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International News

Farage on Europe at the Heritage Foundation

Nigel Farage may be the only practical politician these days because he came from the trading sector. He explains the Euro-Project and its failures. He makes it...

CalPERS Posts Gain of Just 2.4%

CalPERS (California Public Employees’ Retirement System) posted a profit of just 2.4% for its fiscal year (which ended on June 30) that was well below its...

Hillary Will Not Reform Banks

Hours after Hillary Clinton vowed to crackdown on Wall Street, by no means will she reverse what she and her husband did in repealing Glass-Steagall....

IMF Says Greek Debt Should be Foregiven

Even the IMF has come out now to warn that Greece may need a complete debt write-off. This is sending an economic earthquake through Europe, for it undermines the...

Is Tsipras an Idiot or a Fool?

The left-wing Syriza Party of Greece is starting to question what Prime Minister Alexis Tsipras is up to. Merkel is demanding austerity FIRST before any loans....

Middle East Turning Net Borrowers?

Further evidence that 2015.75 is really the peak in a Massive Debt Bubble: The Middle East has always been on a cash basis as their revenues from oil exempted them...

Goldman Sachs to Be Sued for Hiding Greek Losses to Get in Euro?

An interesting development is allegedly emerging. There maybe a lawsuit brought against Goldman Sachs for structuring products that hid the debt of Greece to enable...

The End of Freedom of Speech in Spain

Spain has shown that it is fully on board with the Brussels authoritarian direction of ending democracy. Those in power have simply convinced themselves that the...

Talks with Greece Collapse

The EU is simply self-destructive. There was no way to merge all these economies together without debt consolidation from the outset. The euro will collapse and...

Japan Turns to Robotic Suit HAL (hybrid assisted limb) as Work Force Ages

Japan has a real problem. Its population is just over 127 million and the new births are just 1 million annually. Japan is a country with one of the highest rates...