […]
Following on from the weak US session, Asia tended to drift in sympathy. Ahead of the US NFP’s it was always going to be light volume but with G20 also just stated numbers were even lighter. The Shanghai has managed a positive close (+0.17%), but not so for the Hang Seng which closed down -0.5%. […]
Just for the record, our office was broken into over the holiday. Sorry, they did not get anything. By no means do we keep Socrates in a public location and it remains quite secure outside of the USA. We also do not keep client records or files of any such kind.
The left is engaging in violent protests at the G20 Summit in Hamburg, Germany. Both the police and G20 opponents were mutually responsible for the escalation of violence, as politicians are demanding harsh punishments for the violent protests with many arguing for prison time. The protesters blocked the routes of the delegations in several places. Other […]
Ministers elected to the European Parliament have no actual power. They get paid extra if they actually show up. What you see are MPs swiping their cards to get that extra pay and then turn around and leave. Well the EU Commission President Jean-Claude Juncker criticized the Parliament MPs for not showing up to listen […]
QUESTION: Dear Martin: How does this affect cash flow to and within the USA? (China Bond market) Rich ANSWER: It does not alter anything just yet. Most of the capital outflow from China has been its own people trying to get cash out. They were using BitCoin to accomplish that. This is a first step […]
