QUESTION: Marty, I just moved to Florida. I bought an old teardown from the ’50s. It’s hard to find contractors here. Everyone is really busy. Any recommendations?
GK
ANSWER: I have been looking for a contractor to add a 3rd floor for me. It’s hard to find someone. If you are in the construction business, tired of state income taxes, and with Governor Ron DeSantis looking to eliminate property taxes on your place of permanent residence, this seems to be the place to move to.
QUESTION: Ukraine is clearly on the verge of losing this stupid territorial war. Zelenskyy is again trying to engulf Europe in total war. He is telling Europe it must attack Russia now. He said conciliatory gestures won’t work.
“You can’t stop Putin with your kisses or flowers.”
You were correct. This is the guy hand picked to start World War III. He cares nothing about his own people and is willing to destroy all of Europe for his personal hatred of Russians. The media will never interview you because they want World War III and put this guy as some champion of freedom.
God help us.
I am leaving Europe taking my family to safety. I see no hope here for Europe.
Thank you for your honesty. After what they did to you, you could have just hid away someplace. I admire your courage.
Uri
ANSWER: The fact that the media will never interview me also gives me the freedom to speak behind the curtain more intensely. If the media actually reported on me truthfully, they would probably suicide me to silence me.
I have been warning about Zelensky. The Minsk Agreement which all of Europe signed with Ukraine and Putin told Zelensky when he came to power how important it was to honor the Minsk Agreement and let the people of the Donbas vote on their freedom from Ukrainians who hate their guts.
Sources continue to say that the Neocons are working on biological weapons for Ukraine to use against Russians while others claim there are also covert operations trying to figure out how to get nukes into Ukraine for this madman Zelensky.
The media lies about everything. They claim Russia invaded “UNPROVOKED” and they claim Russia launched a full scale invasion to take all of Ukraine. They have insisted on Europe send troops to Ukraine and put out the BS that if Ukraine falls, Putin will take all of Europe. Even Hillary was spinning that narrative at the Munich Security Conference.
The head of NATO, Mark Rutte, has come out and lectured these stupid European Leaders who are on the ropes economically and think conquering Russia will keep their failed EU federal government alive. Rutte blasted these morons telling them that Europe is incapable of defending itself without America.
Emmanuel Macron is now France’s least-popular president in the past 50 years. His approval rating is just 11%. The latest Gallup Poll puts trust in TV mainstream reporters at 13%, Macron is now below the trust in media. The Times referred to Sir Keir Starmer as “the most unpopular prime minister in history“, while Andrew Neil wrote in the Daily Mail that Mr Starmer is “the most unpopular Prime Minister with voters since modern polling began.” In January, Starmer had a negative 47% approval rating.
These EU leaders are so upset that Trump will not fund their intended war against Russia while they grab the assets to regain their global importance and rise above the US, this ungrateful colony, to lead the world in their delusional state of gaining old glories. Perhaps they switched from cocaine to Amanita Muscaria, the psychedelic mushroom some believe the Vikings took before going into battle, which is the origin of the word “berserk” from the Old Norse term “berserkr.” Over time, it evolved to describe someone who is out of control or frenzied, reflecting the wild behavior of these ancient Scandinavians.
A warmonger is typically a leader or individual who advocates for or engages in war, often seen as promoting conflict rather than seeking peaceful solutions. This term carries a negative connotation, suggesting manipulation and exploitation of societal tensions for personal or political gain. Zelensky, Macron, Starmer all fit this profile among others.
The term “warmonger” has roots dating back to the 1580s. It has evolved to describe those who seem eager to escalate conflicts rather than seek peaceful resolutions. The concept of warmongering can also be examined through psychological lenses. Some theories suggest that inner conflicts and fears within individuals can lead to aggressive behaviors, including the promotion of war. This inner turmoil may manifest as a desire to project power or control over others.
There is only one way to create peace. Honor the Minsk Agreement, let the people of the Donbas VOTE who they want to join. Remove all sanctions and embark on free trade. Government will have to be overthrown to achieve that for they have vested so much into this hatred of Russia as a distraction from their failing Marxist-Socialist philosophies. You cannot create social justice materially without violating human rights and sacrificing economic growth and efficiency. This is why EU growth is only about one-third of the US rate.
Trump must realize that the auto industry left Detroit because of TAXES, not cheap labor overseas. The City of Detroit abused their power and chased everyone out and then defaulted on their debt in 1937. All four cities that were raising taxes to redistribute wealth were collapsing in 1933, Detroit, Milwaukee, Boston, and Chicago. Nothing has ever changed and these four cities are incapable of ever learning from the continued mistakes in fiscal management. They bribe people for votes and rob anyone who produces to retain power.
QUESTION: Marty, you said that the euro would first rise against the dollar and that would lead to a wave of deflation in Europe. Are we close to the reversal in this trend that you said would be the second half of 2026?
FD
ANSWER: The philosophy between the US and Europe when it comes to currency are polar-opposites. The US always wants a weak dollar to sell more widgets overseas, and Europe is still living in the shadow of World War II where the currencies were starting from zero so a rising currency they see as proof of their recovery.
Thus, a strong dollar and weak euro is precisely opposite of the political objectives in both camp. The Plaza Accord was all about forcing the dollar lower in 1985 for trade. They were talking the dollar down but then in 1987 they got together with the Louve Accord and proclaimed the dollar went down enough. The dollar had already turned down before the Plaza Accord.
When it continued to fall, that is what caused the 1987 Crash because the market suddenly realized that the central bankers could NOT control the currency. These people are NOT capable to controlling the FOREX markets.
We are getting there. It won’t be long now. Just watch the Arrays. Europe is going to impose capital controls. They are trying to eliminate all trade with the USA because Trump is against war with Russia, which they see as necessary to survive. The are looking to ban all software from the USA and they are trying to ban VISA and Mastercard as well. They have been pushing the Sell-America Trade, but this is all going to backfire on them.
Economic growth in the USA for 2024 was about 2.6% compared to 1.1% for the EU. They are dead last in economic growth among the top 5 major economies. They can impose pressure on funds to sell US assets and return to Europe, but we advise some of the largest institutions in Europe and they are NOT buying it. The capitalization of just the NYSE is more than ALL of the European Exchanges combined. The US is still the only place to park huge money. Most of our European institutional clients have hedged the currency risk for now.
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According to ECB data cited by the Financial Times, American firms Visa and Mastercard now account for nearly two-thirds of all card transactions in the eurozone, while 13 EU countries have no national card schemes. Now, EU officials have issued a warning that an alternative medium must be deployed to counter US interference.
As cash usage continues to decline, EU officials are suddenly alarmed that payment systems could be “weaponized” during a geopolitical conflict. This concern was openly voiced by former ECB president Mario Draghi, who warned that interdependence has become “a source of leverage and control.” What Draghi never acknowledges is that it was precisely his era of central planning, negative interest rates, and regulatory micromanagement that drove Europe into this position. European banks were stifled, innovation was discouraged, and capital fled to jurisdictions that offered greater scale and efficiency. Now the same people who engineered Europe’s decline in competitiveness are lecturing the public about strategic autonomy.
“Deep integration created dependencies that could be abused when not all partners were allies,” Mario Draghi, former ECB president, said in a recent speech. “Interdependence, once seen as a source of mutual restraint, became a source of leverage and control.”
The European Payments Initiative and its Wero system are being presented as a private sector solution. When officials frame payment systems as matters of “sovereignty,” what they are really saying is that governments want leverage over transactions. That is why the discussion inevitably circles back to central bank digital currencies. The European Central Bank continues to promote the digital euro as a way to preserve “autonomy,” yet this has nothing to do with protecting consumers and everything to do with monitoring and directing financial behavior. A CBDC is not a payment innovation. It is a surveillance mechanism layered on top of a failing monetary system.
Even European banks themselves have quietly acknowledged this risk, warning that a digital euro would crowd out private payment systems rather than complement them. That admission alone dismantles the official narrative. If a CBDC were truly about efficiency or convenience, it would not require suppressing private alternatives. History shows that governments only insert themselves directly into transactions when they want enforcement power. Once payments are centralized, capital controls become inevitable, negative rates become unavoidable, and dissent can be punished instantly by restricting access to money.
The irony is that Europe is blaming American payment networks for a dependency created by European policy failures. Draghi’s worldview has always been rooted in the belief that bureaucrats know better than markets. The result has been stagnation and rising public debt. The push for CBDCs is simply the next phase of that experiment, and it will end the same way. When people trust institutions, they do not worry about who processes a transaction.
Britain, one of the loudest voices pushing continued support for Ukraine, has already transferred enormous quantities of its own weapons and ammunition, and the reality now surfacing is that Western arsenals were never designed for a prolonged conventional conflict.
From the outset of the war, London became one of Kyiv’s largest suppliers. The UK delivered more than 12,000 anti-tank weapons, over 300,000 artillery rounds, air-defense missiles, armored systems, and extensive non-lethal gear from its own stocks. Britain ultimately committed billions in arms support, ranking second only to the United States in total military aid.
This was not simply surplus equipment sitting idle. A significant portion came directly out of British inventories, with about £171.5 million ($225 million) worth of equipment drawn from stockpiles by early phases of the war. Officials later warned that further transfers created “unacceptable risks” to Britain’s own readiness, forcing reductions in donations as the strain became evident.
Heavy systems were also handed over. The UK transferred its AS-90 self-propelled artillery to Ukraine, and by 2025, reports indicated that the entire fleet of 68 vehicles had been donated, effectively retiring the platform from British service. Ammunition followed the same path, including contracts to deliver roughly 120,000 additional 152mm artillery shells through multinational funding mechanisms.
Even as these shipments continued, new pledges kept coming. In February 202,6 London announced another air-defense package worth more than £500 million, including missiles and funding mechanisms to buy U.S. systems for Kyiv. Additional announcements the same week included £540 million in aid and thousands of missiles to reinforce Ukraine’s defenses. A separate £150 million contribution was directed to a NATO-coordinated program designed to keep weapons flowing despite supply pressures.
Retired British Army Colonel Richard Kemp believes that the United Kingdom’s own stockpile could not last more than a week in the event of combat. “Knowledgeable observers have suggested that our munitions stocks – from rifle bullets and artillery shells to long-range missiles and drones – would see out only about a week of intensive fighting,” he wrote. “That’s even taking account of the fact that our Armed Forces are now very small, having been repeatedly hollowed out by successive governments…Even the handful of soldiers and tanks we could put into the field would be out of ammo in a matter of days.”
European initiatives to source shells have already struggled to meet funding targets, raising only about €1.4 billion of a planned €5 billion to secure ammunition supplies. The conflict has exposed what military analysts call the “return of industrial warfare,” where vast quantities of matériel are consumed continuously and must be replaced by manufacturing, not financial engineering.
The UK and all of Europe are now scrambling to rebuild arsenals it assumed it would never need again, while continuing to ship weapons to Ukraine. History shows that once nations enter this cycle of rearmament after disarmament, the economic consequences of debt expansion tend to last far longer than the war that triggered them. Europe remains reliant on the US for protection and has felt emboldened to sell off equipment because the bureaucrats firmly believe the US will rush to their aid in the event of conflict. In reality, politicians have left their populations vulnerable and are risking national security in a serious way.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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