The IMF and German policies as well as those of Obama are absolutely brain dead. These arrogant people are LAWYERS who are clueless when it comes to economics. The IMF had acknowledged on Wednesday that it underestimated the damage done to Greece’s economy from spending cuts and tax hikes imposed in a bailout. These people do […]

The Washington Post has uncovered yet more NSA surveillance. They are tapping directly into the internet and monitoring what everyone is doing all the time. They are extracting whatever they want, according to the document obtained by the Washington Post: “Collection directly from the servers of these U.S. Service Providers: Microsoft, Yahoo, Google, Facebook, PalTalk, […]

QUESTION: I don’t understand the page 11 comments about German Hyperinflation and that it took place because capital was being hoarded and there was no lending????? Can you clarify how price hyperinflation occurs if no one is spending or lending. RESPONSE:  Because people were hoarding real money so there was none to be deposited in banks […]

Ok! Here is our solution. We throw a time cloak over top of government and they just vanish. That is practical use of this new invention. http://www.bbc.co.uk/news/science-environment-22780651  

NSA is collecting ALL phone calls from Verizon under court order. http://www.foxnews.com/politics/2013/06/06/nsa-collecting-phone-records-for-millions-verizon-customers-report-says/ These people are just out of control. They are collecting everything possible. Why do they have to know everything about everyone? Are they the ultimate Paranoid Nut Jobs who can’t sleep at night worrying someone may say something on a phone they do […]

Unemployment among the youth in the USA has hit 16.2%, more than double the April national rate of 7.5% for adults over 35. We are in the last throes of the dying idea of Socialism and this is never more illustrated than by the age divide when it comes to employment. Young kids in the USA […]

We elected the third minor Daily Bearish Reversal today confirming that the target week of 05/20 should be a temporary high short-term. Gold did not elect any minor Daily Bullish Reversals against still warning that the rally thus far is a dead cat-bounce. We need a daily closing ABOVE 1448.50 on spot to firm up […]

Even the IMF has now revised its forecast for German economic growth down sharply. We have been warning that 2013 Europe will turn NEGATIVE on the GDP growth as a whole. The IMF now sees major risks that the German economy is not recovering and that Germany should abandon austerity. http://deutsche-wirtschafts-nachrichten.de/2013/06/04/iwf-fordert-von-deutschland-aufgabe-des-sparkurses/ Meanwhile, now the UN […]

Germany has now issued a travel warning to its citizens regarding any travel to Turkey. Turkey is a NATO country. Things are starting to get much worse as people are honestly getting fed up with taxes and corruption. This is a global trend – do pay attention. http://deutsche-wirtschafts-nachrichten.de/2013/06/05/kampf-der-kulturen-die-schlacht-um-die-zukunft-der-tuerkei/ http://deutsche-wirtschafts-nachrichten.de/2013/06/04/gewalt-in-istanbul-und-ankara-deutschland-spricht-reisewarnung-fuer-tuerkei-aus/ http://deutsche-wirtschafts-nachrichten.de/2013/06/04/tuerkische-regierung-will-mit-demonstranten-sprechen/  

The Russian government plans to follow the USA collecting extensive data on all foreign airline passengers in the future. The scheme applies to all airlines which fly to Russia or even fly over that land mass.  http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&eotf=1&u=http://deutsche-wirtschafts-nachrichten.de/2013/06/04/russland-verlangt-fluggast-daten-von-internationalen-fluglinien/