GLOBAL ECONOMY FACES “DEBT TSUNAMI.” Government and corporate debt has grown by $15 trillion this year and will reach $277 trillion by 2021, which is about 365 percent of the world’s GDP, according to a study by the nonprofit International Institute of Finance (IIF). The red ink is a “debt tsunami” threatening to limit economic...
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U.S. SUPREME COURT: RELIGIONS RISE ABOVE BUSINESSES
In America, where there is a separation of church and state as required by the First Amendment of the Constitution, the U.S. Supreme Court ruled last week that government must no longer maintain an attitude of neutrality toward religion. Indeed, while governors, mayors, and their legions of bureaucrats have declared draconian lockdown rules to fight...
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BANKSTERS HIJACK U.S TREASURY
Janet Yellin, former chair of the U.S. Federal Reserve and Joe Biden’s pick for treasury secretary, will in essence put the Federal Reserve in full control of the United States money machine. Yet, this is not mentioned by the media, which instead highlights that Ms. Yellen will be the first woman to occupy the position...
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EYES, THROAT & KNEES
I was extremely fortunate to have been able to train under Charles (“Charlie”) Nelson when he was in his prime and teaching incredibly effective and valuable skills at his small but marvelous School of Self-Defense in Manhattan. Charlie’s original approach was rooted in his WWII hand-to-hand combat and ju-jutsu training under Anthony Biddle and his...
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MARKETS & CRYPTO: GOING HIGHER
Last week, the stock market hit a new record high, a milestone. “DOW 30,000” has become a reality. In several recent articles, I’ve explained that this market would indeed continue higher, and new record highs are still coming. Moreover, the distortions that exist within the market continue to get much larger. And, as I have...
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U.S. MARKETS OVERVIEW
Go out at night. From Paris to Manhattan, from Podunk to Hick Town, cities big and small, the streets are empty. Buildings boarded up, curfews and restrictions. By government decree: Close down at 10 PM. No dining, no dancing, no singing, no hugging. Get back in your house. No partying no playing permitted. Check out...
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REMOTE WORK BECOMES TECH SECTOR’S NEW NORMAL
More than 24 percent of U.S. tech companies plan to shift their staffs entirely to remote work, a survey by Remote.co and Sapio Research has found. Almost 75 percent of U.S. tech employees would move out of the U.S. if work permitted, with the majority favoring northern Europe, Canada, or Latin America, the same survey...