Tag Archives: ECB

In Stunning Move, ECB Cuts Rates By 25 bps, Euro Plunges

Perhaps it is not surprising that with the absolute majority of economists and strategists, or 67 of 70, predicting no rate cut by the ECB, this is exactly what the ECB just did, when in a stunning move it cut rates … Continue reading

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A Financial ‘Night of the Long Knives’ is Upon Us

A financial “Night of the Long Knives” against savers is being played out in the European Parliament right now – and it is not the last bit of damage to be done…only the next.  At this point, the veil has … Continue reading

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ALL YOUR FIATS ARE BELONG TO US!

Is this you? Are you waiting for the government that is responsible for bankrupting our country to fix a $200 trillion debt? The phrase “Too Big To Fail” should have been our first hint that our economic problems cannot be … Continue reading

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Redistribution, Propaganda and Reality

The following articles are all current “opinions” of economic conditions in the United States. As our stock market rises again today on news that the European Central Bank is cranking up the printing presses, the perception of recovery is much … Continue reading

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Merkel tries to calm storms over Greece, ECB policy

 Angela Merkel tried to calm a growing storm over euro zone crisis strategy on Sunday after the Bundesbank likened ECB bond-buying plans to a dangerous drug and a conservative ally of the German leader said Greece should leave the currency bloc by … Continue reading

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Full Frontal Of ECB’s ZIRP: Record €484 Billion Drop In Overnight Deposits

A week ago, the ECB decided to lower its deposit rate to 0%. Today, we get the first real full frontal visual of what this really means, and how banks react under ZIRP. As the ECB just reported, overnight deposits … Continue reading

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THE INTERNATIONAL MONETARY SYSTEM AFTER THE FINANCIAL CRISIS

This “occasional paper” from the European Central Bank was released on February 2011. So the European bankers have known for over a year that a financial crisis will occur that will necessitate changes in the IMS including: Finally, the question … Continue reading

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The Genius of Mutual Indebtedness – Nigel Farage

Transcript: “Another one bites the dust. Country number four, Spain, gets bailed out and we all of course know that it won’t be the last. Though I wondered over the weekend whether perhaps I was missing something, because when the … Continue reading

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ECB stops operations with some Greek banks

(Reuters) – The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalized, the ECB said on Wednesday, confirming news earlier reported exclusively by Reuters. The news sent the euro lower against … Continue reading

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Athens Protesters – February 22, 2012

This was recorded on February 22, 2012 just before nightfall in Athens. This article from Zerohedge.com may give a better understanding why Greece is on fire: Scandal: Greece To Receive “Negative” Cash From “Second Bailout” As It Funds Insolvent European … Continue reading

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Ben Bernanke: Who’s Lying Now?

Ben Bernanke does not know that the United States share of the IMF is 17.70%? Although he was correct when he said the Tim Geithner is the US governor to the IMF, he neglected to mention that he is the … Continue reading

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S&P may have just killed the European sovereign market

Stick a fork in it, the eurozone as we know it is done S&P may have just killed the European sovereign market by saying out loud what only “fringe bloggers” dared suggest in the past Here are the key take … Continue reading

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The Final Straw for the US Dollar

The Federal Reserve has committed to another bailout today. No Congressional approval was asked for or needed. The recipients of this bailout are not the labor unions, community organizational groups or Democrat contributors. This time the recipient is the European … Continue reading

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Another Round of Crisis Talks – in Europe

The events in Washington and Wall Street over the past week have diverted our attention from the Middle East and the European Union. Although concern about individual portfolios is warranted, the stock market decline is not limited to the United … Continue reading

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Another Brick in the Wall

The European Central Bank (ECB) has announced the possibility of an increase in their interest rate in April. This action is being taken preemptively to slow their rate of inflation. What are the consequences in the United States:  The Euro … Continue reading

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