COMMENT: Martin, I simply needed to commend you in your capital movement fashions. Anybody who doesn’t acknowledge that could 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 america to Europe, they’re pretend information and inaccurate analysts. They don’t perceive how issues work. You’re right about European intimidation to bringing money and investments residence. 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 As your laptop tracks, capital is being withdrawn globally in preparation for warfare.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 respected asset in occasions of such uncertainty.
God bless.
EKL
REPLY: Sure, you’re right. We’re watching capital contracting into each america and Europe. It’s even leaving Canada and Mexico. When Claudia Sheinbaum, a leftist, turned president on Oct. 1, the primary lady to ever govern Mexico, many had their doubts about how she would deal with the connection with america, particularly if Trump gained the election. She has stood up high some calling to enter Mexico and destroy the drug cartels. She opposes that concept, however some consider that there may very well be a warfare with Mexico over the drug subject. We see the capital fleeing Mexico primarily based on these rumors proper now.
In Canada, there’s each capital fleeing and Canadians. This newly unelected PM Carney is simply speaking about RESIST whereas he distracts the individuals from the financial points. So, precisely what does “resist” imply? Extra tariffs? Some politicians are claiming Trump will annex Canada. That’s merely inconceivable below US or Worldwide regulation. Economically, this doesn’t bode properly for the longer term.
