Financial & Economic Updates

Financial, Economic and Social Mood Update (April 2, 2017)

Financial, Economic and Social Mood Update (April 2, 2017) The nominal stock market is still near record high (nominal) values, but like I said in last month’s update, the purchasing power of the American Dollar has greatly diminished. One of the most astute commentators today is Mr. David Stockman, former Budget Director under the late U.S. President Ronald Wilson Reagan. Mr. Stockman points out that regardless of which of the two large U.S. political parties has a governing majority (either the Democratic Party or the Republican Party), the USA has slid so far down with respect to its massive debt burden that we have literally passed the point of no return – as Patrick Buchanan says (he is yet another veteran of the Reagan Administration), the USA is clearly becoming a Third World Country. Mr. Stockman points out that regardless of what current U.S. President Donald … [Read More...]

US Dollar Loss of Purchasing Power (March 1, 2017)

Financial, Economic and Social Mood Update (March 1, 2017) The nominal stock market is demonstrating amazing robustness. The Dow Jones 30 Industrials Index hit an all-time record high value of 21,162 on March 1, 2017. The Wilshire 5000 Index (which includes all publicly listed corporations in the USA) hit an all-time record high value of 25,009 on the same date. But the “real” value of money is much more significant than its nominal value or denomination. In terms of the value of gold bullion (the only true global “currency” or medium of financial exchange), the US Dollar has lost a whopping 64 percent of its purchasing power since 1999 or 18 years ago. By comparison, one of the worst economies on earth today (Venezuela) has seen the “real” value of its national stock market crash by 76 percent in the 10 years since 2007. By this assessment, the USA is not that much … [Read More...]

New President of the US Donald J. Trump (February 4, 2017)

The big date was January 20, 2017 – the inauguration of Donald J. Trump as the 45th President of the United States (POTUS). This marked not merely a changing of the administration in the USA, but more importantly a key element in the overturning of the existing global power structure going back at least to 1944. The main source of power in the world is the “creation” of money. The respective central or national banks of the world perform this all important function, and certain central banks are more important than others. Those which come to mind today include the central banks of the USA (the Federal Reserve System), the UK (the Bank of England), the EU (the European or German Central Bank in Frankfurt), Switzerland, Japan and the much newer BRICS bloc. “BRICS” stands for Brazil, Russia, India, China and South Africa. Above the central banking system of individual … [Read More...]

Money Saving and Investment Tips

New President of the US Donald J. Trump (February 4, 2017)

The big date was January 20, 2017 – the inauguration of Donald J. Trump as the 45th President of the United States (POTUS). This marked not merely a changing of the administration in the USA, but more importantly a key element in the overturning of the existing global power structure going back at least to 1944. The main source of power in the world is the “creation” of money. The respective central or national banks of the world perform this all important function, and certain central banks are more important than others. Those which come to mind today include the central banks of the USA (the Federal Reserve System), the UK (the Bank of England), the EU (the European or German Central Bank in Frankfurt), Switzerland, Japan and the much newer BRICS bloc. “BRICS” stands for Brazil, Russia, India, China and South Africa. Above the central banking system of individual … [Read More...]

The Demise of Liberalism and Left Wing Governments (January 1, 2017)

Financial, Economic and Social Mood Update (January 1, 2017) So-called “liberal” and left-wing governments are in a broad retreat all over the world. Even Vice President Joe Biden of the USA said in December 2016 that Germany and Canada are the last two major (i.e., most powerful and most affluent) government stalwarts of this so-called grouping. The much anticipated and long awaited “Global Economic Reset” (actually a global currency reset which determines the ranking of worldwide reserve currencies held by central banks, commercial banks, investment banks, corporations and individuals) is upon us at the start of the year A.D. 2017. The baton has been held by the US Dollar since it overtook the GBP British Pound Sterling in 1944. The “Special Drawing Rights” (SDR) held by the IMF, World Bank and other supra national quasi-public sector central banks is about to shift … [Read More...]

Financial, Economic and Social Mood Update (November 1, 2016)

Financial, Economic and Social Mood Update (November 1, 2016) The Dow Jones 30 Industrials Index reached a new nominal high value on August 15, 2016 and this record is still in place – the index remains about 800 points below the record as of November 1, 2016. There is a need to rise above the chatter and the nonsense of the body politic in much of the world and assess where we now are and where we are going in the near future. Much (but not all) of the formerly industrialized world is in decline – this is evident in the per capita GDP rankings which I discussed in last month’s update. The USA is on the cusp of becoming a de facto Third World country. The overwhelming majority of Americans are recipients or so-called “beneficiaries” of a massive socialist welfare state. They are being supported or held up by a tiny minority of Americans who still support the US … [Read More...]

Financial Terms and Dictionary

The Demise of Liberalism and Left Wing Governments (January 1, 2017)

Financial, Economic and Social Mood Update (January 1, 2017) So-called “liberal” and left-wing governments are in a broad retreat all over the world. Even Vice President Joe Biden of the USA said in December 2016 that Germany and Canada are the last two major (i.e., most powerful and most affluent) government stalwarts of this so-called grouping. The much anticipated and long awaited “Global Economic Reset” (actually a global currency reset which determines the ranking of worldwide reserve currencies held by central banks, commercial banks, investment banks, corporations and individuals) is upon us at the start of the year A.D. 2017. The baton has been held by the US Dollar since it overtook the GBP British Pound Sterling in 1944. The “Special Drawing Rights” (SDR) held by the IMF, World Bank and other supra national quasi-public sector central banks is about to shift … [Read More...]

Terminology of Financial and Economic Words & Phrases in Plain English

Terminology 1. Quantitative Easing: This is the term given to the policy of the US Federal Reserve System under the leadership of Chairman Ben Bernanke. The Fed is supposedly trying to keep interest rates / yields low (which it cannot do). The reason the Fed has no power over interest rates and bond yields is because the broader global market is simply too large to influence, even for a country as large as the USA. Quantitative easing is also supposed to stimulate economic growth, much like low interest rates and bond yields. The Fed leadership believes that with ever more credit (i.e., debt) there will be more economic activity. The problem is that there is so much credit (debt) in the system since the US Federal Reserve System was established in 1913 that we have simply reached and surpassed the point of saturation. Plainly put, the American economy is already drowning … [Read More...]

Bookstore

The Demise of Liberalism and Left Wing Governments (January 1, 2017)

Financial, Economic and Social Mood Update (January 1, 2017) So-called “liberal” and left-wing governments are in a broad retreat all over the world. Even Vice President Joe Biden of the USA said in December 2016 that Germany and Canada are the last two major (i.e., most powerful and most affluent) government stalwarts of this so-called grouping. The much anticipated and long awaited “Global Economic Reset” (actually a global currency reset which determines the ranking of worldwide reserve currencies held by central banks, commercial banks, investment banks, corporations and individuals) is upon us at the start of the year A.D. 2017. The baton has been held by the US Dollar since it overtook the GBP British Pound Sterling in 1944. The “Special Drawing Rights” (SDR) held by the IMF, World Bank and other supra national quasi-public sector central banks is about to shift … [Read More...]

Welcome to our Online Bookstore

Welcome to my Online CreateSpace Store (an Amazon.com subsidiary Company) to purchase my books directly from the Publisher-Printer: Volkswagen: a Car for the People - a Success Story - 2nd Edition Volkswagen: ein Wagen fuer das Volk - eine Geschichte des Erfolgs Authored by Mr. Marc E. Nonnenkamp Edition: 2 This is the second edition of "Volkswagen: a Car for the People - a Success Story." The first edition was published in 2011 and has been read by more than 39,000 people from 185 countries. It has been most popular among air-cooled Volkswagen enthusiasts. The book tells the fascinating story of the history behind Volkswagen, especially behind the original air-cooled Volkswagen Beetle Sedan and its many derivatives. The history began with Dr. Ferdinand Porsche, Sr., his contemporary Dr. Hans Ledwinka and with their unique engineering ideas including … [Read More...]

Book Articles by Marc Nonnenkamp

The Demise of Liberalism and Left Wing Governments (January 1, 2017)

Financial, Economic and Social Mood Update (January 1, 2017) So-called “liberal” and left-wing governments are in a broad retreat all over the world. Even Vice President Joe Biden of the USA said in December 2016 that Germany and Canada are the last two major (i.e., most powerful and most affluent) government stalwarts of this so-called grouping. The much anticipated and long awaited “Global Economic Reset” (actually a global currency reset which determines the ranking of worldwide reserve currencies held by central banks, commercial banks, investment banks, corporations and individuals) is upon us at the start of the year A.D. 2017. The baton has been held by the US Dollar since it overtook the GBP British Pound Sterling in 1944. The “Special Drawing Rights” (SDR) held by the IMF, World Bank and other supra national quasi-public sector central banks is about to shift … [Read More...]

The German & the Austrian Navies – Volume 2: 2nd Edition

Marc E. Nonnenkamp has published five (5) books about the German-speaking navies of the world, the four (4) most recent books through CreateSpace in a first and a second edition of a two-volume series. The first edition of the series was released in 2011 and this new second edition has been published in 2015. The books have been read by more than 72,000 people from 187 countries on all 6 inhabited continents. The first edition featured 60 black & white illustrations in two volumes, whereas the second edition has 270 color illustrations (where the original illustrations were made in color). German-speaking navies have come from Germany, Austria and from former political entities such as West Germany (1949-1990), East Germany (1949-1990), Austria-Hungary (1867-1918), Austria-Venice, the North German Federation (1867-1871), Brandenburg-Prussia, the Holy Roman Empire of the … [Read More...]

The German and the Austrian Navies: Volume One – Second Edition

This is the second edition of "The German and the Austrian Navies" - Volume One by self-published author Marc E. Nonnenkamp. A full time royalty accountant and auditor for US federal crude oil, natural gas and coal royalties has written about one of his favorite subjects - this is a unique and comprehensive literary catalog history of named vessels which have served in the German-speaking Navies of the world. The author's paternal grandfather served in the interwar German "Reichsmarine" from 1924-1936 and his late cousin Gerd Nonnenkamp served in the postwar "Bundesmarine" during the 1960s and 1970s. The first edition of Volume One featured 36 Black & White Illustrations, whereas this second edition of Volume One has 153 mostly color illustrations (where the original illustration was in color) - hence the higher retail price which was set by the publishing company and not by … [Read More...]

Volkswagen: a Car for the People – a Success Story (by Marc Nonnenkamp)

Volkswagen: a Car for the People - a Success Story - 2nd Edition Volkswagen: ein Wagen fuer das Volk - eine Geschichte des Erfolgs Authored by Mr. Marc E. Nonnenkamp Edition: 2 This is the second edition of "Volkswagen: a Car for the People - a Success Story." The first edition was published in 2011 and has been read by more than 39,000 people from 185 countries. It has been most popular among air-cooled Volkswagen enthusiasts. The book tells the fascinating story of the history behind Volkswagen, especially behind the original air-cooled Volkswagen Beetle Sedan and its many derivatives. The history began with Dr. Ferdinand Porsche, Sr., his contemporary Dr. Hans Ledwinka and with their unique engineering ideas including horizontally-opposed cylinders (the "boxer motor" still manufactured by Porsche and by Fuji-Subaru), air-cooling (still manufactured by Tatra of … [Read More...]

Scale Model Collectible Cars – with selective Catalogue Histories for Lesney Matchbox Toys

Part of being an automobile enthusiast is not merely being interested in the “real thing” but also in scale-model collectible diecast cars and trucks. My collection consists of 7,206 scale models, figurines, catalogues, brochures, leaflets, flyers, illustrations, books, magazines, audios and videos. Of the 1,236 wheeled vehicles, 589 are from the “Matchbox / Dinky” brand group (plus 27 “Dinky” and 37 “Hot Wheels” vehicles), 242 are “Corgi,” 44 are “Minichamps / Paul’s Model Art,” 46 are from the “Schuco” Group (i.e. Schuco, Gama and Schabak), 19 are “Wiking,” 13 are “Welly,” 40 are “Maisto,” 10 are wooden models (of cars and sailing ships), 12 are “IXO-IST,” 17 are “Brekina,” 6 are “Hongwell,” 5 are “Vitesse,” 4 are “Rio,” 5 are “Solido,” 4 are “Ertl,” 3 are “Igra,” 3 are “Franklin Mint,” 10 are “Kinsmart,” 6 are “Premium Classixxs,” 5 are “Yat Ming,” 2 each are “New Ray,” … [Read More...]

The Borromeo Family of Cebu

Borromeo: Part of the Fabric of the Philippines Included in “The Borromeo Family of Cebu” by Marc E. Nonnenkamp (ISBN 978-1460908082 now available on www.amazon.com through CreateSpace for $17.99 paperback and for $9.99 as an Amazon Kindle e-book - ASIN B004VMONZG). This book is on the Amazon “Bestsellers” list in the USA (top 3 percent of retail products), and is also available through Barnes & Noble in paperback and electronic NOOKbook form. ”The Borromeo Family of Cebu” has been searched 2,670,000 cumulative times on Google.com. This article has received 72,531 cumulative verified visits since November 2007 and the Borromeo Family photo gallery has received an additional 78,394 visits since then - we thank you very much for your interest! Before World War 2, my maternal grandfather’s (Judge Andrés Borromeo y Reynes’) first cousin Marcial Borromeo y Guerrero had … [Read More...]