Although stocks bounced back on “Turnaround Tuesday” on the belief that contagion has been contained following the rout that wiped out $3.6 trillion from equity markets following Great Britain’s referendum last Thursday to “Brexit” the European Union… we disagree. It’s bigger than Brexit… Despite many of the world’s largest hedge funds betting billions on a…
~ How Did You Learn Our Language? I Listened ~ Obscure Language becomes clearer and clearer in 13th. Warrior. In the last year, developed market bond yields have been cut in half with the last 2 days seeing a safe-haven flight that crashed yields to a new record low. With UK Gilts 10Y under 1%…
It appears, just as we warned, that Brexit was indeed the first of many dominoes. Even before the Brexit result, a poll by Ipsos Mori showed that the majority of people in France and Italy want to at least have a referendum on leaving: Meanwhile, over 40% of Swedes, Poles, and Belgians are in the…
If you have been waiting for “the next Lehman Brothers moment” which will cause the global financial system to descend into a state of mass panic, you might want to keep a close eye on German banking giant Deutsche Bank. It is approximately three times larger than Lehman Brothers was, and if the most important…
I really planned to not write this week, whilst on my first true vacation in nearly three years. However, with the exception of Wednesday – when I awoke early for an excursion – I have written every day; including now, Thursday afternoon, with Sylvie watching TV (taking a brief break from swimming), and Diana out…
While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued [counterfeit] dollar system, Russia, China and other emerging economies are involved in ‘the genial move’ to establish an entirely different gold market, according to economic author and historian F. William Engdahl and reported by Russia’s Sputnik News. Key…
There is little to no recognition of the key fact of Dodd-Frank Act. Namely, Title II of the Act to establish an Orderly Liquidation Authority, vests the FDIC with the authority to conduct a European-style bail-in. Hearings continued in the House and Senate to review what exactly was voted into law with the 2010 Wall…
| 12.07.2015 | PressTV – The interventionist policy of the United States in Ukraine is “bankrupt” and has failed to accomplish Washington’s objectives against Russia, an independent geopolitical analyst in New York City says. “The truth is the United States has simply lost in Ukraine, their policy is a bankrupt policy, one that has not…
The EU Sows the [same] Seeds [for] of the Greek Economic Crisis: In sowing the seeds of the Greek crisis, European politicians have made the same mistakes as American politicians before the financial and banking crisis of 2008-09, that is to say encourage excessive indebtedness of some economically weak countries with loan guarantees. What really…
The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. «Free trade» is used as a disguise to hide the power these agreements give to corporations to use law suits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages. The first thing to understand…
