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Sovereign Debt Crisis

Has the USA Ever Paid off its Debt?

Some people were surprised that I wrote that the USA paid off its debt under Andrew Jackson. What you have to understand is that the debt was effectively a deal...

ECB Losing Control

In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators.  Italy’s government had to address the plight...

Fed Admits it is the World’s Central Bank – not just the USA Central Bank

Janet Yellen signaled that the Fed is grappling with the problem I have been warning about: the dollar has become the de facto currency and the Fed is indeed...

The Dow For the week of 03/14/2016

While the markets have cheered the public admission that the central banks have completely failed in their quantitative easing and they will now buy more for...

New South Wales Treasurer Says Government Must be Reduced

New South Wales Treasurer Gladys Berejiklian. Photo: Daniel Munoz Everywhere we look, governments are in deep trouble. Down under in New South Wales, Treasurer...

Lagarde – Wants to Raise Retirement Age & Taxes

Christine Lagarde remains at the IMF as one of three Troika members because she is a Socialist. She is now on board with raising both the retirement age and taxes...

Moody’s Lowers Credit Rating of China to Negative from Stable

Moody’s lowered its outlook on China’s credit rating stable to negative. We have been warning that our models on China indicate that the bottom in the...

Australia Is Hunting for People Who Use Business Cars to Go to Sports Games

COMMENT: Hi Marty, I have followed your work for more than 7 years now and it is fair to say that you have opened my eyes and mind to how the world and global...

Britain Seizing Pension Funds?

  I have been warning that Chancellor George Osborne is probably going to go down in history as the man who destroys what is left of the British empire. He has...

Who Will Raise Rates? The Market or the Fed?

Some people are confused by what I mean when I say that rates will rise as we move into the sovereign debt crisis, which will pick up steam in 2017 moving into...