In little more than three years, Argentine President Mauricio Macri’s government has already signed two agreements with the International Monetary Fund. And recent developments suggest that the country’s long and troubled history with the Fund may be about to repeat itself… Read More The IMF Is Fueling an Argentine Crisis – Again
Until the public knows the truth about why the Fed bailed out the insolvent Citigroup – despite its mandate not to lend to an insolvent institution – and why it bailed out Morgan Stanley and Merrill Lynch, which were broker-dealers, not major commercial banks, there can be no confidence in the U.S. financial system.… Read More Is the Fed’s Dirtiest Bailout About to Come Under the Spotlight?
The continued existence of the Eurozone could be under threat… Read More Italy’s ‘Perma-recession’ Could Trigger a €2 Trillion Financial Crisis
The fate of the global economy rides on the answer.… Read More It’s 2016 All Over Again. Or Is It?
, Deutsche Bank is in the same league as the bank holding companies of U.S. juggernauts JPMorgan Chase, Citigroup and Goldman Sachs. But its financial health is much weaker. … Read More After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives
EU bank regulation may be in the process of coming full circle, meaning it won’t have gone anywhere at all… Read More Is the EU Backsliding On Commitment to Bail In Banks?
Australians, like Americans, remain on the road to financial ruin at the hands of predatory banking behemoths that are using their concentrated money and political power to attack each and every democratic principle that we cherish as citizens… Read More An Open Letter to Australians: Only Glass-Steagall Can Save You from the Banks
If the average American knew that the very same banks that blew up the U.S. economy just a decade ago were warning in their own 10K legal filings that the same thing could happen again at any moment, there would be mobs with pitchforks in the street… Read More Derivatives Could Blow Up Wall Street Again, Warn Megabanks
2018 marked the most “ambitious year yet” for Russia gold-buying… Read More Why Russia Is Dumping Dollars And Buying Gold At The Fastest Pace In Decades
Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank… Read More Deutsche Bank Seeking a “Guarantee of Existence” with Monster-Merger?
Opacity is treasured by the masters of today’s stock market. Too much transparency or honesty sends hedge funds and dark pools running for the safety of Treasury notes… Read More Fed’s Powell Wasn’t Expecting this Kind of Drama at his Press Conference
Germany, a country where the needs of industry trump the needs of banks, is a notoriously difficult banking market… Read More Shotgun Marriage: Deutsche Bank and Commerzbank Discuss Merger