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World Events

BREXIT Wins — The Panic has Subsided as Reality Returns

  Exactly on our cyclical model, the UK voted to leave the EU (52% to 48%) in a historic referendum after 43 years (half 8.6). David Cameron has announced he...

EU Wants to Charge Social Security Taxes on Robots As If They Were People

Japan’s Toshiba 6502.T robot has taken on human form and visitors to the world’s biggest travel show in March were greeted by a lifelike robot. Under...

A Reader’s Comment on the Problems with Safe-Deposit Boxes

COMMENT: I am an attorney in Texas. We have been advising clients NOT to use safe deposit boxes for years. Examples are: We had a client involved in a multiparty...

Pensions Continue to Spiral Downward

There are 11 million workers in Britain who assumed they had great pensions. The British Steel Pension Scheme is proposing to break its pension promises to its...

Oklahoma Police Can Seize Your Entire Bank Account on a Traffic Stop Without Any Charges

    The one state that has gone complete anti-democratic is Oklahoma. It is wise not to travel in that state at all. Oklahoma should...

Now Available: The Brexit Report

On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This...

Upside-Down Statistics — What is Down, May Be Up

The Nonfarm Payrolls came in substantially lower than expected. The dollar dropped with gold rising, but the Dow did not crash on the open in the same percentage...

Hunt for Taxes: Safe-Deposit Boxes Under Attack

HSBC is altering its oversight of safe-deposit boxes in Hong Kong. Governments are targeting safe-deposit boxes to look for cash that is hiding from taxation....

G20 Blames Your Psychological Problems for their Failure

The G20 central bank and finance ministers met in Shanghai in April and cheered the rally in the markets after patting themselves on the back. They then issued...

Turkey Moving Close to Civil War

Kemal Kilicdaroglu, the Turkish opposition leader of the social democratic CHP, has sharply criticized the push by the Turkish government to remodel Turkey into...