With H/T to Martin Armstrong...

"Professor Valentina Zharkova gave a presentation of her Climate and the Solar Magnetic Field hypothesis at the Global Warming Policy Foundation in October, 2018. The information she unveiled should shake/wake you up.

Zharkova was one of only two scientists to correctly predict solar cycle 24 would be weaker than cycle 23 — in fact, only 2 out of 150 models predicted this.

Zharkova’s models have run at a 97% accuracy and now suggest a Super Grand Solar Minimum is on the cards beginning 2020.
Grand Solar Minimums are prolonged periods of reduced solar activity, and in the past have gone hand-in-hand with times of global cooling.

The last time we had a GSM (the Maunder Minimum) only two magnetic fields of the sun went out of phase.
This time, all four magnetic fields are going out of phase."

​Click here for both a brief explanation and the full presentation.

After weeks of hearings, Democrats are discovering a simple truth about impeachment. You do not need a crime, but you need clarity, to remove a sitting president. Faced with a country still divided right down the middle on impeaching President Trump, Democrats have reframed an alleged abuse of power as actual crimes of bribery, extortion, and obstruction. These allegations are based on the same spurious interpretations used during the Russia investigation to claim clear proven crimes.

Those "clear established crimes" are absent in this impeachment. Instead, the same experts and House members now claim three new crimes with equal certainty, but even less support under case law. If Democrats continue on this course, it will combine the narrowest impeachment in history with the most dubious claims of criminal conduct.
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NEW YORK— China is eroding America’s military superiority and conventional deterrence through the integration of artificial intelligence (AI) systems in its military strategies, operations, and capabilities, an independent U.S. federal commission warned, adding that the United States needs to step up investment in the technology and apply it to national security missions.​

China’s communist regime has established research and development institutes to advance its military applications of AI. Those institutes are equivalent to the Defense Advanced Research Projects Agency (DARPA)—a U.S. agency under the Department of Defense responsible for the development of emerging technologies for military use. 

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On Thursday, NFL legend Burgess Owens announced that he will be running to represent Utah’s 4th Congressional District as a Republican in 2020.


Owens, whose work outside the NFL has been focused on youth advocacy, made a splash in May when he penned an op-ed for the Wall Street Journal in which he spoke out against reparations for African Americans, a topic that has recently been given a national spotlight.

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The Hunt for Taxes Posted Nov 6, 2019 by Martin Armstrong

QUESTION: As I understand your writings, the € is not a good currency to be in. I’m South African and stay in the Netherlands for 13 years now. I’ve been following you’re advice not to be in €’s and therefore I only have a house here that can be seen as a € investment. I still have an equity portefeulje in South Africa with a 70% exposure to rand-denominated offshore investments(global, with a big USA component). I am however experiencing 2 problems now: 1 The Netherlands tax on worldwide income: not just the growth on the investment portefeulje, but the whole portefeulje! The result: growth on the investment portefeulje are lost due to the taxation in the Netherlands. 1.2% of all the capital are taken and tax at 30%. From 2022 it will be 5.4% at 33%. 2 The instability in South Africa and push for socialism put me at risk to lose the investment portefeulje. The law is very vague, but actually indicates that “stuff”can be taken if it’s in the best interest of the people and country. It only takes the wrong government … From 1 March 2020 South Africa also wants to tax on worldwide income and if your tax rate is lower than 45%, you will pay the difference to South Africa.

Where do you go to keep your hard, earned money safe from governments? I’m thinking about selling a large portion of the investment portefeulje and opening bank accounts in Norway, Sweden, Switzerland just to keep money safe till after the market crash, and then to invest again into the equity market. I also remember that you’ve said that the bank guarantee would only be for x1 €100 000 and not for every €100 000 that you keep in European banks. The European bail-inns are also a big risk. Do you have any other suggestions? By the way: gold is also taxed here in the Netherlands(not just on the gains)
RG

ANSWER: The ONLY place for a European to have a bank account right now is the United States. The list of countries that will report on what you are doing (CRS= Common Reporting Standard) and what you have is as follows:

As of 2018, the signing nations to avoid are:

Albania, Andorra, Antigua and Barbuda, Aruba, Australia, Austria, The Bahamas, Bahrain, Belize, Brazil, Brunei Darussalam, Canada, Chile, China, Cook Islands, Costa Rica, Dominica, Ghana, Grenada, Hong Kong (China), Indonesia, Israel, Japan, Kuwait, Lebanon, Marshall Islands, Macao (China), Malaysia, Mauritius, Monaco, Nauru, New Zealand, Pakistan, Panama, Qatar, Russia, Saint Kitts and Nevis, Samoa, Saint Lucia, Saint Vincent and the Grenadines, Saudi Arabia, Singapore, Sint Maarten, Switzerland, Turkey, United Arab Emirates, Uruguay, Vanuatu

You will notice that the United States and Thailand are two notable exceptions. Right now, they are the only places that are safe for a European. Scandinavia is not on the list, but Sweden has committed to join the CRS. There is a serious risk in Scandinavia.

Make no mistake about it. Europe is looking to also tax worldwide income. The Netherlands has a worldwide income tax form. The top income tax bracket in the Netherlands is 51.95%, plus there is a 30% flat tax on investment income. If you have a residential property in the Netherlands, you must be careful. The Netherlands tax courts look to whether there are “durable” ties of a personal nature with the Netherlands. That excludes pure business, but ties of a personal nature such as the maintenance of a residential property play a more defining role. Residence abroad does not, by itself, exclude the possibility of being considered a tax resident in the Netherlands.

Europeans MUST realize that Worldwide Income Tax is just around the corner. If you have substantial wealth, you may want to look at getting another citizenship. It is going to get much worse there in Europe between now and 2032. You will find the push to impose a wealth tax is fully underway. Switzerland already has an International Wealth Tax which is a levy on the total value of personal assets, including bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses, financial securities, and personal trusts. You have to declare everything you own around the entire world. Then, because Switzerland is part of the CRS, they will share that with every other country. Typically, liabilities (primarily mortgages and other loans) are deducted from an individual’s wealth.

As we move toward 2032, the unfunded liabilities will explode and governments will become EXTREMELY Draconian and impose both the Worldwide Income Tax and the International Wealth Tax. There is no hope; this trend leads only to the destruction of Western Culture. They are only concerned about what is immediately in front of their nose. Be mentally prepared to simply walk away from fixed assets as was the case when Rome collapsed.

Categories: The Hunt for Taxes

Tags: Europe, fixed assets, Income Tax, safe-haven, wealth tax

"Germany suffered two currency collapses in the last century, in 1920-23 and1945-48. The architect of the recovery from the former, Hjalmar Schacht, chose to cooperate with the Nazi successors to the Weimar Republic, and failed. In that of the second, Ludwig Erhard remained true to his free market credentials and succeeded. While they were in different circumstances, comparisons between the two events might give some guidance to politicians faced with similar destructions of their state currencies, which is a growing possibility.” 

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