Wealth Abuse

Bitcoin: Brace! Brace!

February 26, 2014 0

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 […]

Wealth Abuse

Bank Runs Spread To Thailand

February 19, 2014 0

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 […]

Wealth Abuse

From the Top of the Great Pyramid – Redux

February 10, 2014 0

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 […]

Wealth Abuse

Post-Lehman Era Coming To An End

February 7, 2014 0

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 […]

Wealth Abuse

Laundromat Banks Too Big To Fail

February 3, 2014 0

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 […]

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