The central bankers pushed the idea that criminals use cryptocurrency, but we see time and time again that the banking system is being used for criminal activity, Danske bank caught laundering billions of dollars. The housing market continues to implode …
Three articles in Globe and Mail over past two weeks about executives at two biggest Canadian Banks (BMO and CIBC) selling. Latest article today: Bank of Montreal (BMO-T)On Sept. 4, chief human resources officer Richard Rudderham exercised his options and …
Obama’s trade rep has acknowledged that the old global trade mess needed to be fixed. What is really happening, the globalist trade deals are being terminated. Trump pushes agenda into the stratosphere by placing more tariffs on China.The Fed is …
From Birch Gold Group This week, Your News to Know rounds up the latest stories involving precious metals and the overall economy. Stories include: Central banks go on gold-buying spree over dollar worries, China will play a major role in the global silver …
Here is a short excerpt from a prior RTD Live Talk live-stream that I thought was worth sharing. With all the events happening around the world there has never been more systemic risk to our financial futures than right now. …
by Jim Quinn You will find more infographics at Statista The biggest economic downturn since the Great Depression has left lasting political and social ripple effects visible in today’s world of growing inequality and rising populism. Trust in banks has yet to rebound to its pre-recession …
https://www.youtube.com/watch?v=Di-KXedpfPU Yes, multi-generational living just like has gone on forever in 3rd world countries. The true booming America that once existed is gone. Much of our country has been and is being sold out from under us. Buildings, roads; on …
by cjsseedcjs South Korea is pushing banks to freeze the benchmark interest rate and lower interest rates. And it is investigating banks on charges of interest rate manipulation and demanding that they return unjust interest gains. Korean banks are losing their …
BY PATRICK WATSON Suppose we asked 100,000 random people to flip a coin until it landed on tails. 50,000 would get tails on the first flip. 25,000 would get tails, then 12,500, and so on. Soon, we would find a few of …
via Doug Casey: You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were. …
by Charles Hugh-Smith If the world’s economies still need central bank life support to survive, they aren’t healthy–they’re barely clinging to life. The “recovery”/Bull Market is in its 10th year, and yet central banks are still tiptoeing around as if …
To diversify from the euro-debt-crisis, the biggest Spanish banks pushed deeply into Emerging Markets. Now, they’re in a new crisis. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Almost exactly six years ago, the Spanish government requested a €100 …
by Jesse “Central banks and institutions like the IMF and the World Bank are overstepping the boundaries of their mandates by using the flow of money to control global markets and dictate economic policy both at the domestic and global …
From Truthdig: The U.S. credit card system siphons off excessive amounts of money from merchants. In a typical $100 credit card purchase, only $97.25 goes to the seller. The rest goes to banks and processors. But who can compete with Visa …
by Martin Armstrong The story running around on Bitcoin.com news tells the tale of an individual who legally sold large amounts of cryptocurrency at a profit found that Clydesdale Bank decided to freeze all assets involving people who had …
YOU MAY NOT BE INTERESTED IN THE GLEICHSCHALTUNG, BUT THE GLEICHSCHALTUNG IS INTERESTED IN YOU: Wells Fargo Closes Florida Politician’s Account Due To Marijuana Donations. It’s well known that many banks are reluctant to open accounts for marijuana businesses out of …
Talk Digital Network, Released on 8/18/18
by Brandon Smith of Alt-Market The mainstream news has been awash lately in talk over the danger of economic “contagion,” primarily due to lack of dollar liquidity in emerging markets. This lack of liquidity is being pegged as a trigger for instability in …
by Martin Armstrong The European Central Bank is instructing banks to restrict the conversion of Euros to dollars. The Euro has fallen to 113006. Once again, the dangerous game here is when we cross that line of demarcation between CONFIDENCE in government …
by Dave The 3 banks with the most exposure to Turkey: BBVA BNP Paribas Unicredit I wouldn’t have any deposits in any of these 3. Run, don’t walk. As for the rest of the EU banking system – it is …
zerohedge ‏ @zerohedge 12 minhace 12 minutos Goldman Warns Turkish Banks Will Be Wiped Out If Lira Hits 7.1 Lira is now 7.20 Following emergency bank meetings and numerous pleas by Erdogan for Turks not to “pull FX out …
Those banks have required that their loans be repaid in US Dollars, not the Turkish lira. Since their lira is falling apart, they cannot purchase those US dollars and will default on all those loans. This has the potential to …
By Lance Gaitan The Bank of Japan (BoJ) shook the global credit markets last Tuesday. Even Treasury bond investors perceived the BoJ’s tweaks to its monetary policy as a signal that the transition away from extraordinarily accommodative measures may be coming. The …
via Ivan Levingston Banks were among the top beneficiaries when Republicans slashed corporate taxes in December to stoke the U.S. economy. So how are the nation’s largest financial institutions treating employees, customers and investors? Twenty-three firms deemed most important by the …
by Shaun Richards The situation regarding the banks is one that has dominated the credit crunch era as we started with some spectacular failures combined with spectacular bailouts. Yet even a decade or so later we are still in a …
Bad habits die hard. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. So it is that banks in Spain are once again beginning to significantly relax their lending standards. This includes the resurrection of the 100% mortgage, a high-risk instrument …
by Shaun Richards One of the features of modern economic life is the way that central banks have expanded their operations. In a way that development is a confession of failure ( as why are new policies requited if they …
And then there’s this. Remember when you got trillions in free loans? https://books.google.com/books?id=7R4BsqCHPHEC h/t @RudyHavenstein
via wallstreetonparade: Citigroup, the Bank the U.S. Taxpayer Saved From Insolvency in 2008, Was Operating a Dizzying Array of Dark Pools and Trading Venues in 2014 The Securities and Exchange Commission (SEC), which has had two separate Wall Street lawyers at …
