Klaus Schwab does not understand human nature or how the world economy functions. He preaches Stakeholder Economics which failed and was instituted during the Depression BECAUSE there were no government programs. The theory then was that companies should contribute to saving society. It failed because there was no coordination, for every company was […]

COMMENT: Marty; I really do not think people give you enough credit whilst they all pretend to claim they called it correctly just a couple of months ago. I was at your 2011 WEC in Philadelphia. A friend bought the ticket and dragged me there. I have to say, aside from your prediction that war […]

ASIA: Singapore’s sovereign wealth fund GIC reported steady returns for the year but warned of “deep uncertainties” as investors face concerns over inflation, pandemic risks and geopolitical challenges. The fund’s portfolio posted an annualized nominal dollar return of 7% over the 20-year period ending March 31, 2022, GIC said in its annual report released on […]

When the Allies crossed the border to invade Germany as WWII came to an end, the German population hung white sheets from the windows to signify their surrender. Just a few years before, the German people were told to celebrate the prospect of dominating Europe as retribution for the punishment they endured because of the […]

ASIA: Ant Group executives are no longer part of Alibaba Partnership, a body that can nominate the majority of the e-commerce giant’s board, Alibaba’s annual report released on Tuesday showed. as both companies parted ways after China’s sweeping regulatory crackdown. The terms now allow only Alibaba employees to be part of the partnership. Seven Ant […]

QUESTION: Marty, It appears the January 6th committee has prevented Stephen K. Bannon from showing his evidence and the right to defend himself including his protection of the executive privilege from the President. It is suggested he will be found guilty as soon as today and his case then rests on the slim ‘chance’ of […]

We spend too much on the military, but we should give all our money to Ukraine. Make it make sense! Sweden and Finland made their grand debut in NATO this week. The Democrats helped push that into law in a vote that passed 394-18. Only 18 dissenters, all Republicans, saw the flaw involved with expanding […]

  I do not understand why our world leaders are so intent on creating war. Here in 1997, Biden wants to admit the Baltics into NATO at any cost to create an internal violent reaction inside Russia. This is two years BEFORE Putin. It appears to be what I have said all along. In 1997, […]

ASIA: Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings back from banks that have run into a deepening cash crisis. Since April, four rural banks in China’s central Henan province have frozen millions of dollars’ worth of deposits, threatening the livelihoods […]

ASIA: China’s banks have detailed 2.11 billion yuan ($312 million) of loans at risk to the increasing number of homebuyers refusing to pay mortgages on unfinished homes, as fears grow over a potential spillover into the wider financial sector. State-owned Agricultural Bank of China Ltd. said Thursday it held 660 million yuan of overdue loans […]