Bite Your Nails While Driving is A Fine in Spain
OK. Are you ready for this one. The Telegraph is reporting that a driver in Spain was given a ticket and a €80 fine for biting his nail while driving. The offense: “not maintaining the correct freedom of movement”. Well, technically speaking, you are supposed to have two hands on the wheel. If you have just one on the wheel, they will flunk you in a driving test. Boy, I sure hope this does not become the next waive of raising money.
OK. Are you ready for this one. The Telegraph is reporting that a driver in Spain was given a ticket and a €80 fine for biting his nail while driving. The offense: “not maintaining the correct freedom of movement”. Well, technically speaking, you are supposed to have two hands on the wheel. If you have just one on the wheel, they will flunk you in a driving test. Boy, I sure hope this does not become the next waive of raising money.
Putin’s Speech – Tax Free Corporates for 4 Years
COMMENT: Well it looks like Putin is doing more than reviewing your film to approve its release in Russia. He is reading your blog. His speech today is offering tax free status for corporations exactly for your 4 year period into 2020. He only talks about the Silk Road joining with China.
BW
REPLY: Yes, the comments are coming in, even from our European staff. I have not advised Putin. Yes, I was told they want to show “The Forecaster” in Moscow, but he has to personally approve since it appears to be about a very big political upheaval in Russia that was a big issue and directly shows how he came to power.
If he is reading the blog and taking a deliberate strategy against the trend in the West, this may be playing directly into what our computer is forecasting. China will become the financial capital of the world, not just the largest economy. There is a difference. China will first surpass the USA in size of GDP, but it still lacks the depth to reach the financial capital of the world. This is why they are now pushing to make the yuan a usable currency that could rise to a semi-reserve status. That takes time and is distinct from just the largest GDP. If they fight the West and take the opposite approach on taxes, retaining physical paper currency, they can beat the West hands down. Why do you think we have opened in China? We follow our own models.
Nevertheless, the way the West is locked into raising taxes, desperately hunting loose change, is a sign that they are self-destructing. We are plagued by lawyers who see the world only through their skill: writing laws. They believe they can dictate to the economy by simply writing a law. It is all about manipulation to them. They DO NOT want to listen to me, who says they have no such power. They prefer people like Rogoff and Buiter who advise that they can grab even more power and FORCE us to perform as they demand. Granted, they keep one eye on what I forecast. I even met with the Swiss and warned the peg would break, but was told no, I was wrong and they could hold it. So, they want to talk and listen, but I do not see anyone doing what I tell them to do in the West. China may be different, but the people I met there in the central bank all had real world TRADING experience. They were neither academics nor lawyers. Expect China to make rational decisions quickly, unlike the West. We have also opened our Russian site and are now publishing in Russian, as well as Chinese.
Our self-destruction in the West is becoming self-evident. They have taken interest rates negative under the stupid theory that this will force people to spend what they do not have or are saving, for they do not trust the future. Negative rates wipes out both the long-term bond markets (as we now see them collapsing from May), as well as pension funds, no less insurance companies, not to forget annuities. Then we have the Lost Generation of youth and their massive unemployment in Europe because taxes are too high which is preventing small business formation. In the States, education has become worthless with 65% of graduates unable to find employment in what they studied. Then the bankers paid-off the politicians to create student loans that cannot be discharged, even in bankruptcy, preventing those who do work from buying homes or starting a family, contributing to the collapse in the birth rate. Then we have Obama, who is completely out of touch with economics, and is intent on following Marxism to the nation’s grave.
Russia and China went down the road of Marxism and they realized it failed. We will see our failure come 26 years AFTER their nightmares. Guess what! 1989.95 plus 26 years brings us to, wow – 2015.95. This is why I warn that 2015.75 (October 1, 2015) is the BEGINNING and not the END. This is the start of a tumultuous period for the next 2 years into 2017.90 and then into January 2020.
COMMENT: Well it looks like Putin is doing more than reviewing your film to approve its release in Russia. He is reading your blog. His speech today is offering tax free status for corporations exactly for your 4 year period into 2020. He only talks about the Silk Road joining with China.
BW
REPLY: Yes, the comments are coming in, even from our European staff. I have not advised Putin. Yes, I was told they want to show “The Forecaster” in Moscow, but he has to personally approve since it appears to be about a very big political upheaval in Russia that was a big issue and directly shows how he came to power.
If he is reading the blog and taking a deliberate strategy against the trend in the West, this may be playing directly into what our computer is forecasting. China will become the financial capital of the world, not just the largest economy. There is a difference. China will first surpass the USA in size of GDP, but it still lacks the depth to reach the financial capital of the world. This is why they are now pushing to make the yuan a usable currency that could rise to a semi-reserve status. That takes time and is distinct from just the largest GDP. If they fight the West and take the opposite approach on taxes, retaining physical paper currency, they can beat the West hands down. Why do you think we have opened in China? We follow our own models.
Nevertheless, the way the West is locked into raising taxes, desperately hunting loose change, is a sign that they are self-destructing. We are plagued by lawyers who see the world only through their skill: writing laws. They believe they can dictate to the economy by simply writing a law. It is all about manipulation to them. They DO NOT want to listen to me, who says they have no such power. They prefer people like Rogoff and Buiter who advise that they can grab even more power and FORCE us to perform as they demand. Granted, they keep one eye on what I forecast. I even met with the Swiss and warned the peg would break, but was told no, I was wrong and they could hold it. So, they want to talk and listen, but I do not see anyone doing what I tell them to do in the West. China may be different, but the people I met there in the central bank all had real world TRADING experience. They were neither academics nor lawyers. Expect China to make rational decisions quickly, unlike the West. We have also opened our Russian site and are now publishing in Russian, as well as Chinese.
Our self-destruction in the West is becoming self-evident. They have taken interest rates negative under the stupid theory that this will force people to spend what they do not have or are saving, for they do not trust the future. Negative rates wipes out both the long-term bond markets (as we now see them collapsing from May), as well as pension funds, no less insurance companies, not to forget annuities. Then we have the Lost Generation of youth and their massive unemployment in Europe because taxes are too high which is preventing small business formation. In the States, education has become worthless with 65% of graduates unable to find employment in what they studied. Then the bankers paid-off the politicians to create student loans that cannot be discharged, even in bankruptcy, preventing those who do work from buying homes or starting a family, contributing to the collapse in the birth rate. Then we have Obama, who is completely out of touch with economics, and is intent on following Marxism to the nation’s grave.
Russia and China went down the road of Marxism and they realized it failed. We will see our failure come 26 years AFTER their nightmares. Guess what! 1989.95 plus 26 years brings us to, wow – 2015.95. This is why I warn that 2015.75 (October 1, 2015) is the BEGINNING and not the END. This is the start of a tumultuous period for the next 2 years into 2017.90 and then into January 2020.
Is Canada Preparing for War?
Canada has made it drastically harder to apply for citizenship. The curious issue is the bottom-line concerning the military. There never was a fast track in Canada if you served in their military. All of a sudden, they are now creating a fast track if you serve in the military after increasing the time requirement by 50%. Canada never beefed up its military. This is clearly a total change in direction.
Additionally, this is reflecting what I have warned. Turn the economy down and there is a rise in civil unrest. The domestic population ALWAYS turns against immigrants, no matter what country we look at. The standard view is to blame them for taking jobs when jobs become scarce.
So why is Canada beefing up their military? Are they planning to invade Syria? It may be more along the lines of rising civil unrest that they are concerned about like everyone else when the promises go bust.
Now comes the drive to collect more and more taxes. To even be eligible for Canadian citizenship, you must have met your personal income tax filing obligations in four taxation years that are fully or partially within the six years immediately before the date you apply. So no citizenship if you do not pay income taxes. That was NOT a requirement before. In other words – SHOW ME THE MONEY!
Canada has made it drastically harder to apply for citizenship. The curious issue is the bottom-line concerning the military. There never was a fast track in Canada if you served in their military. All of a sudden, they are now creating a fast track if you serve in the military after increasing the time requirement by 50%. Canada never beefed up its military. This is clearly a total change in direction.
Additionally, this is reflecting what I have warned. Turn the economy down and there is a rise in civil unrest. The domestic population ALWAYS turns against immigrants, no matter what country we look at. The standard view is to blame them for taking jobs when jobs become scarce.
So why is Canada beefing up their military? Are they planning to invade Syria? It may be more along the lines of rising civil unrest that they are concerned about like everyone else when the promises go bust.
Now comes the drive to collect more and more taxes. To even be eligible for Canadian citizenship, you must have met your personal income tax filing obligations in four taxation years that are fully or partially within the six years immediately before the date you apply. So no citizenship if you do not pay income taxes. That was NOT a requirement before. In other words – SHOW ME THE MONEY!
“Men Willingly Believe What They Wish to Believe” – Julius Caesar
“Fere libenter homines id quod volunt credunt.”
“Men willingly believe what they wish to believe.”
Conspiracy theories have been going on for more than a millennium. Indeed, people believe what they want to believe. No matter what evidence you put forth that can be verified about Hillary, there are people who just want her to win no matter what. On Alex Wagner’s show on MSNBC, one of her guest bluntly stated that both Bush presidencies were a failure and the ONLY successful Presidency was that of Bill Clinton.
I suppose the pretense that Republicans are for the rich bankers and the Democrats are for the poor is just one of those things people want to believe. They overlook the fact that Clinton repealed Glass-Steagall and ushered in the new age of Transactional Banking. They also refuse to look at her adviser, a former Goldman Sachs employee, and who are her top contributors? Ah – New York Bankers?
So yes, Julius Caesar was correct: People willingly believe only what they wish to believe.
“Fere libenter homines id quod volunt credunt.”
“Men willingly believe what they wish to believe.”
Conspiracy theories have been going on for more than a millennium. Indeed, people believe what they want to believe. No matter what evidence you put forth that can be verified about Hillary, there are people who just want her to win no matter what. On Alex Wagner’s show on MSNBC, one of her guest bluntly stated that both Bush presidencies were a failure and the ONLY successful Presidency was that of Bill Clinton.
I suppose the pretense that Republicans are for the rich bankers and the Democrats are for the poor is just one of those things people want to believe. They overlook the fact that Clinton repealed Glass-Steagall and ushered in the new age of Transactional Banking. They also refuse to look at her adviser, a former Goldman Sachs employee, and who are her top contributors? Ah – New York Bankers?
So yes, Julius Caesar was correct: People willingly believe only what they wish to believe.
Trump for President – Sorry, Nope!
QUESTION: Do you hear anything that would indicate that Donald Trump would make a positive difference in the “Big Bang” should he become president?
He says he will jawbone Ford Motor Co/ to not build a plant in Mexico and that he will use some form of tariff to “fix” the trade balance between China and the U.S.
ANSWER: Trade is not our problem, debt is. The Donald knows all about debt since his corporations have filed for bankruptcy twice. Donald Trump has become infamous for his TV show yelling, “You’re fired!” every week on primetime television. Yet, after Trump’s casino operations filed bankruptcy he remains the chairman, and one must wonder why he is not “fired”. Trump will remain as chairman and CEO and continue to collect a $2 million dollar paycheck. So, Trump is clever and filed for bankruptcy twice, yet stays in control. He knows how to protect his personal finances. In both instances of Trump’s corporations filing for bankruptcy, Trump personally has not. Hence, when his casino fell into about a billion dollars in debt, the corporation filed for Chapter 11 bankruptcy. Trump knows how to reduce his debt through bankruptcy, making his creditors take haircuts. It is called restructuring.
Now, if he wanted to run on a platform that he will restructure the debt, as he is an expert on how to default on his creditors, then perhaps we should listen to his proposal. But so far, he offers nothing new, just the same old nonsense. His announcement to run for president had a big audience; they cheered because they were actors he paid only $50 to show up. You would think he should have paid at least $100 so they could have dinner.
One upside: he could save the government money, since he probably would still fly around in his own Trump Air Force One, which he decked out to rival Obama. As the story goes, Obama flew to Palm Beach to play golf with Tiger Woods and parked in Trumps spot. Trump landed and told his pilot to move right up behind Obama’s plane. Secret Service called and warned if he moves one inch further, they would open fire.
QUESTION: Do you hear anything that would indicate that Donald Trump would make a positive difference in the “Big Bang” should he become president?
He says he will jawbone Ford Motor Co/ to not build a plant in Mexico and that he will use some form of tariff to “fix” the trade balance between China and the U.S.
ANSWER: Trade is not our problem, debt is. The Donald knows all about debt since his corporations have filed for bankruptcy twice. Donald Trump has become infamous for his TV show yelling, “You’re fired!” every week on primetime television. Yet, after Trump’s casino operations filed bankruptcy he remains the chairman, and one must wonder why he is not “fired”. Trump will remain as chairman and CEO and continue to collect a $2 million dollar paycheck. So, Trump is clever and filed for bankruptcy twice, yet stays in control. He knows how to protect his personal finances. In both instances of Trump’s corporations filing for bankruptcy, Trump personally has not. Hence, when his casino fell into about a billion dollars in debt, the corporation filed for Chapter 11 bankruptcy. Trump knows how to reduce his debt through bankruptcy, making his creditors take haircuts. It is called restructuring.
Now, if he wanted to run on a platform that he will restructure the debt, as he is an expert on how to default on his creditors, then perhaps we should listen to his proposal. But so far, he offers nothing new, just the same old nonsense. His announcement to run for president had a big audience; they cheered because they were actors he paid only $50 to show up. You would think he should have paid at least $100 so they could have dinner.
One upside: he could save the government money, since he probably would still fly around in his own Trump Air Force One, which he decked out to rival Obama. As the story goes, Obama flew to Palm Beach to play golf with Tiger Woods and parked in Trumps spot. Trump landed and told his pilot to move right up behind Obama’s plane. Secret Service called and warned if he moves one inch further, they would open fire.
Why the WEC is AFTER 2015.75
To make it perfectly clear, we will be sending out PRE-CONFERENCE materials for those attending to address 2015.75. However, this is the BEGINNING of Big Bang, by no means is it the end. The WEC will be critical to surviving what comes next, not just a single day. The crazy period we face is 2015.75 into 2017.90.
We have been warning that we may see a Phase Transition in equities BEGIN with the 2015.75 and the FALSE MOVE. But this should be the PEAK in government –NOT the peak in markets outside of interest rates.
Mario Draghi Backs Down on Greece
We are really plagued by people in government who are totally clueless on how markets trade. They have been arrogant in assuming they do not need Greece and if they force it to default, no big deal. They are starting to come to their senses, but for how long?
Zeit Online has reported a dramatic turn of events in Luxembourg as creditors are starting to realize if they push Greece out, we are looking at a contagion that will start to sweep the debt markets. Nevertheless, these clowns have failed to reform and are maintaining the same system without changes. All they are trying to do is lend money without definitive terms, and then they expect Greece to screw the people and bleed them dry so they can save the euro. This too will ultimately FAIL.
Executive Summary Version of Reports for the Average Investor
We will be also producing Executive Summary Reports that will provide the overview for the Small Investor Category without the Reversals and Trading Information in the full version. These reports will be priced for the “small investor” rather than the “trader” so they can have an idea of the overall forecasting trends and what to expect as we face this tumultuous period in history as the future unfolds according to the past. So no worries. We will Not leave anyone behind.
We will not be providing that info on the blog as per client requests to ensure it remains more exclusive for our readership. We will maintain the blog as a public service to try to help society grasp what we are really facing.
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