The economic year that was will never be again. The new economic year ahead will be like none we have ever seen before. Indeed, this time last year, we forecast that panic would hit Wall Street in 2016. And, immediately after the new year was rung in, the Dow Jones suffered one of its worst openings...
321 search results for: Turkey
Post
President Trump economy vs. global economy: Winners and losers
Just as the mainstream media and major pollsters got it wrong forecasting Hillary Clinton would defeat Donald Trump for the White House, Wall Street’s forecast that a Trump win would sink equity markets and send gold prices sharply higher also was a losing bet. Throughout the election season, Wall Street was strongly pro-Clinton. Markets moved...
Post
Farewell to cash
A global cashless society is fast becoming a reality. The evidence couldn’t be clearer. Just this month, for example, under the guise of protecting us from terrorism and drug cartels, the European Central Bank announced it would no longer produce the 500 Euro note. Spinning the same tale, former Treasury Secretary Larry Summers is promoting...
Post
Don’t dare question war
ANZAC stands for the Australian and New Zealand Army Corps from World War I. But it now stands for a lot more. April 25 was ANZAC Day, Australia and New Zealand’s Veterans Day, and has been so for more than a century. It commemorates the landing by the ANZAC expeditionary force on the Gallipoli peninsula in...
Post
Behind Putin’s Syria decision
President Vladimir Putin, once again, defied conventional geo-political wisdom when he announced without warning March 14 that he was pulling Russian air-combat forces out of Syria. State Department chief spokesperson John Kirby acknowledged March 17 that the US government had been given no notice by Moscow and was taken by surprise by the move. Why...
Post
The Last World War
With each passing day, drums of war beat louder and the list of countries joining the march to war grows longer. If trend lines drawn since the War on Terror launched by US President George W. Bush following 9/11 are not reversed, World War III will not only be a Top Trend of 2016, it may...
Post
Ethnic home cooking goes suburban…
Cook Vietnamese pho with imported rice sticks, grab some fermented soybeans, or just purchase some banana flower or Korean bean sprouts. The reviews are in: Oriental Pantry is a hit in Minot, a North Dakota city of 47,000 that has seen a 17 percent population increase since 2010. This is a city where Asians were...
Post
Wake-up call: Confronting the abuse of power head-on
The future has never been clearer. If societies continue on the current path set by major political leaders, financial powers, multinational interests and military forces, we can forecast with full confidence that tomorrow will bring more sorrow than joy, more hardship than prosperity, more war than peace, more physical and mental illness than strong bodies...
Post
Healthy fast food brings fat profits
It’s been nearly 15 years since Jared Fogle famously lost a couple hundred pounds on a diet of Subway sandwiches, introducing us all to the improbable notion that fast food could be good for you. Yet there he was, 6’2’’ and a trim 200 pounds. It seemed almost preposterous that an American fast food eatery...
Post
Wake-up call: Confronting the abuse of power head-on
The future has never been clearer. If societies continue on the current path set by major political leaders, financial powers, multinational interests and military forces, we can forecast with full confidence that tomorrow will bring more sorrow than joy, more hardship than prosperity, more war than peace, more physical and mental illness than strong bodies...