Wealth Abuse

Submitted by Pivotfarm Speculation involving the possible bankruptcy of Mt. Gox are building momentum and becoming a viable option today. The virtual currency Bitcoin slumped Tuesday morning by 20% and it looks as if the […]

By Liberty Gold and Silver News Blog Dear Depositor: We don’t want to cause you unnecessary stress or worry, but it might be prudent to pay attention to a series of unusual news reports recently […]

by Tyler Durden Thailand’s Government Savings Bank (GSB) president admitted that clients withdrew 30bn Baht (around $1bn) in a single-day last week and Bank for Agriculture and Agricultural Cooperatives (BAAC) and Krungthai Bank (KTB), although […]

Source: The Automatic Earth Arthur Rothstein “Migrant agricultural workers, Deerfield, Florida” January 1937I know you thought you’d seen some crazy stuff, but it’s going to get better, promise! On the one hand you have Greek […]

By mybudget360 Total global debt crossed a troubling event horizon by going past the $200 trillion mark last year.  Given the latest figures we are likely well above a total global debt of $230 trillion […]

Irving Underhill 1 Wall Street 1931Source: The Automatic Earth Today we take you back all the way to November 26 2008 (remember the good old days when everyone was scared as a squirrel?), when Nicole […]

By Alasdair Macleod When Lehman collapsed in 2008, the world stopped while the Fed implemented its plan to rescue America’s banks and the world’s financial system. This was achieved by making unlimited money available to […]

by Wolf Richter – Testosterone Pit It’s not like Europe is out of the woods, after years of recession, lurching from bank bailout to country bailout, and sweeping remaining fetid matters under the rug. But […]

By Pam Martens Senator Carl Levin’s Permanent Subcommittee on Investigations Is Probing Global Banks’ Involvement in the U.S. Commodities Markets In a span of four days last week, two current executives and one recently retired […]

By Richard (Rick) Mills As a general rule, the most successful man in life is the man who has the best information   Money laundering is the process by which illegally obtained cash is made […]