Last year the European Commission passed a law that forced all EU countries to enact their own bail-in programs in the event of bank insolvencies. In fact, the EC was so adamant that taxpayers would […]
The IMF came out with a new report on Oct. 5 showing that the expansion of global debt has now reached 225% of the world’s combined GDP. In fact, the $152 trillion that encompasses general government […]
On Oct. 4, Julian Assange and Wikileaks was expected to drop a bombshell that was rumored to be so dire it would ‘end’ Hillary Clinton’s run for the Presidency. Yet while Assange appeared to backtrack […]
With the major news regarding Deutsche Bank filling up most of the headlines, few probably saw today’s data indicators that continue to validate that the U.S. economy is well into its newest recession. On Oct. […]
For all its recognition as a ‘free and Christian’ nation, the United States has a horrific track record in both following through with treaties they sign, and in more recent times, in playing fair in […]
One day after hedge funds decided to pull out excess capital stored at Deutsche Bank, a late morning rumor involving the Department of Justice negotiating down a planned fine on the German bank boosted the […]
It has not been a good month for Warren Buffet’s pet financial institution Wells Fargo. After first being fined by the Consumer Financial Protection Bureau (CFPB) $185 million for fraudulently creating close to two million […]
The primary reason former Goldman Sachs banker Mario Draghi became the President of the European Central Bank was because he could be trusted to not only aid and abet fraud and corruption with the European […]
On Sept. 27 the World Trade Organization (WTO) cut its forecast for global trade in 2016 by 1.1% to the lowest levels since the Great Recession period of 2009-10. Originally forecasting a growth rate of […]
Just like in 2008, the mainstream business media is downplaying the Deutsche Bank crisis as if it were some minor bank problem simply waiting on a government bailout. But in a new piece of news […]
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