After the warnings of the IMF for France, the IMF has also now expressed concern about the outlook for Germany and its banks. People in the states who keep yelling the dollar will crash are simply clueless. They know nothing about what is going on around the world and have blinders on leading a bunch […]

The model in Cyprus of limiting cash withdrawals from banks is being adopted in the EU for the entire system. The European idea of socialism is the sustainability of the government – not the survival of the people. Europe continues to destroy its economic future by undermining public confidence in their entire financial system, http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdeutsche-wirtschafts-nachrichten.de%2F2013%2F08%2F07%2Fneue-eu-regel-sparer-muessen-um-guthaben-unter-100-000-euro-bangen%2F

I have warned many times that the greatest problem we face is the attempt to always reduced the event to being caused by a single fundamental as if for that instant everyone became democrat or republican. Even the criminal prosecution of  Raji Rajaratnam on insider trading is bogus for the same reason. The assumption is a single […]

If you talk about being brain-dead, President Barack Obama’s cancellation of a planned meeting in Moscow with Russia’s President Vladimir Putin is rekindling the cold war with a diplomatic snub that follows tensions over NSA leaker Edward Snowden. This absolutely stupid move.now guarantees that Snowden will remain in Russia. Why? Because Putin can not now be seen […]

Obama – End FANNIE & FREDDIE! President Obama after almost 5 years FOLLOWING the taxpayers bailout of the mortgage giants Fannie Mae and Freddie Mac, said on Tuesday that it’s time to end government bailouts for the mortgage industry and for private investors to take a bigger role in the mortgage market. That is kind of […]

Putin is increasing Russia’s Presence around the globe. Russian ships return to Cuba for the first time in decades. http://www.presstv.ir/detail/2013/08/05/317329/russia-warships-dock-in-cuban-port/

It maybe corny, but it is true. Confidence is not about merely being outwardly proud, it is all about believing in your own ability. The same is true with regard to the economy. Even Keynes realized it is WHAT you believe that counts, not even if it is actually true. Indeed, a false GOOD rumor […]

The Dow Jones has been crawling higher but it has been unable to get through the key resistance at 16000. The oscillators are now starting to get tired on a daily level. A daily closing back below 15390 will shift the market into a declining position. We need a weekly closing below 14805 to suggest […]

Obama effectively has outright lied to the world and the American people. He said the NSA posed no risk because it was overseen by Congress. What has emerged now is that is simply not true. This is a hunt for money on a grand scale. If this statement is wrong, then simply pass an act […]

QUESTION: If 2014 is a war year how can confidence in economy continue till 2015? ANSWER: This cycle is the beginning of unrest. We expect this to begin manifesting in terms of civil unrest – not a worldwide war. That could come later as things develop. However, the civil unrest is most likely to begin […]