By Michael Snyder The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes. If you follow my work regularly, you probably […]
In the sound money community it’s generally understood that abandoning the last vestige of the gold standard in 1971 gave major countries effectively-unlimited credit cards – which corrupted them irredeemably. Now – with government bonds […]
Financial watchdog website Zero Hedge reported on Sunday that the Dutch bank ABN-Amro will soon be rolling out negative interest rates. Quoting the NLtimes.nl article as it’s source, ABN Amro business clients may soon feel […]
by Tyler Durden Once again – ahead of the G-20 meetings – China’s currency mysteriously abated its incessant plunge suggesting ‘stability’. As Bloomberg notes, history shows that the Chinese currency usually strengthens ahead of […]
July 20, 2016 | Author Pater Tenebrarum Chopper Pilot Descends on Nippon Readers are probably aware of recent events in Japan, the global laboratory for interventionist experiments. The theories of assorted fiscal and monetary cranks […]
by Tyler Durden Just over a month ago, Deutsche Bank’s chief economist David Folkerts-Landau, unleashed an epic rant against the ECB, warning of social unrest and another great depression unless the ECB changes its […]
by Tyler Durden Submitted by Soeren Kern via The Gatestone Institute, A move by Italy — the third-largest economy in the eurozone — to abandon the euro could strike a potentially fatal blow to […]
by Tyler Durden With global developed market bond yields crashing to record lows and almost $10 trillion of negative-yielding debtworldwide, it is no surprise that money managers are concerned that “it’s starting to feel like […]
Tyler Durden This article was written by Tyler Durden and originally published at Zero Hedge. Editor’s Comment: It has begun in Europe. They will fall like dominoes. A series of bailouts has already begun in […]
By: Guy Christopher “Look at that screen,” exclaimed Fox Business Network’s Stuart Varney, referring to the television graphic showing markets crashing across the globe. “The only thing going up is the price of gold!” “It’s […]
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