Taxes have begun to cross the point of no return in New York City. New York City is losing its middle class faster than at any time since the Great Depression. While the rich get richer from investments and the poor get richer from increased social benefits, the loser is always the middle class. The […]
‘Twas the night before Christmas, when all through Capitol Hill Not a creature was stirring, not even a mouse; The stockings were hung for lobbyists to fill with care, In hopes that bankers soon would be there; The politicians were nestled all snug in their beds, While visions of Global Warming Taxes danced in their […]
Anak Krakatau volcano (Child of Krakatau) erupted on Saturday causing a landslide which set off a tsunami that left at least 222 people dead. The search continues. Not much can withstand a tsunami. The activity in this region is what changed the climate and caused the year without a summer in 1816. Once again, volcanic activity increases with solar minimum […]
QUESTION: Mr. Armstrong; I understand at the WEC you told the audience the stock market would correct sharply into January/February. For those of us who could not afford to attend a WEC, are we to expect the slingshot you have been warning should take place? Thank you; HP ANSWER: Yes. Timing is absolutely everything. DO […]
On December 20th, 2018, Claas Relotius was forced to resign after admitting that he routinely just made up stories and invented protagonists in at least 14 out of 60 articles that appeared in Spiegel. He had written for the magazine for seven years and won numerous awards for his investigative journalism, including CNN Journalist of the Year in 2014. […]
The commentary that has appeared in Forbes calls for the only solution is to outlaw pensions. This is actually what will happen. Because there is no resolution, the government pensions will demand to raise taxes and then there is never any reform in government so the end game is one major economic confrontation – the […]
QUESTION: I have a couple of questions for Martin’s blog is of any interest; 1. Did the challenges of the justice system in this case over those years contribute towards some kind of enlightenment? What I am asking is have you reached the state of enlightened? 2. Do your models envisage a large uptake of the […]
According to GOBankingRates, to afford a house now in California it requires $89,280 annual salary. This is the highest in the nation and is a warning that taxes are pushing the limit in California to the point that homes will enter a very sharp decline as people keep trying to leave. This chart is interactive and […]
Another weak close for US markets and again, that sentiment just rolled into Asia and the mood was set for the day. Japan took the brunt as stocks lost another 1% as financials led much of the way following a disappointing BOJ’s unchanged stance. This inspired a revival of the Yen safety bid and took […]
