When people heard for the first time that we had developed a Cycle of War that pinpointed the start of World War I and II, as well as the Vietnam War, among many others, many assumed it was hype. Our long-term clients know better: we never sell hype nor do we exaggerate things to sell anything. We […]

In the USA, they can revoke your passport if you owe the government $50,000 or more. Russia seems to be adopting a similar tactic. More than six million Russians could be deterred from their vacation plans this summer as they may be restrained for having unpaid private debt. Anyone who owes more than 10,000 rubles […]

We find the same situation in Greece that we saw in Scotland. The vote is divided by generation. The youth hate the Troika and want to leave Europe for they see no future. The elderly listen to radio all day long and will vote YES to preserve their pensions. The youth are forced to leave […]

The reading from our staff on the grounds in Athens seems to be 50/50 right now, but the NO vote appears to be more organized with booths and stalls setup everywhere. A NO vote is the ONLY way forward for Greece. What they must be mindful of is that Brussels will have its talons firmly embedded in the count. It is […]

The 4th of July was indeed a major event for it set in motion the rebellion against a corrupt form of government (then known as monarchy) which was dominated by unelected bureaucrats. The American Revolution set off a contagion that manifested in Europe with the French Revolution beginning on the July 14, 1789. The first inauguration of George […]

The obsession with austerity stems from Germany’s experience with hyperinflation. This is akin to the USA’s obsession with the deflation of the Great Depression. Both political groups and nations fail to understand the real causes of what they experienced so we end up with rising authoritarianism that will not end nicely. Austerity cannot continue when government continues […]

Crafting laws where you can check-in but never leave seems to be what’s good for Europe, and Russia has taken note. This is the problem with law. It can be reinterpreted constantly and twisted on the head-of-a-pin to mean whatever needs to accomplish at the moment. Now in Russia, the chief prosecutor’s office is examining […]

The Sovereign Debt Crisis began with Greece asking for help from the IMF to the day of pi from the peak in the ECM 2007.15. The EU then crushed Cyprus to see how they could get away with not paying people or honoring their debts. The Cyprus experiment was the start of the bail-in that is now […]

As you would expect ahead of July 4th weekend, volumes were a fraction of their norm – as if they were not poor enough! Asian equities were the early talk today and the possible investigation into the recent wild volatility of the Shanghai (SHCOMP) equity market – today closing down almost 6%. An interesting point of fact […]

Merkel is obsessed with the German hyperinflation (which leads to demands for austerity) and assumes that her personal promise that Greece will be made to pay back any bailout, shows that she places her personal career above the variability of Europe and her own nation. Her stubbornness concerning Greece is placing the entire world at […]