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The Economic Depression In Greece Deepens As Tsipras Prepares To Deliver ‘The Great No’

The Economic Depression In Greece Deepens As Tsipras Prepares To Deliver ‘The Great No’

As Greece plunges even deeper into economic chaos, Greek Prime Minister Alexis Tsipras says that his government is prepared to respond to the demands of the EU and the IMF with “the great no” and that his party will accept responsibility for whatever consequences follow. 

Despite years of ...

Read more: The Economic Depression In Greece Deepens As Tsipras Prepares To Deliver ‘The Great No’


Reads: 65

The Next Great European Financial Crisis Has Begun

The Next Great European Financial Crisis Has Begun

The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Neither the Greeks nor the Germans are willing to give in, and that means that there is very little chance that a debt deal is going to happen by the end of June. So that means that we will ...

Read more: The Next Great European Financial Crisis Has Begun

Reads: 144

Texas Gives Wall Street Bankers the Gold Finger

Texas Gives Wall Street Bankers the Gold Finger

By Clint Siegner of Money Metals Exchange

When Governor Greg Abbott signed House Bill Number 483 in his own hand this past Friday, Texas gave Wall Street a big gold “finger” and will soon bring $1 billion in gold bars back to the Lone Star State.

The University of Texas made ...

Read more: Texas Gives Wall Street Bankers the Gold Finger

Reads: 81

7 Key Events That Are Going To Happen By The End Of September

7 Key Events That Are Going To Happen By The End Of September

Is something really big about to happen? 

For months, people have been pointing to the second half of this year for various reasons.  For some, the major concern is Jade Helm and the unprecedented movement of military vehicles and equipment that we have been witnessing all over the ...

Read more: 7 Key Events That Are Going To Happen By The End Of September


Reads: 328

Guess How Many Nations In The World Do Not Have A Central Bank?

Guess How Many Nations In The World Do Not Have A Central Bank?

Central banking has truly taken over the entire planet.  At this point, the only major nation on the globe that does not have a central bank is North Korea.  Yes, there are some small island countries such as the Federated States of Micronesia that do not have a central bank, ...

Read more: Guess How Many Nations In The World Do Not Have A Central Bank?


Reads: 144

The Central Banks Are Losing Control Of The Financial Markets

The Central Banks Are Losing Control Of The Financial Markets

Every great con game eventually comes to an end.  For years, global central banks have been manipulating the financial marketplace with their monetary voodoo.  Somehow, they have convinced investors around the world to invest tens of trillions of dollarsinto bonds that provide a return ...

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Reads: 125

Investors Start To Panic As A Global Bond Market Crash Begins

Investors Start To Panic As A Global Bond Market Crash Begins

Is the financial collapse that so many are expecting in the second half of 2015 already starting?  Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right now.  Since mid-April, the yield on 10 year German bonds has ...

Read more: Investors Start To Panic As A Global Bond Market Crash Begins

Reads: 206

A Recession Within A Recession

A Recession Within A Recession

On Friday, the federal government announced that the U.S. economy contracted at a 0.7 percent annual rate during the first quarter of 2015.  This unexpected shrinking of the economy is being primarily blamed on “harsh” weather during the first three months of this year and on the strengthening ...

Read more: A Recession Within A Recession

Reads: 113

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.  According to the Bank for International Settlements, the notional value of all interest rate derivatives contracts ...

Read more: Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy?

Reads: 170

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