Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on July 2, 2016
The defeat of the “remains” on June 23 was one of the great days in my life. Yet I am an American. Why should I care? Answer: because I have been opposed to the New World Order for over half a century. I have watched these clever people pull off the final phase of the […]
Continue reading →Written by Gary North on May 21, 2016
Britain will vote next month on whether to leave the European Union. I dearly hope the voters vote yes. Here is a fine documentary on the monstrosity of the EU. It took a lot of money to make it. Millions should have seen it. Yet fewer than 400,000 have (multiple postings). Voters are unaware of […]
Continue reading →Written by Gary North on May 7, 2016
Nigel Farage is a public speaker in the old British tradition. He is reminiscent of Dr. Enoch Powell, the master of confrontational rhetoric in the 1960’s: “Take no prisoners.” He is not in the Parliament of the European Union as a member of the loyal opposition. He is there to expose it as deceptive and […]
Continue reading →Written by Gary North on November 7, 2015
At the same time, this is only the beginning of the crisis, because the conditions inciting people to flee their homelands will only worsen. And the EU, many of whose members have the world’s largest and best-equipped welfare systems, appears to be overwhelmed by it — politically, morally, and administratively. This paralysis creates a significant […]
Continue reading →Written by Gary North on October 3, 2015
Europe is humanistic. “Religion doesn’t divide us any more.” Europe is liberal. “We’re all liberals here.” Europe has a huge welfare state. “Come and get it!” Europe does not reproduce at replacement rate: 2.1 children per woman. “The future is irrelevant.” Here comes the future! To read about the situation in Germany, click the link.
Continue reading →Written by Gary North on April 1, 2015
For over 200 years, inefficient farmers in Europe have battled the free market, which favors efficient farmers. Meanwhile, inefficient American farmers have for 80 years demanded price supports from Congress to deal with efficient American farmers. Farmers are the bulwarks of government bailouts and subsidies. On April 1, the European Union ended import quotas on […]
Continue reading →Written by Gary North on January 26, 2015
Greek voters have elected a Marxist political party. The party ran on this slogan: “Spend, spend, spend.” It is a popular slogan. The party will start ramping up the welfare dole. It’s Keynesian welfarism forever! But where will it get the money? There are two ways: (1) default on the government’s debt to large European […]
Continue reading →Posted on January 13, 2015
An interview with financial expert Gerard Minack, a bear. Fairfax: What are the big global risks you see out there in the coming few years? GM: The biggest bubble out there is central bank credibility. If Draghi was a stock he’d be on a P/E of 200. Yellen’s on 100. When that bubble pops, all hell […]
Continue reading →Posted on April 8, 2014
Whether or not the European Central Bank will take the quantitative-easing plunge is on the minds of investors around the world, including in the U.S. But in the end, the decision, or at least it’s timing, could revolve around German holiday-makers and the prices they pay for their spring vacations, argues Standard Bank’s Steven Barrow. […]
Continue reading →Posted on March 18, 2014
The borders of Europe have been static since the breakups of the Soviet Union, Czechoslovakia and Yugoslavia, and the reunification of Germany, but look set to shift shortly, if the Duma in Moscow ratifies the stated desire of a Crimean majority to quit Ukraine for Russia. But a broader perspective, taking into account the past […]
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