We may have to rename the global bond market to ‘Fast and Furious -1.0’ because that is exactly what is happening to the expanding amount of sovereign bonds in both Europe and Japan. Last week,
A new Gallup poll out on June 14 shows that very few Americans have any faith in their core institutions, with banks and the media registering near the bottom of the people’s trust. In the
Last year, Wikileaks published a section of the Trans-Pacific Partnership (TPP) agreement which outlined how the super secret trade deal was written to give sovereign power to corporate entities. Now on May 7, a member
On April 13, the FDIC issued a new report from a study they made regarding the ability of major U.S. banks to deal with a systematic financial collapse. And in their findings, the FDIC is
There has already been much rumbling over whether Presidential candidate Ted Cruz was a conservative outsider whom the establishment hated, or if he was simply a wolf in sheep’s clothing to give Republicans the illusion
On March 4, the Bavarian Banking Association recommended to its member banks that they take out all their deposits being held with the European Central Bank (ECB) and stockpile the cash for use as loans
The great civil rights activist Mahatma Ghandi once said, first they ignore you, then they laugh at you, then they fight you, then you win. And for the Bitcoin community, the day of capitulation by
Geo-politics is a messy business, and quite often much more complex than domestic politics. Because when one nation decides to implement a policy that has global ramifications, more often than not innocents can get killed
In November of last year, the government of India attempted to lure their citizens into depositing their physical gold into banks with the enticement of an interest bearing gold savings account. However, barely a few
Seven years, 637 rate cuts, and $12.3 trillion in ‘quantitative easing’ has accomplished little more than to grow the world’s debt bubble to extraordinary proportions. And now that Japan, Switzerland, most of Europe, and even
Almost eight years ago, the former CEO of Bear Stearns appeared on CNBC to say that they were fully capitalized, and had $26 billion in liquidity. Three days later, the 85 year old institution was
As the annual World Economic Forum in Davos ended on Friday, the ‘Masters of the Universe’ returned home to enact some of the many topics they discussed on finance and the global economy. And in
Almost immediately after the Federal Reserve raised the discount rate from near zero to .25%, banks began to raise the cost of borrowing for mortgages, credit cards, and other loans. In particular, Wells Fargo, PNC,
In this month’s commentary from the Hat Trick Newsletter, Dr. Jim Willie reveals three potential black swans on the near horizon that could trigger a collapse of the dollar, and even the entire Western banking
With the Department of Justice and U.S. regulators failing to stop fraud and corruption in the banking system following the 2008 Credit Crisis, it provided the banks a free ticket and ‘get out jail free’
Following the 2008 Credit Crisis, banking policies changed as lending to and for small businesses became a risk that these institutions decided was far too costly when they could simply borrow from the Fed, and
Since 9/11, most of the draconian laws instituted in the West under the guise of ‘fighting terrorism’ were never meant to actually fight and stop these radical groups, but instead they were created to instill
In the aftermath of the terror attacks in Paris last weekend, leaders within the European Union (EU) are functioning as expected by engaging in a reactionary crisis mode as they attempt to appear relevant following
Despite the fact that since 2008, where banks have had almost unlimited access to ‘free money’ through the Federal Reserve’s discount window, their balance sheets have been short liquid capital since most of this borrowing
Fascism is defined as the merging of corporations and state. And while the United States and its ‘elected’ officials have been tools of the banks and corporations for a long time now, never before has
After Greece changed course back in July and accepted the Troika’s demands for austerity measures to receive a new bail-out, the assumption was that only bond holders would be subject to any sort of risk
For decades alternative currencies have been a staple in many localized economies, even in such places as Detroit, MI where a local scrip known as the Detroit Cheers was prevalent during both the Great Depression,