‘If anyone doubts that the Western world’s monetary order is rigged to enrich the banking system, the first quarter financial reports of America’s top banks should disabuse any unbelievers. The Financial Times reported that four […]
The strange volatility we’ve been experiencing in the markets is occurring because there’s is a massive derivatives melt-down going on behind the scenes. The Fed is engaging in an enormous reverse repo operation in order to prevent the global financial…
The strange volatility we’ve been experiencing in the markets is occurring because there’s is a massive derivatives melt-down going on behind the scenes. The Fed is engaging in an enormous reverse repo operation in order to prevent the global financial…
‘Bloomberg reported last month: “Banks don’t have a need for deposits, and the demand for loans by households and firms is weak,” Niels Storm Stenbaek, chief economist at the Danish Bankers Association, said in a […]
As the newly elected Syriza Government make overtures to the so-called Troika of the ECB, EC and IMF on debt restructuring, one thing is increasingly clear. Elites in the UK and across Europe appear deeply uncomfortable the neoliberal logic of…
Tonight’s commentary regarding the Greek ultimatum is the most important development in quite some time. If I was a betting man, I strongly believe that China and Russia have had extensive talks and they are willing to finance the Greeks.…
‘A collection of nearly one dozen of the world’s top economists and other geopolitical observers believe that the world is close to financial collapse, because so much of what passes for “the global economy” is […]
‘A clever reader with probably more knowledge of the Middle East than they would care to have put before me a very interesting question. Is the US laundering money to Saudi Arabia through Citigroup in […]