I have warned that when the economic crisis hits, the tree has been cut. However, it can just as easily fall to the left as it can to the right. Do we end up with FREEDOM or SERVITUDE? During 1933, Hitler came to power in Germany, Roosevelt in the USA, and Mao in China. Those who focus closely on […]

A few questions have come in asking how can rates rise if central banks end up buying the bulk of government bonds at auctions like just took place in Germany with 50%+? Rates would rise in the private sector and this is the shift between public and private that is always unleashed. Like Japan, nobody […]

QUESTION: Sir, Thank you so much for sharing your insights via your website. I only recently discovered it and devour the writings daily. In the interest of full disclosure, I am not an economist nor do I pretend to be intelligent enough to portray any deep knowledge on the subject. I do however enjoy watching trends […]

QUESTION:  Martin   You have really added dimensions to my thinking. Thank you very much. One thing that continues to puzzle me is how empire’s die and inflation/deflation. I get the part about the deflationary aspects of killing the economy via regulation and taxation. It is right in front of us every day. I get […]

Banking has existed for a long time. The idea of debt dates back to the ancient world, as evidenced for example by ancient Mesopotamian clay tablets recording interest-bearing loans. Far too many people attribute our financial doom to fractional banking etc. They are actually taking the side of the bankers who want money to retain its […]

About 80% of Greek Sovereign Debt is held officially by governments already in the EU. The proportion of the US National Debt held by governments is about 25%. Forget the charts about the stock market crash of 1929. That went down to about 42 from 386 on the Dow. This is what REALLY made the […]

It is just amazing how we never learn. During the 1980s, I was dealing with Australians who were sold Swiss mortgages to interest. Boy – the losses I had to bailout. Well, history constantly repeats. Now Hundreds of people have protested in Romania against high repayments for Swiss franc loans, blaming the banks for offering […]

COMMENT: inspite of being on the other side of the political spectrum and opinion I value much of your work and thank you, I made a killing last night shorting the euro. the drama of the french journalists is pathetic as no one gave a rats ass when the 17 television journalists at RTS in […]

In 55BC, Cicero stood before the Senate of Rome and warned of its demise because of a trade deficit importing spices and silk from China. He spoke of the “arrogance of officialdom” and the more I studied the going ons throughout history, the more it hit me – history repeats because the passions of man […]

  With the intentional policy to lower the value of the Euro to try to stimulate the European economy, the dollar will rise as we have been warning and we may see this reach all time record highs. This will then turn the US economy down after 2015.75 and you can see, smell, and taste […]