Look at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether it can pay the IMF, which is threatening not to be part of the troika with the European Central Bank and the European Union making more loans to enable Greece to pay the bondholders and the banks. Britain is having a referendum as to whether to withdraw from the European Union, and it looks more and more like it may do so. So the world's politics are in turmoil.

To save the banks, you would have to turn the entire Eurozone into Greece.

Nothing could be better for the economy than to get rid of fracking.

A bubble is only called that after it bursts, after the insiders get out, leaving the pension funds and small investors, Canadians and other naïve investors holding the bag.

If you increase living standards, you make labor more productive. This is why Asia today is becoming more productive than the United States.

Throughout history, the only way of restoring stability is to write down the debts. That is treated now as if it's something that can't be done. But it's the only thing that's going to revive the economy.

Most of the European leaders look at themselves as having to follow the United States, because if the US opposes them, there will be a regime change.