November 30, 2015

Emerging Markets: North Korea

North Korea is where China was in 1980. It is very, very exciting what is happening now in North Korea.

Related: iShares MSCI Emerging Markets Indx (ETF)(NYSEARCA:EEM)

November 26, 2015

The Next Economic Slowdown Will Be A Disaster

We have not had an economic slowdown for over 6 years in the world, we are overdue. As you know, every 4 to 7 years we have them, no matter what. It is coming, wether it is next year or in 2017. I do not know, but I know it is coming. And the next time it comes it is going to be a disaster because the debt is so much higher.

Economics Is Pretty Simple

Economics is pretty simple. If you spend money you do not have you either pay it back or go bankrupt and suffer the consequences.

Piling Up Debt & Printing Money Does Not Work!

If you had to do was to pile up debt and print money, Zimbabwe would be the richest country in the world right now. Many countries would be extremely rich. It does not work!

Bought Some More Chinese Stocks Recently

I did buy more Chinese stocks recently but even China is now going up a lot. As I said before, it is up nearly 50 percent year to date.

November 23, 2015

The Worst President In American History

I thought George Bush would go down in history as the worst President in American history. Along came Obama who is even worse!

November 20, 2015

The 21st Century Will Be The Century Of Asia

If I were twenty something and single I would head straight to Asia. The twenty first century will be the century of Asia.

November 17, 2015

Largest Debtor Nation In The History Of The World

America is now the largest biggest debtor nation in the history of the world. So if you give me a few trillion dollars I will show you a very good time. But in the end someone is going to pay for it.