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May 31, 2013
John Maynard Keynes 1883-1946 John Maynard Keynes was a British economist who revolutionized economic thought, which is widely known as “Keynesianism.” The son of a Cambridge don, Keynes was educated at Eton and Cambridge, where his degree was in mathematics. John Maynard Keynes was educated at King’s College, Cambridge, from 1902–1906 and DID NOT have a […]
May 31, 2013
The Long-Term Capital Management (LTCM) collapse in 1998 has been often referred to as When Genius Failed. The collapse of LTCM was instigated by the collapse of Russia. Everyone and their 5th ex-wife was long Russian bonds as bribes were paid to people in the IMF to ensure the loans would keep flowing to Russia […]
May 31, 2013
The Eu is like a guy in drag. All dressed up as a woman, but when you look under the dress you get more than a surprise in a Crackerjack Box. On the one hand they created a single currency, laws that allowed freedom of movement, and the right to receive social benefits from all […]
May 31, 2013
Understanding that everything in nature moves in a cyclical manner is vital to comprehending the world around us. This is how energy moves. The waves in the ocean give the impression the water is moving when in fact if you throw a bottle that floats into the water you will notice that the bottle rises […]
May 30, 2013
Before the Iron Age, Iron has been found in both the West and the East treated as a precious object that was more valuable than gold. Recently, the debate over whether these rare objects were meteorites has been settled. They are indeed meteorites that fell from the havens and thus were regarded as gifts from […]
May 30, 2013
I have stated numerous times that a central bank is essential. Banks take depositor;s money on demand but lend long-term. When a crisis hits, depositors want their cash and the banks has assets no cash. This is why the Fed was created with an ELASTIC money supply authority. It was to create excess cash to […]
May 30, 2013
New York and the corruption of the courts and government that has made the bankers the new “Untouchables” has taken its toll. The actual financial capital is London despite the fact that the British economy is still headed lower. The hedge funds are buying up Mayfair in London. There is a Global Financial Centres Index where […]
May 30, 2013
QUESTION: My daughter in school discussed your case as a denial of due process of law. Your case is really famous in legal circles. ANSWER: I get that many times. Even my cousin’s son in South Carolina experienced the same thing. When he told the teacher I was his cousin, she couldn’t believe it. To […]
May 29, 2013
One Reader Writes: Yes Europe in their summer, for those that actually work(ed) in European institutions, the upper management — (parasites – say it the way it is), will take ALL of August off as vacation time (can you imagine 4 weeks!!!!!!!!!!!!!!…I mean WHO in the US gets the luxury of 4 weeks vacation???). AND […]
May 29, 2013
The EU is allowing the Austerity measures to subside realizing at last that they are creating major civil unrest. They are backing off and expanding debt to try to prevent a collapse in the civil structure of Europe. Pay attention to Europe this summer. This is why Homeland Security in USA bought 2715 tanks. 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/2013/05/29/eu-in-panik-angst-vor-sozialen-und-politischen-unruhen/