QUESTION: Could you please tell us more about the bank of the national banks (BIS) located in Swiss? Many thanks for your information. I love to read your blog first thing in the morning!!! JS ANSWER: The Bank for International Settlements (BIS) was originally established to handle the reparation payments of Germany. It was […]

ASIA / AUSTRALIA: China accused the U.S. of “economic terrorism.” The Ministry of Foreign Affairs said the White House had “brought huge damage to the economy of other countries and the U.S. itself,” spokesperson Lu Kang told reporters in Beijing on Thursday. China has now reportedly stopped ordering soy from the U.S. over the trade […]

It is imperative that we MUST eliminate the income tax. It is a purely a Marxist development that is destroying the world economy. The income tax has become such a tyranny that our liberty, freedom of movement, and world economic growth are all at great risk. Never before in the history of human civilization do […]

ASIA: China and the U.S. entered the day with just one day left to agree to a trade deal before the U.S. imposed tariffs on $200 billion dollars’ worth of Chinese goods goes up from 10% to 25%. Chinese Premier Liu is in the U.S. meeting with trade negotiators in an attempt to resolve differences, […]

I am writing from Frankfurt here for meetings ahead of the chaos awaiting the May elections. In Frankfurt, while the economy is clearly slowing, the financial capital is booming. New skyscrapers are rising to join those of Commerzbank, Deutsche Bank, DZ Bank, Helaba and others on Frankfurt’s skyline. This is another sign that there is a disparity […]

Asia: Stocks were boosted amid renewed hopes that a US and China trade deal will finally be resolved in the coming weeks. Some analysts are pointing their fingers at President Trump, stating that the deal was meant to be helping Americans, instead it is seen to be bringing fear to many businesses worried about importing […]

One of the gaping questions that have gone unanswered is why has Mueller not taken Putin up on his offer to go question the Russian intelligence officer he has indicted in Russia? Putin said he would allow Mueller and his team to travel to Russia and be present at the questioning of 12 Russian military […]

QUESTION:Dear Martin: Do you have any concerns for the equity markets from the upcoming conversion from Libor to SOFR (the secured overnight financing rate). A recent article from Business Insider highlighted the following: “Libor, linked to about $350 trillion worth of financial products, will be replaced by an alternate pricing benchmark for everything from mortgages […]

The Yellow Vest movement is indeed spreading worldwide. In France, they are out destroying speed cameras. Most Americans are familiar only with the red light cameras that cities have been forced to take down for they are unconstitutional. That is why you did not get points for the violation, just penalties. In Europe, the speed […]

There has always been a question in law that was originally argued as the conflict of laws known as “geographical morality” versus “universal morality” that emerged in one of the longest running trials in British history. The case involved an East India Company corruption which was brought against Warren Hastings (1732-1818) between 1787 and 1795. Hastings […]