See Also the Cyprus Proposal Presented to that Government   What we face is the final days of Marxist-Keynesianism that justified centralized government planning of the political-economy. China and Russia both began their collapse in 1989 as the first leg of Marxism collapsed – outright Communism. The fundamental flaw of this entire theory is that government […]

Here is our 1996 forecast for long-term interest rates that we put out with the dollar low in 1995. We warned that interest rates would bottom on the Pi Cycle 31.4 Years from the 1981 high. That would be followed by a very sharp rally in rates into 2015.75. This was all part of the […]

QUESTION: “So Deutsche Bank is bankrupt and US investment and commercial banks are at big risk from rising yields, but all the stock prices are still going up because people will trust owning Goldman or Barclays stocks over owning government bonds???” ANSWER: I seriously doubt that bank stocks will do well. During the Sovereign Debt […]

The rise in interest rates will have a major impact upon commercial and investment banks. Believe it or not, their models are incapable of forecasting major changes in trend. They are far too short-term oriented and are created by quants with no real historical debt. That was the subject of When Genius Failed: The Rise and […]

When Diocletian (284-305AD) came to power after the Great Monetary Collapse of the 3rd Century, he sought to restore the economy even reintroducing silver coins. However, to accomplish that he imposed aggressive taxation and invented passports since you could not travel leaving your town unless you paid your taxes. This is exactly what is in […]

The question of TIME has puzzled humanity for millennia. What is it? Does it flow like a river or is it a simple dimension that can be transversed even traveling back to observe the past? Aristotle was one of the first to ponder what is TIME. His account of TIME in Physics IV.10-14, is where […]

Legislation that would have ended the Swiss banking laws and handed everything to the USA was defeated in a recent vote. The secrecy laws was put in place in 1934 to protect the Jews and Germans from Hitler who attempted the same thing making it criminal for a German to have an offshore account. The […]

http://www.icij.org/blog/2013/04/release-offshore-records-draws-worldwide-response These Journalists are basically communists. Their view of “integrity” that everyone should pay their taxes rather than looking at the corruption in government that is causing widespread rise in taxes that is fueling the economic decline and rising unemployment is just astonishing. Britain is now moving to shut down all offshore tax havens. In […]

QUESTION: The economist Robert Wiedemer, author of the New York Times best-selling book Aftershock, has forecasted that unemployment will rise to 50%, the stock market will crash by 90%, and the annual inflation will hit 100% starting in 2013. What is your view on this scenario? ANSWER: Gibberish. Pure insanity. This is the same thing as […]

The freedom to travel in the European Union that was to be the cornerstone of the whole issue behind the Euro is now being shut-down. The EU Member States are now allowed to reintroduce border controls at will. This is all the result of what I have reported that apartments in Germany were almost all sold out […]