Lawyers outside the USA handling Americans who live outside the country, amounting to 33% of the population of Canada, are reporting massive lines to resign their citizenship. One Swiss married to an American woman for 20 years, took their son to the local bank at age 14 to open his first account. They rejected him […]

List of modern Sovereign Debt Defaults or Debt Restructuring The following list includes actual sovereign defaults and debt restructuring of independent countries from 1800 till 2012 Africa Algeria (1991) Angola (1976, 1985, 1992-2002) Cameroon (2004) Central African Republic (1981, 1983) Congo (Kinshasa) (1979) Côte d’Ivoire (1983, 2000) Gabon (1999–2005) Ghana (1979, 1982) Liberia (1989–2006) Madagascar […]

If you ever wondered why the Dow Jones has rallied when all these domestic forecasters predict the collapse of the dollar and the Dow, the simple truth is they are so biased and married to this scenario of 1929 that they cannot see the nose in front of their face. They fail to grasp that […]

We will be holding a 2 day World Economic Conference March 18th & 19th in Princeton, NJ, following the Sovereign Debt Crisis Conference in Philadelphia on March 16th. This event will be held at the Princeton, Nassau Inn. This is directly in the center of town right across the street from the University. The cocktail […]

The tensions are rising around the globe and they are centered on government corruption and complete failure. This is the price of Marxism. Governments have been promising so much to so many for so long, that as this generation of once hippies comes to retirement, they are getting the short end of the stick. One […]

In research, 99% of all mistakes are caused by ASSUMING something from the outset. The ONLY way to conduct research is to follow the breadcrumbs. Whatever you may have thought would be the outcome, is typically wrong. This is why I created a computer model to do research on its own without any predetermine rules. It […]

Comments have already poured in regarding hyperinflation. A new report on Japan the Tipping Point will deal with the worse fiat monetary system in history. That should be ready shortly. Everything follows a bell curve. Some regulation is necessary to establish rules of conduct to provide the reason to come together to form society. But […]

The failure to raise the debt ceiling would not be negative regarding the creditworthiness of the US. It would signal that politics is becoming so intractable that a deadlock on the political front is reflecting the inability to confront any real debt issues. Policymaking has become insane with critical bills being stuffed with things nobody […]

I really do not understand why people insist that HYPERINFLATION must take place. That ASSUMES government will print to meet its unfunded obligations rather than just change laws and fail to meet promises. They are cutting entitlements already. Yes Rome debased its currency to the point that its worth was 1/50th of its former value. […]

After decades of self-imposed pacifism and dependence upon the United States, Japan is beginning to carve out a new role in regional maritime affairs. Newly elected Japanese Prime Minister Shinzo Abe has launched a charm offensive across the Pacific, with Australia, India, Indonesia, the Philippines and Vietnam among the countries Tokyo is bidding to align […]