COMMENT: Martin, I simply needed to commend you in your capital movement fashions. Anybody who doesn’t acknowledge that may be a fraud and never reliable. As your clip confirmed from 1991, everybody knew you invented that evaluation. Whereas others declare that capital is fleeing from the USA to Europe, they’re pretend information and inaccurate analysts. They don’t perceive how issues work. You might be right about European intimidation to bringing money and investments house. Nevertheless, that’s solely among the many regulated establishments that may be threatened. As your laptop tracks, capital is being withdrawn globally in preparation for warfare.
We couldn’t make choices in our boardroom with out consulting Socrates anymore. It’s unbiased and that’s the most useful asset in occasions of such uncertainty.
God bless.
EKL
REPLY: Sure, you might be right. We’re watching capital contracting into each the USA and Europe. It’s even leaving Canada and Mexico. When Claudia Sheinbaum, a leftist, grew to become president on Oct. 1, the primary girl to ever govern Mexico, many had their doubts about how she would deal with the connection with the USA, particularly if Trump gained the election. She has stood up prime some calling to enter Mexico and destroy the drug cartels. She opposes that concept, however some imagine that there may very well be a warfare with Mexico over the drug situation. We see the capital fleeing Mexico based mostly on these rumors proper now.
In Canada, there may be each capital fleeing and Canadians. This newly unelected PM Carney is barely speaking about RESIST whereas he distracts the folks from the financial points. So, precisely what does “resist” imply? Extra tariffs? Some politicians are claiming Trump will annex Canada. That’s merely not possible underneath US or Worldwide regulation. Economically, this doesn’t bode nicely for the long run.
