A 91 year old woman in Kristianstad tried to simply deposit her 108,000 SEK (approx. 12000 USD), which was her life savings. The bank refused to accept the notes, because the woman could not explain where they came from. The woman saved the first money in the drawer, because she did not trust banks. Then in a […]
The Associated Press ran a story reporting: “Congressional Republicans are planning a massive overhaul of the nation’s tax system, a heavy political lift that could ultimately affect families at every income level and businesses of every size.” The interesting aspect is that the headline reads: GOP: Cut taxes, change brackets; but what about deficits There is zero discussion about […]
The year 2017 will bring us a step closer to eliminating physical money through governments assault on the underground economy. I previously reported that Europe had moved forward to make payments electronically on an instant basis. The same system is being turned on next year in Australia. The entire reason the Founding Fathers of the United […]
QUESTION: Marty, It occurs to me that some of the most persuasive individuals of history (good or bad) have been so effective because they possessed a keen understanding of Human Nature allowing them to predict the response of their audience, and in turn, coerce them toward a desired action. The question I would like your thoughts […]
President Obama has made a desperate attempt to blame Russia for hacking the Democratic National Party (DNC) in an amazing partisan abuse of power. First of all, the DNC is a PRIVATE organization and NOT part of the government. I seriously doubt if it were the Republican Party that was hacked and Hillary won, Obama […]
With the exception of Japan most Asian markets were subdued in typical holiday style. It was the downgrade of Toshiba by both Moody’s and S+P that resulted in a 17% decline in its share price today and was blamed for the 1.2% decline in the Nikkei. In late US trading the Nikkei futures have fallen […]
QUESTION: As a small retail investor, what would Marty suggest to invest in if in fact we break the 23000 level on the DOW and we do in fact get the phase transition that he is talking about? Furthermore, what would he use to profit from it? Shares in particular stocks, futures contracts or options in […]
The entire problem with trade and jobs has been its focus on only the job and not the consumer. David Ricardo developed his principle that nations should pursue their own competitive advantages. In other words, just because I might want to be a brain surgeon does not mean that (1) I might be very good at […]
The irreversible error of the refugee crisis has resulted in the birth rate suddenly soaring in Germany for the first time in 33 years. The refugees are altering Germany in a dramatic way. In 2015, the number of births per woman rose from 1.4 children to 1.5 children. One in five newborns had a mother […]
