Business
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No Diversions: Next Two Weeks Will Decide the Fate of Mankind No Diversions: Next Two Weeks Will Decide the Fate of Mankind At any moment, between now and June 5, the Greek government may formally announce that it cannot repay the IMF. That single announcement, alone, will set off a chain-reaction collapse of the entire European financial system, which will spread instantly to Wall Street.
Export-Import Bank is Welfare for the One Percent Export-Import Bank is Welfare for the One Percent This month Congress will consider whether to renew the charter of the Export-Import Bank (Ex-Im Bank). Ex-Im Bank is a New Deal-era federal program that uses taxpayer funds to subsidize the exports of American businesses.
U.S. Bell helicopters to be assembled in Russia despite sanctions U.S. Bell helicopters to be assembled in Russia despite sanctions The U.S. company Bell Helicopter has signed an agreement with the Yekaterinburg-based Urals Civil Aviation Plant (UZGA) on the licensed assembly of the latest modification of its Bell 407GXP light single-engine helicopter.
Wall Street Costs The Economy 2% Of GDP Each Year Wall Street Costs The Economy 2% Of GDP Each Year Isn’t the financial industry supposed to grease the wheels of commerce, rather than apply a severe brake on economic growth?
The War on Cash: Your Deposit at the Bank Can be Converted to Equity If a Crisis Hits The War on Cash: Your Deposit at the Bank Can be Converted to Equity If a Crisis Hits As we noted last week, one of the biggest problems for the Central Banks is actual physical cash.
India’s economy accelerated faster than China in Q1 2015 India’s economy accelerated faster than China in Q1 2015 The latest official data show the Indian economy grew faster than that of China in the first quarter of the year.
Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy? Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy? All over the planet, large banks are massively overexposed to derivatives contracts. Interest rate derivatives account for the biggest chunk of these derivatives contracts.
Puerto Rico Is the Only Way to Escape US Taxes Puerto Rico Is the Only Way to Escape US Taxes When I hear about strategies that purport to legally allow US citizens to avoid having to pay income taxes, the first thing that usually comes to mind is that it is some sort of cockamamie scheme.
33 Strange Facts About America That Most Americans Would Be Shocked To Learn 33 Strange Facts About America That Most Americans Would Be Shocked To Learn Did you know that about one-fourth of the entire global prison population is in the United States?
De-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT De-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT Back in February, Russia detailed a SWIFT alternative that would link 91 domestic banks to the Central Bank of Russia.
Five Chicago Suburbs Headed for Bankruptcy (More Illinois Cities Will Follow) Five Chicago Suburbs Headed for Bankruptcy (More Illinois Cities Will Follow) Illinois House Bill 298 would allow Illinois municipalities to file for Chapter 9 bankruptcy. That bill is endorsed by Governor Bruce Rauner, and currently rests in the house rules committee.
Texas Senate Passes Bill to Establish Bullion Depository, Help Facilitate Transactions in Gold and Silver Texas Senate Passes Bill to Establish Bullion Depository, Help Facilitate Transactions in Gold and Silver A bill taking a step towards gold and silver as commonly-used legal tender in Texas passed in the state Senate today by an overwhelming 29-2 vote.
The US Economy Is Shrinking The US Economy Is Shrinking You see the stories on the US economy, the first quarter. I predicted this. I predicted there'd be a revision.
How to Survive a Banking Crisis How to Survive a Banking Crisis Many in Spain are starting to figure out that the only way to survive is to get your money out of the bank.
The world is drowning in debt, warns Goldman Sachs The world is drowning in debt, warns Goldman Sachs Ageing populations mean countries' debt piles risk growing out of control, warns European head of Goldman Sachs Asset Management
Bill and Hillary s Multi-Million Dollar Shell Game Bill and Hillary's Multi-Million Dollar Shell Game “The newly released financial files on Bill and Hillary Rodham Clinton’s growing fortune omit a company with no apparent employees or assets that the former president has legally used to provide consulting and other services, but which demonstrates the complexity of the family’s finances,” notes the Associated Press.
This Is How Much Of Your Life The US Has Spent At War This Is How Much Of Your Life The US Has Spent At War With the US spiraling quickly towards a maritime conflict with China over the latter’s “construction projects” in the disputed South China Sea and with NATO doing its best to match Moscow’s Eastern European sabre-rattling on the way to facilitating the most serious confrontation between Russia and the West in decades, we thought it as good a time as any to bring you the following graphic which shows the percentage of your life that the US has been at war.
Martin Armstrong Reports on a Secret Meeting in London to Ban Cash Martin Armstrong Reports on a Secret Meeting in London to Ban Cash At this point, anyone paying even the slightest bit of attention to the central planning economic totalitarians running the fraudulent global financial system is aware of the blatant push in the media to acclimate the masses to accepting a “cashless society.”
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Breaking News U.S. Politicians Are Asked About Saudi Atrocities... Here's What Happened Next New Mothers Tested for Drugs without their Consent by Some Alabama Hospitals STASI-veteran will assist German government in Facebook censorship Jellyfish-lamb Hybrid Ends Up as Meat at French Slaughterhouse Rebel Flag Controversy: Why Not Just Ban Democratic Party For Its Links to Racism?
Business The IMF Just Entered The Cold War – Forgives Ukraine’s Debt To Russia Signs Of Financial Turmoil In Europe, China And The United States 'It's time to hold physical cash,' says one of Britain's most senior fund managers Russia and China Just Put Another Nail in the Coffin of the Bretton Woods Petrodollar System Budget office: U.S. debt picture has 'worsened dramatically'