With one foot out of the door of Germany’s finance ministry, the former head of the German economy, Wolfgang Schäuble, 75, delivered a fire and brimstone warning over the weekend, telling the FT in an interview that there was a danger of “new bubbles” forming due to the trillions of dollars that central banks have pumped into…
Financial Time Period 2008-2017 – China officially imported over 1,500 tons in 2013 with some estimates as high as 2,200 tons. This is in addition to the 400 tons they produce annually which is never leaving the Mainland. – China has now declared that its citizens are privately holding more than 6,000 tons of Gold…
The war on Cash: The money in your savings account isn’t piled up inside your bank’s vault, which isn’t true. Your savings don’t really exist. It’s all digits in an electronic account ledger. People transact with these digital currency units, whenever a bank transfer is made, or a credit card is used. The Dollar Is…
President Evo Morales has highlighted the total Bolivian independence from the International Monetary Fund (IMF) and the World Bank (WB), which have carried out “devastating economic policies for many years” in this South American nation. “A day like today in 1944 ended Bretton Woods Economic Conference (USA), in which the IMF and WB were established,”…
Sick of politics? This election reveals the deep state and vindicates “conspiracy theorists” like never before. I give my analysis of what is really going down, from the CFR to drug running. Jay Dyer 9 Indisputable Facts About Scientific Conspiracy Theorists Scientific Study Reveals Conspiracy Theorists The Most Sane Of All. Wikileaks Releases “DoJ, FBI, Huma…
TEHRAN (FNA)- With the United States refusing to change its self-defeating policy toward the war on Syria, Russia has intensified its airstrikes against terrorist groups in eastern Aleppo. Taken aback by Moscow’s actions, US officials have slammed the move and called are for a no-fly zone over the city. This is confusing, as Russia has…
As reported on Saturday, a September 11 widow was the first American to take advantage of the recently passed Justice Against Sponsors of Terrorism (JASTA), aka the “Sept.11” bill courtesy of Congress which for the first time in Obama’s tenure overrode his veto, by suing the Kingdom of Saudi Arabia. Saudi Arabia Dumps United States…
Here’s your economics quiz for the day: Question 1– What do you think would happen if you put $3 trillion into the financial system? a–Stock prices would rise b–Stock prices would fall c–Stock prices would stay the same Question 2– What do you think would happen if you put $3 trillion into the economy? (Via…
China will join the [tiny] club of nations whose currencies make up the international reserve basket. The basket is called Special Drawing Right (SDR) and the International Monetary Fund reviews its contents every five years, including 2015. SDR Basket Weights: The revised SDR basket will be based on the following weights: 41.73% for the U.S.…
According to the IMF 2011, Iraq is projected to grow faster than China in the next two years. Now, let me repeat that, because when I read it I said, okay, are you sure because we always think of China as being the juggernaut? But no, indeed, Iraq is projected to grow faster than China.…
