The European Union is preparing the legal basis to take over London’s extensive trading business with euro derivatives. This is just another complete failure of bureaucrats to comprehend market function. Perhaps they should also outlaw euro trading in the USA and Asia. That would be real smart. Then they can all sit down and play […]
It’s looking like a hung Parliament and the polls got it wrong again in Britain. The Conservatives appear to be 12 seats short of the 326 to rule with a majority vote after a 20 point lead back in April. Theresa May is facing a serious backlash over her shocking election campaign gamble following an exit […]
The only way to protect Poland from Islamic terror attacks is to not allow Muslims to migrate en masse, which is now the view of 71% of the people. This is becoming the major issue in Poland and is at its core dispute with Brussels. When it comes to reducing the chances of Poland being hit […]
Those who think that the election of Emmanuel Macron to the Presidency of France is the savior of the Euro probably believe that politicians are really there for the people rather than themselves. Macron’s idea of federalizing Europe some call the “transfer-union” is politically never going to happen. The EU is being torn apart at […]
The Swedish government has declared that they will begin drafting those born in 1999 for military service. This reintroduction of military conscription is being blamed on Russia’s invasion of Eastern Ukraine. In fact, it also has a lot to do with the Refugee Crisis. The draft will being as of January 1st, 2018. Sweden had military conscription […]
QUESTION: Mr. Armstrong, when you were here in Barcelona, you said that Catalonia would vote to separate from Spain. Most thought you would be wrong. I myself confess I was not sure you would be right. Well you were right, or your amazing computer was correct, and the fever to separate only grows bolder. Do […]
QUESTION: Martin; it seems the Emerging Markets are back in favor just as interest rates are on the rise and their dollar borrowings have exploded. Is this the final bubble that is unfolding? When the WSJ writes about a trend it is usually the end. They are noting that significant flows of funds are now […]
In the Netherlands, the Forum For Democracy leader Thierry Baudet confronted Mario Draghi of the ECB asking that since he had said anyone leaving must pay the ECB and exit fee of whatever they owe, he said the Netherlands had €100bn surplus at the ECB they should get back is. Mario Draghi stated bluntly, NO! […]
Emmanuel Macron has shown just how inexperienced he is when it comes to international trade. Both Berlin and Brussels have rejected Macron’s central platform in his election campaign that all government purchases should be made from exclusively European companies. They realize that while Le Pen cheered “France First”, Macron called that nationalist, he proposed European […]
Macron won about 65% to Le Pen 35%. Even Obama came out in support of Macron which obviously confirms Macron is the supporter of the establishment – not change. The bias of the global press is clear in their labels. They label Emmanuel Macron as the “independent centrist” and Marine Le Pen as the “far-right” as […]
