Both conferences will include special reports on the share markets and precious metals, as well as the bond markets. Because European VAT Tax is applied to everything including education, typically the ticket would be plus VAT of 19%. Since we have to pay VAT per head to the hotel, which is deductible from the VAT […]

The Australian government is extremely left wing, even among the Conservatives. Nevertheless, the Australian budget for 2015 has been leaking out little by little and the reaction to taxing savings was not well received publicly or behind the curtain. This time the Australian banks rose up and warned they would lose all standing in world commerce. The proposal to […]

Last night in Munich, lawyers in the audience debated when and if the collapse in the U.S. Justice System could happen in Germany. What the film is exposing is very important from a legal perspective. New York is starting to come under pressure because of the film, and I bet that there will be an […]

The reception in Europe has been stunning. In Dresden, I was even handed flowers. The Q&A went for more than 2 hours after watching the film. The interesting aspect is how outside the United States the people are much more aware that there is a huge problem. They tend to not grasp that the debt […]

David Cameron won a surprise victory for the Conservatives. This has now reaffirmed further uncertainty since Cameron promises, if he lives up to his word, a referendum on whether Britain should exit the European Union. Additionally,  and renewed pressure from Scottish nationalists who want to leave the 300-year-old United Kingdom. This feeds into what the […]

The problem with Europe is rather simple. It is run by lawyers who have no clue about how the economy functions. They believe they need only write a law an shazam – the economy will do whatever they command. Once the Bunds broken through the 15620 level, the crash began to move down rapidly to […]

To my surprise, posters are appearing for THE FORECASTER on the streets around cities across Germany. The film will open in Berlin shortly. The significance of this film has been (1) illustrating that there is a business cycle and (2) that there has been something more than just isolated market manipulations. The implications for the mere […]

COMMENT: Hi Martin, Fantastic data and research (as always).  I was kind of surprised (never made the connection) by one of the images you posted. Your image shows the Eurozone peaking in 2004.53.  There are a few circular events that also occurred around that time. Greece was about to host the Olympics for the first […]

The fascinating aspect is the stark difference between the American and European press. The American press, in general, are too engaged in self-censorship to report the truth to the people. At least in Germany, they are willing to discuss hard issues. The Interview

People from more than 44 countries have been watching the VOD screening of “The Forecaster”. To show the film, the producers had to get permission from the distributors, because rights were sold to theaters and TV. The film is blocked in many countries in Europe right now, but the distributors have agreed to allow the […]