The world economy is imploding faster than anyone suspects. Governments cannot get it through their thick skulls that they consume money – they do not create economic growth. The higher the tax burden, the less disposable income, and the lower economic growth be it individuals or corporations. The difference is capital can flee, labor cannot. […]

While there has been a lot written about the NSA grabbing phone calls and even Snowden warning that phone calls are the most insecure form of communication, this move to share info among government to hunt capital for taxes has been expanded to telephone services. You can now ONLY buy a telephone with a credit […]

Leaked WikiLeaks documents reveal the Abbott government in Australia is moving with the EU and the USA in a secret trade negotiation that is aimed at bringing about radical deregulation of international banking and finance sector. While this Trade in Services Agreement (TiSA) negotiations, reported by The Age, show Australian trade negotiators are working on a […]

COMMENT: Hi Martin; thank you very much for your informative blog, i started reading at the beginning of the year and it’s the only one I make sure never to miss a single post. You are the first person I recall mentioning that $3,000 transactions are being kept an eye on. Here is another strange case. […]

QUESTION: “If the new reserve currency that will emerge will be electronic, and no gold standard is possible, why will governments confiscate gold? If the great deflation strikes after 2015.75 all assets can go down a lot in value, so is not good to hoard cash, common u$s bills at your home, or will cash […]

Germany’s Foreign Minister Johann Wadephul has now suggested that Germany could provide Kyiv with information on Ukrainian men of military age living inside Germany. His words were revealing: “We know who lives here.” Of course they do. The government knows who receives benefits, who has registered an address, and who holds a residence permit. These […]

California never seems to learn. Instead of asking why companies are fleeing the state, politicians immediately look at a successful IPO and see a new tax opportunity. The latest excitement surrounds the massive SpaceX public offering and the possibility that thousands of California employees and investors could generate billions in capital gains taxes for Sacramento. […]

  QUESTION: Biden said he would not pardon Hunter, and then he did. Was this not a slap in the face to the Democratic Party that will contribute to its breakup, as you have warned? JM ANSWER: It is worse than you think. This could backfire, for it was not a pardon for Hunter as […]