Week in Review – Markets

Something BIG is brewing in the World Economy. We are definitely getting closer to the point when everyone starts to say OMG! What is going on? The US 2016 Elections are shaping up to be very interesting. They reflect the degree of how we are on such a tight-rope tottering before a fall. But which way? We have the BREXIT poll starting to be so overwhelming for exit, it is hard for the press to even cover it up. We have Merkel who is very lucky she is not being tarred & feathered. Her decision to allow refugees into Germany reflects everything that is wrong with the EU. She has torn Europe apart and it demonstrates that all other member states had no right to even object. This was her personal unilateral decision that now all of Europe must deal with. There was no unified vote. This was Merkel trying to make person of the year and capture the Nobel Peace Prize. Nobody bothered to tell her she has to want to invade a country to get the Peace Prize like Obama. This is a bullshit prize and handing it to Obama proved that point.

This post was published at Armstrong Economics on Jun 10, 2016.