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Almost 50% Increase in Americans Renouncing Citizenship Because FATCA

There was nearly a 50% jump in the number of Americans rushing to renounce their citizenship. It is more than just not paying taxes, the FATCA rules are so outrageous, Americans have been thrown out of everywhere from Asia to Europe. Plain and simple, FATCA is destroying the American capability to deal internationally. People who […]

The Growing Concern of Home-Grown Terrorits

They are saying that the attack in Canada was because it was supporting the USA is sending troops to fight against ISIS. Canada did pass a bill to launch combat mission against ISIS 157-134 in House of Commons. The European powers are very much afraid to do so because of domestic high Muslim populations. What took place in […]

The Muslim Radical Fear Hitting Western Governments after Canada

The attack inside the Canadian Parliament by a radicalized Muslim born in Montreal has sent shivers down the spin of Western governments in Europe and America based on inside sources. According to Royal Canadian Mounted Police (RCMP), the gunman had recently applied for a passport, planning to travel to Syria to join ISIS. He was Michael […]

The Dow October 22, 2014 & Bond Bubble

  The resistance in the Dow Jones Industrial Index for today stands in the mid 16700 zone on a technical basis. Targets in time for this week were Wed and Friday with the latter being the main target. ONLY a closing back above 17010 would signal that the low is in place for a broader term. […]

Awaiting ECB Stress Test – Good One

This coming Sunday will see the results of the ECB’s stress tests. Eagerly awaited by some, feared by others. Well it appears the only reason there was support for the European peripheral bond markets over the weekend was the fact that they were closed! From the opening this morning the trading theme was, “risk-off”. The talk […]

Arthur Burn’s Advice During Recession ’75 – Cut Deficit & Taxes

Arthur Burn’s testified before Congress on the economic crisis – the first to unfold in the new Floating Exchange Rate system that began in 1971. Keynesian Economics as practiced by government was dead anf taxes had risen to outrageous;y the 90% level until the first tax cut by Kennedy. Burns delivered his recommendation during the […]

Replacing the Dollar

  The conspiracy crowd keep swearing the dollar has to collapse and remain clueless that the world is in serious trouble. The impact of debt is far worse outside the USA than inside yet their myopic vision blinds them to the truth. Taxes are so high in Europe and this renders it is impossible to […]

The Bond Rally & Bubble

  A lot of people have been writing about Bill Gross leaving PIMCO and connecting that with us and our forecast that there is a coming bond collapse. I cannot comment on any client or who is a reader or not. Unlike the NSA, I believe in privacy. That aside, there has been talk of […]

Comments from Canada on Abuse of Taxes

COMMENT: Hi Martin, on the recent post about out of control government I can attest to at least 3 cases in the last 6 months. I work for a large coop FI and deal with people from all walks of life. Recently I had: 1) client was refused a permit after 4 months of applying for […]

The New Underground Economy in Germany

A very interesting stage in the economic meltdown since 2007 is unfold quietly beneath the headlines. In Germany, the tax burden on the average person has exceeded 50%. The people may be powerless against the politicians so there is a new form of barter emerging that still uses money, but avoid taxes. How? After outrageous […]