The current trend in Europe towards negative interest rates amounts to taxing whatever cash you have left after paying 50% in taxes. The bond auctions are starting to show signs that people will wake up and see what is going on. The incredible fact is that now, about 30% of all government debt in Europe […]

The collapse in the rule of law is so vital for sustaining the economy that it is often overlooked. The issue of “Clinton Cash”, combined with the FBI’s new scandal of outright murdering people using false evidence, is indicative of how empires, nations, and city-states die. Hillary knows that no matter what she does, she […]

The Berlin 2015 European World Economic Conference (WEC) will cover the world. When we say it will cover Europe, we are talking about the continent, not just the EU. So yes, that includes Switzerland, Eastern Europe, as well as Russia. The WEC will only be held in Princeton and Berlin this year. This should prove […]

Exchange at Amsterdam Some people have difficulty rationalizing selling something they do not yet have. Of course, nobody complains when they buy contracts in the future’s market, but have no intent of actually taking delivery. This entire line of thinking has been so distorted, particularly by those who claim “paper gold” has suppressed the price […]

I am updating now from Europe. I will be in Europe for nearly two months for a lot of meetings. They would also like me to debate a few economists in a discussion on stage. That should be interesting. Those interested in watching the German TV Show that appeared nationally on Friday can watch it […]

We are no longer taking reservations at this time for the 2015 Princeton World Economic Conference in New Jersey. We have exceeded 500-person capacity. However, some portion we expect will switch to the European World Economic Conference to be held November 28th/29th in Berlin. When we know how many seats we have left in the United States, we will […]

The Greece crisis started precisely on the turning point for the Sovereign Debt Crisis to the day from our original projection in 1985. It was just amazing to watch things unfold with such precision. Now, as we approach October 1st, 2015 (2015.75), one must wonder how fast are governments going to act. Greece has said […]

The “War on Cash” is heating up. Louisiana has outlawed paying cash for second hand goods, under the pretense that criminals sell stolen goods for cash. France outlawed paying more than €1000 for anything, and you cannot get more than €200 from an ATM. JP Morgan Chase is outlawing storing cash in a safety deposit box. Most […]

1904 View of Standard Oil During the Progressive Era around 1910, the Marxist view of the world was all about the massive wealth of the very rich like Rockefeller. Standard Oil would always rule the world. How could that possibly change? They argued this was undermining economic opportunity for others. The government championed the progressive […]

While people argue over fractal banking and derivatives, the dark clouds on the horizon are approaching from an entirely different direction. A virtual secret meeting took place in Washington with the IMF (International Monetary Fund) and World Bank present over the weekend. The mainstream media reported that they only spoke about Greece, but behind the […]