Tomorrow is the vote on whether or not Great Britain will leave the European Union (EU), often referred to as "Brexit", or Britain's exit from the EU. Depending on how the vote goes, and how the market responds....tomorrow & Friday could see large disruptions in world-wide financial markets. Additionally, should GB vote to exit, it [...]
Aug 30 (Reuters) - Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday. Remember, Germany's the economic engine of Europe, and China is the economic [...]
See video below. Investor Hugh Hendry understands George Soros: "The richest people on the planet become socialists"; "Socialism is when you build a moat around the castle." Mr. Hendry is responding to a recent Bloomberg interview in which Soros decried German determination to cut their deficit spending (Imagine their arrogance!). Citing the "needs" of other [...]
