Monthly Archives: June 2012

A tax, by any other name, is still a tax. Obamacare creates or increases 21 taxes. 2 Updates

Affordable Health Care act of 2009, with the help of the US Supreme Court, creates the largest tax increase in American History The Supreme Court of the United States today upheld the constitutionality of the Affordable Health Care Act of … Continue reading

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What will Crush the Great United States of America?

We at GeoffTalk.com have written many posts about the accelerating, enormous, US debt burden, which is positioned to crush the American Culture, our status as the only Superpower in the World, and the source of the World’s Reserve Currency, the … Continue reading

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Maxine, when you seek wisdom to help decide,

she helps you put everything into perspective… Submitted for posting by GeoffTalk.com reader Ron Mizuno A ‘tip o’ the hat’ to Ron Mizuno of Honolulu, Hawaii Geoff

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It’s time to take another Break!

Let’s take a break from our leaderless world of the insipid and incompetent Eurozone, the hopeless gridlock of the US political system, the economic free markets that are now continually manipulated, Japan lying to the world about its spreading nuclear … Continue reading

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Zero Percent Chance Euro Survives in it’s Current Form

John Taylor of FX Concepts, gave an interesting interview with Bloomberg today. Key takeaways, Greece needs to leave the Euro. Short run, FX Concepts holds Euros, but long run, they expect it to head towards parity with the U.S dollar. … Continue reading

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Some Policy Makers are Catching on: Most bank risk models are rubbish

Echoing the message Nassim Taleb has been proclaiming for some time, risk models, such as Value at Risk, do a poor job at reflecting reality. Many are predicated on normal, or Gaussian distributions. The challenge for regulators is to not screw … Continue reading

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The Greek June 17 elections, won by the ‘Pro-Euro’ parties, amount to nothing more that the ‘can’ kicked down the road a few months.

The the Greek elections resulted in favorable positions for pro-bailout New Democracy. While the election results that seemed to take some weight off of the shoulders of some financial market participants, nothing has really been resolved. It’s really quite fascinating … Continue reading

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Bob Chapman, Founder of The International Forecaster, passes

Robert John Chapman October 16, 1935 – June 4, 2012 Robert “Bob” John Chapman, age 76, of Winter Haven, FL (formerly of Mexico) died Monday, June 4, 2012 due to pancreatic cancer. He was born October 16, 1935 in Boston, … Continue reading

Posted in Asia, Catastrophe, China, Commodities, Debt, Derivatives, Due Diligence, Economics, EU, forex, Fragile Markets, Geoff Yuen, Government, John McClelland, Monetary, Philosophy, Politics, Public Service, USA | Tagged , | 1 Comment

Let’s get down to ‘brass tacks’ about the economy…

Straight Talk from Charles Biderman of Trim Tabs Investment Research, … we cannot go on annually printing $1.3 trillion to produce $250 billion additional revenue per year… Geoff

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Nigel Farage pulls no punches in declaring the end of the Euro

Nigel Farage of the United Kingdom sums the lunacy of the Eurozone bailouts and declares, “you couldn’t make this up” concluding that “the Euro Titanic has now hit the Iceberg and sadly there simply aren’t enough lifeboats.” Geoff

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