Source – Zero Hedge by Tyler Durden In the aftermath of the bizarre SWIFT hack that supposedly allowed brazen Asian hackers to steal $81 million from the account of the Bangladesh central bank held at the Fed, attention has predictably shifted to the question of whether there was just “one cockroach.” As it turns out […]
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Goldman Fires Dozens Of Investment Bankers – Due to “Slowdown in Deal Activity”
Is this the big short all over again? Where big layoffs and firings come down in anticipation of an economic collapse? – Justin Source – Zero Hedge by Tyler Durden Following an abysmal quarter for investment banks around the globe, which saw salary cuts across the board as a result of sliding revenues in virtually […]
US Gas Prices are Artificially High – Market Manipulation | The Chart That Will Make Every American Driver Angry
Image Source. Source – Zero Hedge by Tyler Durden When crude oil prices started to collapse, the great American unwashed were told – day after day – that low oil prices were “unequivocally good” for them. That myth was destroyed as rent, healthcare, and debt-reduction trumped consumer gains. However, as angry Americans are seeing every day now, […]
Buy Gold and Silver Coins and Bars Now Warns Leading Financial Adviser in Ireland
Image Source. Be advised, the below article is shared merely as an indication that the global economy is very fragile. When economic resets have occurred in the past, precious metals were used by the elite to shelter their wealth through the transition. If I was to make a recommendation about which metal to buy, it […]
These 9 Charts Explain The Global Economic Slowdown (And Why Central Banks Can’t Fix It)
Image Source. The economy and how it works can be confusing for the average person. This is, of course, by design, as the powers that be need to hide their true activities behind a smoke screen of over complexity. But the principles behind the complexities of our modern day financial system are still simple, and […]
TTIP – American Economic Imperialism Exposed by Paul Craig Roberts
Image Source. Related State of the Planet Report | Is this the Calm Before the Storm of 2016? Source – Zerohedge by Paul Craig Roberts Greenpeace has done that part of the world whose representatives are so corrupt or so stupid as to sign on to the Trans-Pacific and Trans-Atlantic “partnerships” a great service. Greenpeace secured and […]
Obama: We Can’t Let Truth Come Out About Saudi Involvement In 9/11, Or Else America’s Terrorism Will Be Revealed
Image Source Related 9/11 was Stranger than we could have possibly imagined! Dr. Judy Wood at New Horizons – Where Did The Towers Go?? Source – Zero Hedge Obama told CBS News today that we can’t allow bipartisan legislation subjecting the Saudis to potential liability for terrorism … or else other countries could retaliate against the […]
Emergency Meeting with Obama, Biden and Fed Chair Yellen to Discuss Failing Global Economy
Earlier this week, several emergency meetings took place to address the slumping economy. At the start of this year, the Fed predicted 2% growth for the US, and at the end of Q1, there was only 0.1%. This was despite market manipulation and number-rigging which has become standard practice in big business. But this economic […]
American Names Released From Panama Papers, and Hillary Clinton’s Involvement Could End Her Presidential Bid
The Panama Papers are the latest media sensation, linking high-level figures of worldly power to money laundering and tax evasion schemes. Of course in the world today, these things are commonplace, yet the rich and powerful still seek anonymity. On Tuesday, Zero Hedge released some of the American names from the leak, yet no recognizable […]
Law Change Lets Iceland Bankers Out of Jail Early, Just Before Panama Papers Were Released
Within days of the Panama Papers being released and the resignation of Iceland’s prime minister Sigmundur David Gunnlaugsson, three bankers who were jailed for involvement in the 2008 financial crisis were released. Gunnlaugsson was forced to resign, or temporarily give up the Prime Minister role, partially due to the largest protests in Iceland’s history taking place […]
Panama Papers | Clinton and Obama Supported and Enabled Panama Tax Evasion, Bernie Sanders did NOT
The following article by Zero Hedge is a compilation of news quotes from 2011 revealing that both Hilary Clinton and Barack Obama helped form the trading policies that enabled tax havens in Panama, and other countries. At the time, Bernie Sanders was one of the opponents of the deal and warned about the implications of allowing […]
Panama Papers Funded by George Soros, David Rockefeller, Ford Foundation, Goldman-Sachs and 441 U.S. Clients of Mossack Fonseca: Who Are They?
The following two articles detail who funded the Panama Papers and that there are 441 unnamed US clients in the document leak. Why is it that US clients are not named when they are one of the biggest patrons of the Mossack Fonseca law firm? Related The Panama Papers Largest Leak in History | Propaganda, Preparation […]
Brussels Attack | ISIS Claims Responsibility For Brussels Terror Attacks That Killed Over 38
There was an attack in Brussels at the Zaventem Airport earlier today, killing over 38 people and injuring hundreds more, according to reports. ISIS has already claimed responsibility and the propaganda media is jumping to report that it is the latest alleged terror attack. Related Russia Breaks Huge Story: ISIS is Supported by the U.S. and Nato […]
“This Is An Extremely Serious Problem” – Dollar Funding Shortage Hits Record In Japan
This is a rather obscure economic update, but I think it is noteworthy. A shortage of dollar funding suggests that the ability of major institutions to generate profits overseas is becoming difficult. Briefly, a Cross Currency Swap is a tool that an institution can use to invest in foreign markets, which helps them take advantage […]
China Faces 15 Trillion Bombshell As Shadow Banking Sector Collapses
Wondering what shadow banking is? Here’s a definition from former US Federal Reserve Chairman Ben Bernanke provided in April 2012: “Shadow banking, as usually defined, comprises a diverse set of institutions and markets that, collectively, carry out traditional banking functions — but do so outside, or in ways only loosely linked to, the traditional system of […]