Mike’s Midweek Comment
Despite the uncertainty of another anti-EU vote in Italy, the 3rd largest European economy and 4th largest debtor nation in the world the markets shook it off and rose sharply. What happens next if a total collapse of the EU is said could evolve into “the most violent economic shock in history”
…more from Michael: The lesson of Cuba – Which System is better – it’s not even close
With government in every single aspect of our lives, 100’s of thousands of regulations with 1000’s more every time we look. With the media and key individuals praising billionaire socialists and socialist countries that can barely feed their citizens…..Michael has figured out what it is that they want
….related from Michael: Absurdity Defined
Victor focuses on the dramatic shift in interest rates and answers the question whether the big market moves since Trump was elected are overdone. Victor also covers the sharp move in crude oil, Gold, Stocks and other markets.
….also from Ozzie Jurock: Hot Properties: The Latest Numbers
The government attempt to fine tune the real estate market has triggered some new negative numbers. Sales are much worse and the size of the real estate industry is going to have an impact of GDP.
….also from Michael: It’s Both Telling & Damning
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The lesson of Cuba – Which System is better – it’s not even close
Posted by Michael Campbell
on Wednesday, 7 December 2016 16:37
“In 1959 – a small subtropical island, with only 22% arable land whose main export was sugar revolutionized its government despite the strong opposition. I’m talking about Taiwan – while of course this also describes Cuba.” One boomed, the other became rife with poverty. Here’s why.
…this weeks Shocking Stat: Absurdity Defined