QUESTION: Marty; Is the ruling that Apple has to pay 13 billion euros only going to drive American and foreign companies out of the EU? Thank you so much for this global perspective SK ANSWER: Absolutely. This is not saying that Apple cheated Ireland, this is saying that Ireland gave Apple a low tax status to […]

The International Monetary Fund (IMF) has warned at the G20 summit in Hangzhou, China, that in the face of crises, the refusal to reform how things are functioning will lead to economic weakness in the global economy. “The latest data show subdued activity, less growth in trade and a very low inflation, suggesting an even […]

Thailand is looking to issue SIM cards to all tourists to protect national security. They say they will be able to respond to tourists in trouble, but they are really looking to track everyone because of the rising threat of Islamic extremism. Domestically, you are already being tracked. Google wants to “verify” who you are by using your […]

Tim Cook, the head of Apple, said that the company may send billions of dollars back to the US next year in 2017 in response to the EU Commission retroactively changing tax deals. Apple struck a deal with Ireland and agreed to locate there for taxes. Now the EU Commission is saying individual member states may not […]

The roads in Illinois are in decay. This may be the first state to go bankrupt. The question is not if, but when. State unions are so greedy that they are destroying the very state. This is exactly how Rome fell — government employees against the people. Seven states have constitutional provisions that state employee […]

The very core tenet of Marxism and its two versions called socialism and communism is to actually replace the family structure. In Russian communism, Stalin was paranoid about any possible resistance. Children were taught that the state was their parent instead of their biological parents, and if those creatures spoke anything against the state then […]

I have warned that when I am traveling these days, the question always posed is – “How much cash do you have?” Even traveling to Warsaw, there are big signs saying you may not have more than €10,000 in “value” on your person. In Italy, if it looks like you have a lot of jewelry, they […]

Believe it or not, someone can work hard to get into the Olympics and if they win the gold or silver medals, the Internal Revenue Service (IRS) is there waiting for their cut. Yes, American Olympians must pay taxes on the value of the medal. They also need to pay taxes on their prize money. […]

QUESTION: Hi martin I see all kind of speculation about what will be the price of gold in the coming years. I wonder if it makes any sense such debate as long as socrates is foreseing a monetary reform maybe in 2018. What will be the real value of the currency after that? Any thoughts on […]

The financial services industry is undergoing its greatest upheaval perhaps in more than 35 years because the government came up with a brilliant new idea to pretend there is a crisis that they need to step in to save you. I have warned that there has been talk about taking over 401K funds which are […]