LATEST BLOOMBERG BUSINESSWEEK
“Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away.” – Antoine de Saint-Exupéry
Tag: Headlines
War in Ukraine Intensifies – EU Threatens Russia, Greece Pivots to Russia
EU foreign ministers are meeting in Brussels today to discuss imposing further sanctions on Russia following an upsurge in fighting in east Ukraine. A woman pushes a cart as she visits a hypermarket of French grocery retailer Auchan in Moscow,…
Occupied by Wall Street – The Latest TARP Taxpayer Screw-Job is Revealed
One story that I’ve told several times on this site has to do with the day TARP passed. How I got into work extremely early and starting irately yelling about how TARP represented the end of America as we knew it. There…
Jim Willie: US Dollar Will Not Survive 2015!
The forecast for fast acceleration of events into the January month has occurred on schedule. Normally a very big event occurs every several weeks, or every few months. In just the last three weeks, ten have taken place of significance. The pace has…
Hounded by Evil Dollar & Collapsed Commodity Prices, Corporate America Clamors for Total Currency War
American consumers are feeling practically euphoric. The Conference Board index jumped almost ten points to the highest level since August 2007, just before the whole construct came apart. Not that reality has suddenly improved that much. But hey, we’re born…
Cyber War Poses Risk of Bail-Ins to Banks and Deposits
Cyber Attacks Growing In Frequency – Entire Western Financial System Is Vulnerable The threat posed by cyber war to our increasingly complicated, technologically dependent and vulnerable financial institutions, markets, banks and indeed deposits becomes more clear by the day. British…
♫ 99 Bottles Of Lite Beer On The Firewall ♫
In the Bitcoin network, there is never an unpaid debt. Why exactly? In accrual accounting you have debits for now and credits for the past, but in triple-entry accounting you have prebits for the future. The only on-ramp to the…
Meet the Extreme Super Rich – A List of the 80 People Who Own Half the World
I didn’t provide this list to say whether these people are good or bad. I provide it, because whenever 80 people own half the world’s wealth, we sure better know who they are. We should also be cognizant of the…
Greece at the Crossroads: the Oligarchs Blew It
Once one oligarchy falls, it will threaten to topple a long line of oligarch dominoes. A great many narratives invoking Greece are being tossed around, but only one really encapsulates the unvarnished truth: the Oligarchs blew it. The oligarchs in…
Greece at the Crossroads: the Oligarchs Blew It
Once one oligarchy falls, it will threaten to topple a long line of oligarch dominoes. A great many narratives invoking Greece are being tossed around, but only one really encapsulates the unvarnished truth: the Oligarchs blew it. The oligarchs in…
Currency Wars – Russia and Netherlands Buy 30 Tonnes Gold In December
Currency Wars – Russia and Netherlands Buy 30 Tonnes Gold In December Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify. Demand for gold…
Currency Wars – Russia and Netherlands Buy 30 Tonnes Gold In December
Currency Wars – Russia and Netherlands Buy 30 Tonnes Gold In December Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify. Demand for gold…