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Market Talk – April 11, 2019

Asia: The World Bank president stated today that there is too much debt in the world, and finger pointing has turned toward China for lending trillions of dollars to other countries. This of course does not factor in that much of its holding debt is issued from mature countries, such as the U.S. In the […]

Democrats Pushing Us to War?

COMMENT: Dear Mr. Armstrong, Thank you for bringing attention to the geopolitical consequences of the Russia Hoax in your china-backing-russia-in-venezuela posting. I am a former engineer working on a military fiction novel involving China. While researching my book I saw troubling signs the Russian and Chinese governments reacting to this nonsense. Instead of driving a wedge […]

Market Talk – April 10, 2019

Asia: The EU has pledged to improve trade relationships with China, as well as improving the climate for foreign investors in the mainland. The signed declaration allowed for broader and non-discriminatory market access to the Chinese economy. Also mentioned was IP rights, which was an issue with the U.S.-China trade deal. Lastly, efforts were made […]

The Marijuana Tax – How Did it Become Illegal & Why?

  Marijuana has been prejudiced over the years by people who have never understood the risks and because there was concern that marijuana might compete with the paper industry. There was a campaign waged against marijuana that was born out of an anti-immigration movement against Mexicans. The Mexican Revolution began in 1910 and ran into about 1920. […]

Market Talk – April 8, 2019

Asia: Despite the global sanctions imposed on North Korea, China continues to work towards its own benefit. It was revealed that China has opened yet another border crossing for North Korea via a bridge over the Yalu River. Both countries are in negotiations with the United States in the meantime. China and Russia have been […]

Austria Moves to Tax Online Companies

The EU has been unable to agree on taxing the internet. As a result, Austria went ahead and passed its own digital tax this week on revenues earned by online companies in their country. The entire problem with this type of taxation is the burden of accounting. This means that the online world will be […]

Erdogan Demands Recounts

Turkish President Recep Tayyip Erdogan and his Justice and Development Party (AKP) have demanded recounts in 39 districts that they lost and have prevailed on eight. There has been great concern that Erdogan’s AKP will not accept defeat at the hand of any vote. Many fear there is an undercurrent of tyranny rising behind the […]

German Economy Turning Down Hard into 2020

The German economy is what holds up Europe. The data on the industrial sector in Germany is out and it has disappointed everyone once again with production dropping 0.8% month-on-month in January 2019. January’s contraction was driven by a steep drop in capital goods output and a fall in intermediate goods production. However, consumer goods […]

Market Talk – April 5, 2019

Asia: Chinese Vice President Liu backed by his delegation stated that a new consensus has been reached after yesterday’s meeting with President Trump. The two countries are still working toward a deal, but it appears as if progress has been made. Japanese bank Nomura stated that they will reduce the point of sales by at […]

Most British Now Just Want to Leave with NO DEAL – Get out while they can the polls show

Perhaps there is some new plague that only affects politicians on a global scale. It seems no matter what country we look at, it is simply going completely insane politically. Americans rarely understand Parliamentary politics in London for it is not unusual for Trump to meet with the Democrats, Chuck and Nancy, in the White […]