An example is Israel, when there was an arms embargo they started making their own weapons. When your imported goods become very expensive there is an incentive to start manufacturing your own. You can even grow vegetables in very cold climates, its ...

Britain can't get full single market access with free movement concessions - Merkel

Yes, it starts producing its own

Britain can't get full single market access with free movement concessions - Merkel

Think of it as a business opportunity, If the whisky gets high tariffs the Scotts can then come along and open up a factory inside the EU. Give the Irish some competition

Britain can't get full single market access with free movement concessions - Merkel

It is about time someone stood up to the banksters. Further interest rate cuts will only make the property bubble bigger.

Bank of England governor Mark Carney warns Theresa May not to tell him how to do his job

This is an example of what can happen in the markets. It goes to show that we cannot trade without protection whether we use Stop Loss or an opposite pending order, we need to have something to protect our account. On the other hand, if we trade ...

Pound Plunges 6.1 Percent in Biggest Drop Since Brexit Result

We will see but either way IMO it's all cyclical and some correction will have to take place. On the other hand, some people say that these reports only show that these particular cities are extremely popular and there are plenty of rich people ...

Sydney housing market fourth on global bubble index

My crystal ball tells me that it will start as an oversupply of high rise apartments which will evolve in falling unit prices because people will be unable to get finance and settle for their off the plan purchases. At the same time lending rates ...

Sydney housing market fourth on global bubble index

IMO in the long run the direction of the oil price is down. In 5 years time there will be more electric cars on the road, In 10 years there will be even more....

Poloz: Will take 3 to 5 years for CAD economy to recover from lower oil prices

Sniper2000 Yes I pay all my taxes including FX trading and this year I'm subject to capital gains tax. If there are any tax loopholes in your country then ask your politicians to get them fixed. Here in Aust. only our PPOR (principle place of ...

Europe is going to hit Apple with its largest tax penalty ever

I have no sympathy for big corporations. Hit them hard. They should pay tax locally like everyone else.

Europe is going to hit Apple with its largest tax penalty ever

I don't know if you are aware but another way to tax cheat is through Holland

Europe is going to hit Apple with its largest tax penalty ever

What's the point of that? Unless they carry those guns everywhere they go, they will be at a disadvantage and someone crazy could take them out at anytime. It is much better to stop the crazy types from getting hold of high power weapons. No doubt ...

Dallas PD chief says 3 officers dead after 2 "snipers" shot 10 officers

The problem is very complex, the fact that people can easily obtain guns makes the police assume that anyone involved in an incident carries a gun. Therefore some policemen will shoot first and ask questions later. The only answer is gun control, ...

Dallas PD chief says 3 officers dead after 2 "snipers" shot 10 officers

Amen to that

S&P cuts Australia credit rating outlook to negative

We need tax increases. Governments see this but they don't have the guts to do what is needed. It amazes me how incompetent politicians are these days. We elect them to solve the problems and not to be liked on facebook....

S&P cuts Australia credit rating outlook to negative

These days there are no safe heavens. If we make money and hide it, one day we will be caught. Better to declare it and to find legit ways to reduce our tax. This applies to trading money as well. Even Swiss banks are now sending client lists to the ...

Lionel Messi Sentenced To Jail In Tax Case

No the Germans are not going to pay because they hold the key to the printing press. IMO Debt write off is the answer and the sooner they realize it the quicker the recovery . Printing money to write off debt is not inflationary so ECB and other ...

Italy could be on a collision course for two key reasons

It should gap down but don't be surprised if it is an up day

Turnbull Confident of Forming Government Despite Election Limbo

Think about it. I (like many others) will never vote for a politician who has links to offshore companies. He could be ok as a businessman but when he chooses to link himself to a tax haven he does not deserve to hold any public position and more so ...

Turnbull Confident of Forming Government Despite Election Limbo

A super expensive place like London is always going to be expensive it's just that it won't hurt as much as before

Brexit Sends Tourists Flocking to London to ‘Buy, Buy, Buy’