Posts Tagged ‘government’

  • One Example of How a Good and Simple Tax Should Work

    21.11.2017 • IndiaComments Off on One Example of How a Good and Simple Tax Should Work

    India's Tax System Needs an Immediate Reform

  • India Lowered Sales Tax, Yet Nothing is Cheaper

    20.11.2017 • IndiaComments Off on India Lowered Sales Tax, Yet Nothing is Cheaper

    The GST on restaurant bills was recently cut to 5%. Earlier it was 12% to 18% depending on whether the restaurant was air-conditioned. Hence, the cost of eating out was expected to come down, with the rate being slashed. Nevertheless, nothing of that sort

  • The Coming Budget Rework Means Major Cutbacks for the EU

    20.11.2017 • United KingdomComments Off on The Coming Budget Rework Means Major Cutbacks for the EU

    Why do you care? Because the centre of Europe is not holding together when it needs to most. With more elections to come, and past elections causing a steady stream of trouble for the establishment, it’s important to take note that even the EU heartland of

  • How Apple Could Spark a Capitalist Revolution in N. Korea

    17.11.2017 • United KingdomComments Off on How Apple Could Spark a Capitalist Revolution in N. Korea

    Plunging rare earth metal prices could trigger revolutions in battery technology. And make your consumer electronics vastly cheaper. Battery-powered cars, solar power, and many other technologies could suddenly become far more viable. The only problem is, the

  • Earn a Free Holiday to S. Korea!

    14.11.2017 • United KingdomComments Off on Earn a Free Holiday to S. Korea!

    At a $1,900 premium per bitcoin in South Korea, a moderately wealthy Brit could buy a few bitcoin, go on holiday in Korea, sell the bitcoin there, enjoy a week-long vacation, return home, and still make a profit of over £1,000.

  • When Will Venezuela Default on Its Bonds?

    14.11.2017 • United StatesComments Off on When Will Venezuela Default on Its Bonds?

    In one of the funniest shows in modern capitalism, bondholders were invited to a special meeting in the Venezuelan capital. A few turned up. They wanted to know what to expect.The meeting lasted 30 minutes. No questions were allowed. And then, less than 24

  • How the British Government Is Ruining Brexit

    13.11.2017 • United KingdomComments Off on How the British Government Is Ruining Brexit

    There are two ways to muck up Brexit. The first is to fail to leave the EU at all, or to allow Britain to distance itself from the EU on key issues. The second way is to go about ruining Britain once we’re back in control. Anyway, the government is hard at

  • Jerome Powell: Fed Chief and Swamp Critter Extraordinaire

    08.11.2017 • United StatesComments Off on Jerome Powell: Fed Chief and Swamp Critter Extraordinaire

    If you run over a pedestrian in Washington, D.C., it might be wise to keep going. Because the person under your bumper could be a swamp rat. In fact, it could be Jerome Powell, whom President Trump just chose to replace Janet Yellen at the Fed.

  • Powell Could Have a Thunderbolt Up His Sleeve

    08.11.2017 • United KingdomComments Off on Powell Could Have a Thunderbolt Up His Sleeve

    There’s a new god atop Mount Olympus. Jerome Powell will be Donald Trump’s nominee for next chair of the Federal Reserve. Given the Fed’s importance, he’ll be the new Zeus of central banking gods.

  • Politicians Disapprove of Tax Havens… Even If They’re Responsible

    08.11.2017 • United KingdomComments Off on Politicians Disapprove of Tax Havens… Even If They’re Responsible

    The rules designed by politicians and their minions allow wealthy people to minimize taxes by keeping their investments overseas where tax rates are lower. If politicians had a problem with this, they would’ve changed the rules at some point in the last few

  • Why Indian Politicians Need to Use Aadhar

    08.11.2017 • IndiaComments Off on Why Indian Politicians Need to Use Aadhar

    It is almost impossible to carry out any transaction with the government without an Aadhar card. But, while ordinary citizens, like you and I, need to keep showing and linking our Aadhar card everywhere, the same does not apply to politicians and political

  • The Next Bubble Will Start with Uncle Sam

    02.11.2017 • United KingdomComments Off on The Next Bubble Will Start with Uncle Sam

    Government debt is enormous. And it’s managed a 35-year bull market. With yields at or near zero in both real and nominal terms, it has reached its logical end just about everywhere in the developed world. If the government debt bubble bursts, it’ll be a

  • India’s Modi Government Will Survive the Next Election

    01.11.2017 • IndiaComments Off on India’s Modi Government Will Survive the Next Election

    Prime minister Narendra Modi will visit Gujarat the third time this month. In the run-up to the state assembly elections, he will inaugurate and lay the foundation stones to a number of projects. Modi's multiple visits to Gujarat have led to the question - is

  • Spanish Stocks Soar Despite Catalonia’s Succession

    27.10.2017 • United StatesComments Off on Spanish Stocks Soar Despite Catalonia’s Succession

    Investors are shrugging off calls for Catalan independence… The local parliament of the wealthy region in northeastern Spain declared independence today. In response, Spain says it will strip the local parliament of its powers and impose direct rule from

  • These Politicians Should Be Banned From Receiving Cash Donations

    26.10.2017 • IndiaComments Off on These Politicians Should Be Banned From Receiving Cash Donations

    If the idea is to eliminate black money, why are political parties allowed to collect donations in cash, in this day and age. If the idea is to encourage digital transactions, why can't PM Modi and the BJP, set an example on this front and ensure that the BJP

  • Japan Tries to Trick the Economy with Fake Money

    25.10.2017 • United StatesComments Off on Japan Tries to Trick the Economy with Fake Money

    Bill Bonner – Bill Bonner’s Diary (United States) – LISBON, PORTUGAL – In Japan, incumbent prime minister Shinzō Abe has won a new super majority in parliament. And you know what that means? More laughs.     Dumbbell Policies

  • Recapitalization Won’t Fix India’s Public Sector Banks’ Problem

    25.10.2017 • IndiaComments Off on Recapitalization Won’t Fix India’s Public Sector Banks’ Problem

    Vivek Kaul – Vivek Kaul’s Diary (India) – One of the examples of Big Government I have in my book India’s Big Government is that of government owned public sector banks. (The good news is that the book is available at a huge discount

  • If Brexit is a Success, Other Countries Will Follow

    24.10.2017 • United KingdomComments Off on If Brexit is a Success, Other Countries Will Follow

    Nick Hubble – Capital and Conflict (United Kingdom) – If you haven’t got your name down for Sam Volkering’s free cryptocurrency webinar tonight at 6pm, you need to do it now. If you want to know how people are more than tripling their money on

  • Over 44% of Indian Workers Are Now Self-Employed

    23.10.2017 • IndiaComments Off on Over 44% of Indian Workers Are Now Self-Employed

    Vivek Kaul – Vivek Kaul’s Diary (India) – Has Arun Jaitley Been Reading India’s Big Government? Oct 23, 2017 Self-employment is the new buzzword in the Narendra Modi government. And it is going to rescue the one million youth that are

  • I Don’t Buy It and Neither Should You

    19.10.2017 • United StatesComments Off on I Don’t Buy It and Neither Should You

    Bill Bonner – Bill Bonner’s Diary (United States) – POITOU, FRANCE – “Trump did this…” “Trump did that…” The news media can barely keep up with him. Sometimes, the calumnies against the president are idle gossip. Sometimes,

  • India Needs More Tourists at the Taj Mahal

    17.10.2017 • IndiaComments Off on India Needs More Tourists at the Taj Mahal

    Vivek Kaul – Vivek Kaul’s Diary (India) – No Honks in Bali – Lessons for Indian Tourism Oct 17, 2017 I recently spent a week in the island of Bali and was left really impressed with it. As soon as the taxi left the airport and moved

  • How This Bull Market Ends

    17.10.2017 • United StatesComments Off on How This Bull Market Ends

    Bill Bonner – Bill Bonner’s Diary (United States) – PARIS – Whoa! Bitcoin is up $1,457 since the start of the month; at writing, one bitcoin sells for $5,670. Look at the Dow. It is on its way to 23,000. And don’t even mention the tech

  • Thanks to Trump, the Biotech Sector Is About to Sky Rocket

    16.10.2017 • United StatesComments Off on Thanks to Trump, the Biotech Sector Is About to Sky Rocket

    Back in March, President Trump tweeted that drug companies “are getting away with murder” with their high prices. But according to a recently leaked White House memo, he’s now about to ease regulations on them.

  • The More Informed You Are – the More Likely You’re Wrong

    16.10.2017 • United KingdomComments Off on The More Informed You Are – the More Likely You’re Wrong

    It’s impossible to have an informed opinion on any economic or government policy. The figures are consistently proven wrong. Recently, the US and Britain both reported trade surpluses with each other. The latest “revision” says: “Half a trillion