Merkel’s attempt to silence any internet site that disagrees with her government seems to be the resurrection of the idea of East Germany where she grew up. Freedom of speech was outlawed. When I went behind the Berlin Wall, people would speak freely only when nobody else was close enough to listen. Today they have […]
The Seattle City Council has run out of things to tax so they have unanimously voted to impose an income tax upon the “rich”, and of course we all know that will eventually move to include everyone. The city claims it will raise $140 million and it will cost $10-13 million to set up, and […]
It was only the Hang Seng that saw a positive close today (+0.6%) as most digest the Trump email release and await central bank comments. As part of the safety return the JPY gained almost 1% and was last seen playing around the 113 figure. The Nikkei close lower (-0.5%) as we watched a broad […]
Comey is as guilty as Hillary for treating government work product including top secret information as personal. Comey, just like Hillary, claimed the memos were all “personal” that he made talking to Trump because he did not trust him (contrary to his trust for Clintons). There is no such “personal” qualification and he leaked those […]
The destruction of Hamburg has been massive as photographed by DWN. There is much going on behind the scenes politically with the focus now on intensely monitoring and censorship to be imposed. The degree of violence many view as unprecedented since the raid on Jewish businesses during the Nazi era. Inquiries are now looking into […]
QUESTION: Mr. Armstrong; I read your analysis of Country Risk. It was truly fascinating. You are correct. We do not consider investing in Syria or Iran no less North Korea because they are not safe places to do business. That is clearly the first decision which shuts down any further consideration. So I must ask. […]
Another encouraging session for Asia as the confidence continues, at least until we see something to the contrary later in the week. Many are referencing the bond markets as they watch yields creep higher and the curve start to steepen as an indication that things have finally turned. China’s Shanghai settled small lower but the […]
The Reuters Editor’s Choice picture demonstrates what I have been saying about revolution. When the army defends the corruption of politicians, there will be blood in the streets. Only when the army stands with the people will government collapse. Here we have a member of the security forces firing his gun against the people to defend […]
