The rumor mill has been nonstop. The crushing blow to Europe will be the failure of Germany’s biggest bank: Deutsche Bank. Just about every circle is quietly discussing how the bank is facing bankruptcy. The rumors have flown since March when Deutsche Bank failed the U.S. regulatory stress test, which was followed by the resignation […]

Jeremy Corbyn, the new head of the British Labour Party, is really a Communist. He is not championing a minimum wage, but a MAXIMUM WAGE. He is advocating that no individual should be allowed to earn more than whatever he feels is appropriate. These people view one simple fact: whatever money you earn is not yours, […]

Alexis Tsipras hailed a victory for his left-wing Syriza party after winning a second general election in less than 9 months. However, the many Greeks I have met with say they expect nothing to change. Before the vote, I reported that the Greeks I spoke with said that they did not expect anything to change because the previous government […]

Whenever I warn of anything using the word “CRASH”, the newspapers immediately report it as a forecast for a crash in the stock market. This demonstrates that there is no consideration that government can also crash and burn — the perfect example of 100% confidence. Yes, if this week simply closes on the Dow below 16280, then […]

Thomas Jefferson to James Madison 6 Sept. 1789 Papers 15:392–97 I sit down to write to you without knowing by what occasion I shall send my letter. I do it because a subject comes into my head which I would wish to develope a little more than is practicable in the hurry of the moment of […]

The refugee crisis in Europe is going from bad to worse. Refugees are entering Europe from everywhere but are heading to Germany. Even here in Greece, the same flow of refugees heading to Germany is underway. On Friday, the Croatian border police put thousands of refugees in buses and trains and Hungary responded by arresting […]

The UN has launched its socialist agenda for the total loss of all economic freedom for the entire world by 2030. This is a highly dangerous agenda. The UN is an unelected entity that assumes it has the right to dictate to the world how everything should work. Of course, it is anti-freedom and assumes that cash should […]

In Asia, the Hang Seng could not climb out of the red all day and eventually closed down –— 0.75%. As always, the Shanghai had a volatile session, initially opening higher, but spent the balance of the day making headway to close at the day’s high of 3157 (+1.91%). The Nikkei was closed for Respect for the Aged Day. Nikkei futures […]

QUESTION: How can you refute all the evidence that there is global warming and climate change caused by man? ANSWER: First, you should not be reading this blog for you obviously believe in government propaganda no matter what the field has put out by the academic community. Global warming is on par with Marxism and […]

I am here in Parliament Square in Athens for the elections. I have been talking to a lot of people and it is really fascinating. When I ask, “Why are you voting for the same guy when he didn’t do what he was elected for?” the response is shocking, “Yeah — but nobody does what […]