May 14 2019

10 Myths About Government Debt

Published on Oct 16, 2017

Myth 1 is that the government owes “only” $20 trillion. (In reality, it’s much more.) But luckily, Myth 10 is that there’s no way to fix this problem… Prof. Antony Davies explains.

May 13 2019

Jordan Peterson | Full interview with NZ Herald journalist Simon Wilson

nzherald.co.nz

Published on Feb 22, 2019

Controversial Canadian psychologist and author Jordan Peterson sits down with Simon Wilson. Full story: https://goo.gl/3hw7gY

May 13 2019

Dr. Jordan Peterson – One Last Question

Liberty University

Published on Apr 8, 2019

Senior Vice President, David Nasser, and Dr. Jordan B. Peterson sat down for a discussion after Dr. Peterson spoke at Liberty University’s Convocation on March 29, 2019, in Lynchburg, Va.

May 13 2019

China the Coming Financial Capital of the World

Armstrong Economics Blog/Understanding Cycles

Re-Posted May 13, 2019 by Martin Armstrong

QUESTION: Dear Martin,
During the WEC in Rome you’ve mentioned that center of finance moving to Asia after 2032. I’m wondering if work ethics from a country with no religion can be sustainable for so many years? My assumption is if the religion helped to shape the Europe’s success (and not any other part of the world at that time) and later on the USA (with religious work ethics), can it be preserved in China or will it fade away as people over there don’t want to work (they only do that in order to survive) ? Sorry for the strange question but didn’t manage to ask you during the WEC Rome on your thoughts on this topic,
Thank you,
MK

ANSWER: The work ethic is not really derived from religion but from the freedom under capitalism. Both in Russia and China, people retained their religious beliefs but in secret. Chine practiced the Tall Poppie Syndrom where they did not care what you thought provided you did not stick your head up above others. Russia under Stalin was one of paranoia. He directed children to report on their parents. This is why China has boomed for it left humanity intact. The Chinese are highly motivated to work more so than in the West. It is part of their culture.

Nevertheless, at some point, China will peak and then decline. The cycle will then return to Europe and then off to the Americas. As society expands, the birth rate declines and people want to enjoy the good life. You even see that is Augustus’ Family Laws.

May 13 2019

The Threat of Protectionism

Armstrong Economics Blog/Regulation

Re-Posted May 13, 2019 by Martin Armstrong

QUESTION: Marty:

I read you every day and I am one of the fortunate people to have a financial advisor that attends your Conference every year in the US.

I am wondering how Airbus will be affected in the future as the Euro further declines.

Thanks, RM

ANSWER: This is one of the aspects that caused the protectionism during the 1930s. As the turmoil in Europe unfolded, capital fled to the dollar pushing it higher. This invoked protectionism also propelled by the decline in commodity prices. The protectionism began with the agricultural sector and then spread to other areas.

As the dollar is pushed higher, we will see protectionism rise again probably 2021-2022. European companies that do not have professional hedging departments will suffer greatly.

May 13 2019

Remarkable Success – Nigel Farage Brexit Party Leaps to #1 in Weeks…

Re-Posted from The Conservative Tree House on May 12, 2019 by sundance

There’s a remarkable political restructuring happening on the other side of the Atlantic. Nigel Farage has led the U.K. Brexit Party into the leading political force in a matter of weeks.

With frustration over the intransigent unwillingness of the political elites who control power in the U.K. to deliver on the Brexit referendum, the grassroots “Brexit Party” was formed. According to recent polling the movement now leads in advance of upcoming EU Parliament elections. It’s possible another political earthquake is about to happen:

(Via Breitbart Media) New polling for the upcoming European Parliament elections shows another astonishing surge in support for Nigel Farage’s Brexit Party, while the governing Conservatives have crashed to fourth place on just 11 per cent.

The Opinium poll of 2,004 people, conducted online between the 8th and 10th of May, showed support for Mr Farage’s weeks-old party up 6 points to 34 per cent, more than Jeremy Corbyn’s Labour — down seven points to 21 per cent — and Theresa May’s Conservatives — down three points to just 11 per cent — combined.

The Conservative Party’s stunning collapse puts down in fourth place behind even the Liberal Democrats, who have been only a third force in British politics since the 1920s, and barely even that after arch-europhile Nick Clegg led them to near-obliteration in the 2015 general election. (read more)

May 12 2019

Tucker: Calif. is challenging integrity of the union

Fox News

Published on Jan 19, 2018

Tucker’s Thoughts: The country’s biggest state is punishing its citizens for following federal law. California is fighting on the behalf of a foreign population that has no right to be here in the first place. Helping Americans isn’t the point. Illegal immigration makes their donors richer and ensures their re-election. #Tucker

May 12 2019

Jordan Peterson on The Necessity of Virtue

TVO

Published on Jan 4, 2011

University of Toronto professor and clinical psychologist, Jordan Peterson, delivers the 2010 Hancock Lecture entitled The Necessity of Virtue. He discusses virtue from a contemporary perspective that both encompasses and extends beyond moral and religious contexts. Through compelling stories and research, Dr. Peterson illustrates the necessity of virtue both for the individual and for society at large.