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| Capital of Haiti this week |
Business is dropping gradually in Silicon Valley with job cuts all around, hotels and tourism spots and conferences are being impacted due to dirtiness of SFO city and the drugs and needles found everywhere in city streets who don't even have sufficient money to clean up.
Never a dull day in Chicago, at least 50 people are killed every week in the homicide city of America. Now protests escalating further.
Saudi Arabia
As we have warned for 4 years, entire GCC will empty up. This will cause almost all businesses to collapse.
Now data is coming out and more international media is reporting on it.
Job cuts and businesses are closing at an alarming rate with thousands who have run away, millions deported and hundreds of thousands jobless across GCC. Sadly, worse is yet to come. We are not even half way through this collapse.
But it is old news for us and our followers.
UAE
Abu Dhabi does not have money for paying it's own guaranteed bonds. Who would have thought of this even 5 short years ago, except us (since 2015).
India
Again, we have said this for almost a decade that India is not a place to invest (except for stock market punters where 80% of all listed stocks are having major losses). Real businesses simply cannot survive no matter how much money or ideas they come armed with.
From real estate to banking sector to trade or exporters, almost everyone is dying.
Whoever remains, Indians are very happy to physically rape them or lynch them.
Now noted economist, Amartya Sen agrees with us.
Now noted economist, Amartya Sen agrees with us.
50% of Indian economy runs on parallel economy (i.e. black money).
Halting Mauritius suddenly is like economic suicide but who is going to inform PM Modi? It should have been done over a 4-5 year period and no one would have noticed it.
Now India stands at very difficult crossroads since this illegal money which is present in the Indian economy (and then sent abroad illegally) cannot come back to India as "FDI" or "investment" since it's stranded abroad.
Bridges falling, buildings collapsing, schools and universities closed, business is halted in one of the largest cities in the world for the 4thday in a row – What a shame
One city, Mumbai, is sinking in water due to deforestation (because of corruption) and the other major city of India (New Delhi) is dying!
Canada
For the first time in 90 years, all of Western Canada will not be connected by Greyhound as all bus routes will be halted on Oct 31, 2018. Over 415 direct jobs impacted.
Trump tariffs are just on their way and Canadians have already started having a heart attack.
Bankruptcy looms on almost one third of Canada! What will they do when BoC actually does 2-3 hikes in 2018?
Philippines
It is very sad that Philippines Govt was unable to stand up to the few billionaires running this country and is almost at the verge keeping the same rules as previously for foreign investors. Philippines remains the weakest country in the region for receiving FDI.
There are 2 hopes still.
The law could be changed at the last minute because this is still a draft despite being almost 1 year late.
Secondly, there are very good chances that Federalism will win in Philippines in 2019. If this happens, there will be better chances of allowing foreigners to invest here.
But for 2018, it is not a good thing for Philippines.
A courier company that is rising like never before just like the food chains or banks of Philippines! Go Philippines Go!
Singapore
Singapore just slapped the highest fee of any country in the world on foreign home buyers.
This will make it difficult for existing sellers to sell.
Canada is at 15%, Dubai is at 4%. Australia is at 7%. UK is at 12%. Philippines is at 0%. Which is why most Chinese buyers are now moving to Philippines in droves. But shhhhh...please don't tell anyone.
“With the latest increase, Singaporeans buying a second home must pay an extra 12% of the property value in stamp duty, up from 7% previously, while foreigners without residency status must cough up 20%, instead of 15%.
Among the property stocks, City Developments plunged 16% while UOL Group fell 13% in late trading. CapitaLand, which is less exposed to Singapore's private residential market, fell 5%.”
UK
Banking/Fraud
Is there any bank in the world that does not specialise in money laundering?
Haiti
With one rise in fuel, then revoked, yet the President had to run away from his country, hotels burned, flights suspended, ports shut down, entire country of Haiti is in anarchy with hundreds of tourists stranded in Haiti and most roads shut with burning tyres.
The anger is against the rich people and many houses, buildings and businesses belonging to the elites have also been burnt.
France
France is having riots or terror attacks at a speed of one a month since 2016, this should become once a week within the next 6 months, as the refugees continue to pour in.
Bosnia
Public anger is on the rise worldwide, with stress of unemployment, hyperinflation and then police brutality. In most countries, people have the guts to stand up to the Govt and ask for change. Italy, Spain, Mexico etc have seen massive votes in favour of change.
Iran
Iran currency has dropped 50% just in 2018. Water scarcity is all across Iran. Business could not be in worst shape than this.
Protests have been ongoing since last month. First was truckers, now it is about water unavailability.
Police brutality on a suppressed nation is going to turn extremely violent in the months ahead as "regime change" plan of Trump keeps moving ahead.
Most people do not know that Donald Trump had personally visited Tehran in 1978 with Jack Nicholson and Warren Beatty and had plans to build a casino which were all suspended after the 1979 revolution.
Maybe we will see a Trump casino starting up after 2020 in Iran, once the regime change has been executed hopefully.
Nicaragua
Nicaragua is also in a very bad shape, once again.
No wonder, with so many riots or protests going on in the world, there is no business which is booming anywhere in the world.
We have not even covered all the other riots or protests or job cuts of South Africa, Cameroon, Mexico, Colombia, Yemen, Syria, India, Bangladesh, Sweden, Germany and many more that are leading us all into a global depression.
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