Category Archives: Financial

Your Money Is Not Safe in the Bank

The concepts of bank bail-ins and negative interest rates are relatively new and misunderstood by the general public. As people realize that their money is not safe from their government’s irresponsible fiscal policies, bank failures will become a self-fulfilling prophecy. … Continue reading

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Should We Worry About Possible Bank Runs in Europe?

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Microsoft cuts 18,000 jobs

The software giant said it would cut 18,000 jobs within the next year — about 14% of the company’s 125,000 employees. That’s by far the largest round of layoffs in the company’s history. The previous record came during the lowest … Continue reading

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They’re Coming for Your Accounts

FREEMANSPERSPECTIVE Nearly all of us grew up thinking that we registered ourselves to prove that we were safe and responsible. We advertised our services as “registered” or “licensed,” and we never thought about it beyond that point. After all, that … Continue reading

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The End of the Dollar

For those who thought the dollar would always be safe, may your chains rest lightly. The formation of an alternative to the International Monetary Fund is the last straw for our dollar. Although perception is reality has been the mantra … Continue reading

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The Head Of ‘The Central Bank Of The World’ Warns That Another Great Financial Crisis May Be Coming

Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization.  He has been serving as the General Manager of the Bank for International Settlements since 2009, and he will continue in … Continue reading

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Mexico Looks To Back Peso With Silver: “Would Unleash a Global Power Shift”

httpv://www.youtube.com/watch?v=D3MLn2UYw0A This could be a major turn of events that will have global implications. The action’s set to unfold in Mexico, where many of its most influential and wealthy citizens are demanding the country abandon its fiat currency, the Peso, … Continue reading

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Futures Tumble, Bunds Soar To Record, Gold Surges As Europe Is Broken Again; Espirito Santo Halted

But… but… the VIX said everything is ok, and European rates were the lowest they have been in centuries… How can something possibly go wrong? It just did. More…

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I’ll Do Anything for Money: the New Normal Behind the New Jobs Numbers

httpv://www.youtube.com/watch?v=sSuX1vqAK8E#t=1s Employment grew last month thanks only to 800,000 new part-time jobs—fewer hours, lower pay, generally in the service industries. What the MSM won’t say.

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Portugal’s Largest Bank Misses Bond Payment; Bonds Collapse

Brussels, we have a problem. As we warned 6 weeks ago, Espirito Santo International SA – is in a “serious financial condition” according to a central bank driven external audit by KPMG identified “irregularities in its accounts.” Sure enough, the ‘ponzi-like’ maneuvers have … Continue reading

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European Stocks Plunge Most In 6 Months; Banks Battered

European bank stocks are down over 6% in the last 3 days to 5 month lows – the biggest such drop in 13 months. The combination of Draghi’s “no QE”, Austrian bank contagion concerns, and rumors of German banks about to … Continue reading

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“This Could Be The Last Straw” 90% Of China Loan Guarantors Bankrupt

In Wenzhou – dubbed the capital of China’s private businesses – nearly 90 per cent of loan guarantors have failed since the start of the credit crisis arising from the underground banking system, according to the media. As SCMP reports, although their … Continue reading

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The Almighty Dollar Is In Peril As The Global ‘De-Dollarization’ Trend Accelerates

As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the U.S. dollar should be so overwhelmingly dominant in global trade.  In previous articles, … Continue reading

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The End of the Dollar Is Accelerating

By “Punishing” France, The US Just Accelerated The Demise Of The Dollar Not even we anticipated this particular “unintended consequence” as a result of the US multi-billion dollar fine on BNP (which France took very much to heart). Moments ago, … Continue reading

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Largest Austrian Bank Crashes After “Revealing” 40% Surge In Bad Debt Provisions, Record Loss

Ever since 2012, when we first revealed that the biggest problem plaguing Europe’s financial sector is the $2 trillion+ in bad debt on the books of European banks (not our numbers, the IMF’s), it became clear that the only way Europe can avoid a complete … Continue reading

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