Blog/World Events

India Outlawing Cash Altogether in 75 Cities

The Prime Minister Narendra Modi announced on Friday the 14th, that 75 cities will be designated cashless/less-cash townships, with an overwhelming 56 of them being [...]

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Trying to Save Monte Paschi – Oldest Bank in the World

The EU Commission is looking to bailout Monte Paschi by almost eliminating more than 5,000 jobs. The Monte Paschi plan that was presented last October called for [...]

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Degrees Are Not Worth Much – Experience is Everything

QUESTION:  I am an 18 year about to attend college, I want to major in economics and minor in history as I want to run for president in my native Cameroon. Should [...]

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Airlines Industry is Out of Control

The incident of beating and dragging a passenger from United Airlines so United Employees can get a seat is just an example of how abusive the entire airline [...]

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UK & Germans Did Intercept Trump’s Phone Calls with Russia

After denying that British and other European intelligence agencies have intercepted communications between Donald Trump’s staff and Russian citizens and [...]

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Turkey to Confiscate Gold in New Clever Way – To Help Citizens Earn Money

  The dwindling credit of Turkey and significant decline in its currency, has led to the new clever idea of confiscating gold with a smile. The Turkish Central [...]

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Australian Tax Authorities on the Hunt

The hunt for taxes has also been targeting international companies and arguing that the local operation in their country should pay more in taxes. One example [...]

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Why Gary Cohn of Goldman Sachs Supports Restoring Glass–Steagall

  QUESTION: Mr. Armstrong; In Germany DWN wrote that Cohn of Goldman Sachs is in favor of returning Glass–Steagall. This seems strange. Do you have any [...]

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Why Davos Predictions Are Always Wrong!

QUESTION: Mr. Armstrong; I read the quote that Kenneth Rogoff made about the predictions of the attendees at Davos. He told Bloomberg: “A joke, which I have [...]

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US Property Tax Comparison by State

The latest report on property tax comparisons within the USA has been released. A report from Attom Data shows just how nuts things are becoming with regard to [...]

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