The German public has been strongly opposed to using their tax dollars to subsidize banks in other countries. Unless that changes, the EU might not survive.
If you believe the mainstream media’s hype, you probably think the EU is in crisis mode. But even amid all this turmoil, we find steady, if fragile growth.
For those who believe it’s always darkest before the dawn, there are great long-term investments in countries that seem overwhelmed by bad news.
We’re no longer living in a 19th-century world where parlor tricks with tariffs might have once worked. In fact, it’s a strategy that, if implemented, will backfire on Trumponomics.
Today we are reminded of an old story about taxpayers seeking haven. It comes from Saint Luke the Apostle, with a wish for a very Merry Christmas from all of us at The Sovereign Society.
Strong is good. Strong earnings. Strong sales. These paint a picture of economic growth, which is good for the country. But when it comes to the U.S. dollar in a global market … strong is a problem.
The real threat to the world’s economy is the pile of global private debt that’s unconnected to tangible goods and services. And sooner or later, everyone is going to recognize that this debt has no value because there’s nothing it can buy in the real world.
Throw a rock into a pond and it takes time for the ripples to disrupt an ant pile built on the far shore. Brexit is no different.
Democracy, sovereignty and a global economy are mutually incompatible. This “political trilemma” has led nations to start acting as corporations, putting your financial stability at risk.