Canada is giving up “accidental Americans” who have one American parent and that means the U.S. IRS wants to hit them with back taxes like an economic slave, even though they never lived in the USA nor have they consumed anything for which they should contribute their “fair share”. Taxes are simply owed to government to […]

I was asked an interesting question: “Do you believe in God?” I think most people believe in some form of a higher being and the exact form will differ around the world. Whatever the religion, there is a common theme – do unto others as you would have them do to you. Even back in Ancient […]

In Australia, we are seeing signs of political unrest. Australian Prime Minister Tony Abbott has been a complete disaster. It is really a wonder how these people are elected and what goes through their minds. Abbott appears stunned by the swift pace of the challenge to his leadership. His collapse in the polls warned that he […]

The Schengen Agreement was to be the cornerstone of the entire euro proposition. We just warned that this freedom of movement would begin to come under pressure with this turning point:“As the economy turns down very hard after 2015.75, we are more likely than not going to see the freedom of movement in Europe fragment and that […]

In Paris, one of the top schools selected three students to appear of French TV with me to talk about the future. The pressing question was clear: what can they do to change things? In France, banking is taught from a limited perspective of simply a commercial banking operation. They do not explain the role of […]

Asian equities traded on the heavy side today (Nikkei -1.63% and Shanghai -2.67%), and so followed Europe. However, the U.S. market appeared most nervous of all world indices, even though they ended the day only down -0.4%. Obviously, the Fed’s decision is the main topic of conversation with Retail Sales tomorrow only gaining a mention, but these were reasons given for the tightest trading range seen in […]

I understand that Larry Summers and the IMF, among others, are advising the Fed not to raise rates. They are expecting the Fed to sacrifice domestic policy objectives for international objectives where so many have borrowed in dollars to save interest. This is the real clash between domestic vs. international and the consequence of the […]

  It is very interesting to see that we have a lot of things emerging for our turning point on September 30/October 1 (2015.75). This is the day the funding of the Federal government stops and many are speculating that the government will shut its doors thanks to the conservatives in the Republican Party. Given […]

  QUESTION: Martin, Can you go into more detail about the time frame for global cooling, and its ramifications, what to do to prepare oneself etc… Obviously this is going to affect everyone, everywhere. craig ANSWER: According to our models, this downturn should be greater than the last one in the 1700s. Volatility rises, so the swings […]

Jeremy Corbyn, the infamous Karl Marx admirer, has been elected UK opposition Labour Party leader. Corbyn is really a communist who professes an admiration for Karl Marx. He is the new face of Britain’s opposition Labour Party, which will help to make a British EU exit more likely. The Marxist sophistry is to rob anyone who has more. They never […]