Greece’s parliament voted early Sunday in favor of Prime Minister Alexis Tsipras’ motion to hold a July 5th referendum on creditor proposals for reforms in exchange for loans, with the country’s future in the Eurozone/Euroland looking increasingly questionable. The greatest problem is that the share market is showing that exiting the euro will be the […]

The BBC is reporting that the Greece debt crisis is now leading to a Greek bank run as people clamor to hoard cash in the face of the Eurozone refusing any bailout extension. This is the typical human response in the face of uncertainty. Greece can pull out of this if they comprehend what really […]

The Eurozone, or Euroland, is now getting ready to deal with a Greek debt default next week after refusing to extend credit following Prime Minister Alexis Tsipras’ surprise announcement of a referendum on an offer from creditors that the people in any real democracy should have a right to vote on. Brussels prefers dictatorship and […]

COMMENT: Armstrong, I have to admit that you are right and I was wrong on fractional reserve banking. Due to the ongoing conflict in what I wanted to believe and what you said would be true, I researched myself. Although I am an accountant I adopted the claims that banks can create money out of […]

The whole idea of a one world government that began in Europe with the Treaty of Rome was based upon the idea inside Europe that a single government would end war. They never considered that there are two sides to that coin ­– international war and internal war – that we call revolution. As Thomas […]

This is socialism collapsing. Hundreds of thousands of people have joined together to protest anti-austerity. So many people attended that the police refuse to number the crowd fearing it was just too many. We are at a crossroads. We have people who live in their little bubbles like Rogoff and Buiter who tell government they need […]

Some people have misread my posting on an observation in Spain. The retail sale of gold coins was virtually nonexistent in Spain. This is not a shortage of gold. In Italy, bullion coins were being sold in stores. It is France that is after gold coins, demanding no cash sales and reporting on buyers and […]

If you apply for a mortgage, you will suddenly encounter the REAL hunt for money. My sister just bought a house and to get the mortgage she had to explain every deposit and cash withdrawal in her account going back five years. My mother had simply written her a check for $400 to reimburse her for picking […]

Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany’s EU commissioner said it was time to prepare for a “state of emergency”. Our models have long favored a Greek Exit (Grexit). We suspect that there will be the […]

QUESTION:  Hello Martin, I enjoy reading your articles on historical events.  It is a refreshing change from mainstream media’s spin. It will be 800 years on the 15th June since the signing of the Magna Carta here in the UK.  I would be very interested on your views of this document and what value its […]