The conflict in Ukraine illustrates how the real issue is the sheer corruption within government. The police are corrupt and are willing to kill their own citizens to preserve their privileged status. The President Viktor Yanukovych is effectively really Russian and cannot even speak proper Ukrainian. We may see this nation torn apart as civil war […]
Here it comes– more leading economists call for capital controls
As the saying goes, ‘desperate times call for desperate measures.’ The phrase is bandied about so frequently, it’s generally accepted truth. But I have to tell you that I fundamentally disagree with the premise. Desperate times, in fact, call for a complete reset in the way people think. Desperate times call for the most intelligent, […]
Wisdom Wednesday's – Lesson #3 – Evaluate Investments In 5 Year Chunks
Lesson 3: Evaluate Investments In 5 Year Chunks Have you ever bought into an investment to exit within a year and then find that the price has sky-rocketed the next year? Worse, have you ever thought about getting into an investment for years, then finally got in, and the price went down, so you panicked […]
The US Army Is Considering A Plan To Replace Thousands Of Troops With Robots
The US Army is considering replacing thousands of soldiers with robots as it deals with sweeping troop cuts. A senior American officer has said he is considering shrinking the size of the Army’s brigade combat teams by a quarter and replacing the lost troops with robots and remote-controlled vehicles. The American military is still far […]
Thailand & Ukraine – The Common Link
Behind the Headlines for both Thailand and Ukraine, the mainstream press has ONLY given one side of the story. In the case of Thailand, this paint it only as the rural poor against the rich and in Ukraine they paint it as purely the youth upside for not joining Europe. The other dimension in both […]
Leaked Records Reveal Offshore Holdings of China’s Elite
Close relatives of China’s top leaders have held secretive offshore companies in tax havens that helped shroud the Communist elite’s wealth, a leaked cache of documents reveals. The confidential files include details of a real estate company co-owned by current President Xi Jinping’s brother-in-law and British Virgin Islands companies set up by former Premier Wen […]
Davos Billionaires See Wealth Gains on 2014 Stocks Rally
Billionaires attending the World Economic Forum’s annual meeting this week in Davos, Switzerland, expect to be richer when they return to the Alpine village next year. credit for bad credit About a half-dozen of the wealthiest participants, including Aliko Dangote,Africa’s richest person, and Irish telecommunications mogul Denis O’Brien, said stocks will rise, interest rates will remain […]
The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?
Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to a cascading collapse of the shadow banking system in China which could potentially result in […]