The Perfect Storm – 12.12.2016

Populism in America. China is not a currency manipulator. City profile: Houston. Stock market comment. Italy’s inability to reform. The culprit: the euro. It is illegal in much of the U.S. to assist the homeless! The U.S. trade deficit widens again. Financial markets heading straight into a perfect storm of central bank failure, bond market carnage, a worldwide recession and a spectacular fiscal bloodbath in Washington. Russia hacking the U.S.? Doesn’t America do exactly the same thing worldwide? Singapore leads the world in education rankings.