German Finance Minister Publishes New Banking Union Plan To Save The EU (And Deutsche Bank)
Less than a year after his finance ministry failed to broker a merger between Commerzbank and Deutsche Bank in a bid to rescue the flailing German lending giant (Deutsche) and create a new national champion (or so he hoped), German…
Dalio: “The World Has Gone Mad And The System Is Broken”
Another way of putting this country situation, we are on the doorsteps of biblical tribulations…. The Entire “Success” Of Un-godly Depend On Keeping The People Wildly Ignorant Of Reality I say these things because: Money is free for those who…
Chinese Bank On Verge Of Collapse After Sudden Bank Run
Coming to America SOON, when dealing with a collapsing Ponzi scheme, only those who pull their money first stand to recover anything …. First, it was Baoshang Bank, then it was Bank of Jinzhou, then, two months ago, China’s Heng Feng Bank with…
U.S. Shale Braces For Brutal Earnings Season
A lot of big names will report third-quarter earnings this week, and the results are expected to be worse than the same period in 2018. The timing comes as the shale sector is facing somewhat of a reckoning. After years of…
Innovation BIS 2025: A Stepping Stone Towards An Economic “New World Order”
The IMF’s annual meetings held in Washington DC last week demonstrated that when the institution issues new economic projections or warnings of a downturn, the mainstream press is not averse to giving them prominent coverage. After the Fund was founded in…
Peter Schiff: QE Is A Monetary Roach Motel
This Is Not a Printing Press! (Or Is It?) Rene Magritte’s 1929 painting “The Treachery of Images,” depicts a tobacco pipe with a caption that reads “Ceci n’est pas une pipe,” (French for “This is not a pipe”). Everyone who…
Economists Puzzled By Surge In US Money Supply
Uncertainty incites a dash to cash, which we’ve seen at an accelerated pace beginning about five months ago, amounting to $887.4B; In the two weeks ended September 30th, MZM rose by $158.1B, a figure that has only been eclipsed in…
Central Bank Issues Stunning Warning: “If The Entire System Collapses, Gold Will Be Needed To Start Over”
It’s not just “tinfoil blogs” who (for the past 11 years) have been warning that a monetary reset is inevitable and the only viable fallback option once trust and faith in fiat is lost, is a gold standard (something which even Mark…
Central Bankers Go Green… Why?
I was told many depressing things as a child. Watching World Vision infomercials educating the west to the want and misery suffered by millions of children in the third world, I wasn’t alone in asking adults “why”? When I enjoyed all…
These Are The Banks Where The Fed’s $1.4 Trillion In Reserves Are Parked, Big Trouble-Birth Pains
Over the past few days there has been much confusion over the repocalpyse that shook the overnight funding market, and just as much confusion over the definition of reserves which some banks were unwilling to part with, other banks were desperate for,…