Less than a decade after various complex, synthetic, squared, cubed and so on securitized debt structures nearly brought down the financial system, here come “Sovereign Bond-Backed Securities.”… Read More In Watershed Event, Europe Unveils Plan To Securitize Sovereign Debt
Nerves are fraying in the corridors of power of the Eurozone’s third largest economy… Read More In Bleak Prognosis, Italy’s Financial Regulator Threatens EU with Return to a “National Currency”
Germans have a soft spot for physical lucre while the ECB and Europe’s executive branch, the European Commission, have openly expressed their desire to suppress, or even punish, its use… Read More War on Cash Puts ECB, EU on Collision Course with Germany
“The ECB’s accountability framework is not appropriate for the far-reaching political decisions taken by the Governing Council”… Read More Shock, Horror: ECB Not as “Independent” as it Claims – Report
To the ECB’s barely contained glee, inflation is back, alive, kicking and biting, in the Eurozone.… Read More ECB Trapped in its Own “Doom Loop” as Inflation Surges
The new inquiry will delve into Draghi’s membership of the Group of Thirty, a secretive forum of influential finance executives, academics, and policy makers that was founded in the late seventies at the initiative of the Rockefeller Foundation.… Read More ECB’s Insider Connections Under Scrutiny Again
The only thing that makes bank runs worse is the realization that one is taking place.… Read More Italy Slams ECB For Revealing It Has A "Bank Run" Problem
The ECB’s new role as “debt-buyer of first resort” raises a whole litany of concerns.… Read More Here Are the Multinationals whose Bonds the ECB is Discreetly Buying
Quixotic delusions are as rampant as ever at the loftiest heights of Brussels’ ivory towers. Either that, or things are now so serious that lying is the only tactic left available to their occupants.… Read More So Who Gets to Pay for Italy’s Banking Crisis?
The entire concept of globalization, a term which was popularized under the presidency of Bill Clinton, is fundamentally a destructive rigged game of the few hundred or so giant “global players.”… Read More The Euro Is Murdering Europe
How the ECB dictatorial regime used the liquidity weapon in order to impose its terms on the Irish government.… Read More ECB’s Silent Coup in Ireland
The Western world is currently undergoing one of the most drastic redistributions of wealth in its history, with almost all new money flowing in one direction: upwards. While its roots may date back decades, this trend has accelerated dramatically since the collapse of Lehman Brothers in 2008 and the subsequent reordering of the Western banking… Read More Paying the Price for Financial Ignorance
