Greece’s former representative to the IMF, Panagiotis Roumeliotis, testified in front of the special parliamentary committee concerning the outstanding Greek debt. He revealed that the IMF has been training journalists to support the Troika.  Roumeliotis testified: “The IMF trained [journalists so that] Greek journalists can promote the positions of the IMF and the European Commission in Greek media.”

The summit held Monday of the new superheroes, known as the Euro-Rescuers, are lost in the canyons of their own minds for they do not comprehend how the economy functions in the least. They just cannot see the problem for they lack a mirror and will never question themselves as a problem. Consequently, the same line of thinking […]

The whole idea of a one world government that began in Europe with the Treaty of Rome was based upon the idea inside Europe that a single government would end war. They never considered that there are two sides to that coin ­– international war and internal war – that we call revolution. As Thomas […]

This is socialism collapsing. Hundreds of thousands of people have joined together to protest anti-austerity. So many people attended that the police refuse to number the crowd fearing it was just too many. We are at a crossroads. We have people who live in their little bubbles like Rogoff and Buiter who tell government they need […]

COMMENT: Hey Marty, Hope you are well. The Spanish police are crazy – they now stop all cars (including taxis) at night on the road out of town to make sure people are not drunk.. good idea you might say, but they are actually checking the passengers and ‘fining’ them if they have had one […]

QUESTION: I can follow the reasoning for some of the capital flows into the U.S. now and a bit longer. But eventually much of this capital is going to leave the U.S. correct? Besides some off the grid investing, is China and Asia looking like the most promising economies to attract the future change in […]

QUESTION: Martin, Just one question – How do you understand things so well? I understand people who have lived in the real world – been there, done that! sorts, but to be able to have a worthwhile opinion on almost everything under the sun is something pretty unbelievable. WHO ARE YOU? Thanks for all the […]

QUESTION: Noting the 86 year Sov Debt cycle referred to in the Greek 2017 post,what about the 86 years from the Dow high in 1929? Since it arrives in 2015.75 and is 10k times Pi or 10 times the 8.6 year cycle it ‘sounds’ significant.Given the phase transition yet to come might it mark a […]

OK. Are you ready for this one? The Telegraph is reporting that a driver in Spain was given a ticket and fined €80 for biting his nail while driving. The offense: “not maintaining the correct freedom of movement.” Well, technically speaking, you are supposed to have two hands on the wheel. If you have just one on […]

COMMENT: Well it looks like Putin is doing more than reviewing your film to approve its release in Russia. He is reading your  blog. His speech today is offering tax free status for corporations exactly for your 4 year period into 2020. He only talks about the Silk Road joining with China. BW REPLY: Yes, […]