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Deutsche Bank in the spotlight as Merkel states government will not provide a bail-out

Even before the DOJ issued a $14 billion fine against the German financial juggernaut known as Deutsche Bank, the institution was already on life support with an estimated $17.5 billion in assets, and a whopping […]

Au contraire Virginia, Congress can evoke bailouts during any financial crisis

In the aftermath of a negative public reaction to the bailing out of banks with taxpayer money following the 2008 Credit Crisis, Congress passed a law in which future crises in the financial system would […]

Corporations defaulting on debt at levels not seen since the Great Recession

By now every real investor knows that stock markets are rigged not on fundamentals and technicals, but on Federal Reserve and ESF interventions.  And no greater example of this can be evidenced when Goldman Sachs, […]

People around the world buying gold in droves as analysts see loss of confidence in paper currencies

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 […]

Former Chief economist for the BIS says economy is now worse than in 2007

For more than two years, economists in the alternative media have been warning of a coming economic meltdown that would be worse than the Credit Crisis of 2008 simply because the debts are much bigger, […]

The Greek fallacy: Global system needs to cut everyone's debt, not just Greece's

Projection.  It is one of the most common forms of ignoring one’s own issues and problems by making public these same things in someone else.  And for months now the European Union has been projecting […]

What a novel concept… British legislators call for cancelling Greek debt by confiscating money from banks

As Greece races towards tomorrow’s deadline, several legislators within the British government are offering an entirely different solution to the problem.  On June 29, 25 MP’s from outside the leading conservative party have suggested that […]

As Greece is driven into a corner, Tsipris may call for referendum on final EU agreement

With talks during the last real week of negotiations between Greece and the Troika ending in a stalemate, Prime Minister Alexis Tsipris has found himself at a crossroads with no real political or economic solution […]

Greece inches closer to joining BRICS coalition

With both sides still at an impasse, and a billion euro payment to the IMF coming up early in June, rumblings about Greece joining in with the BRICS coalition are starting to heat up, and […]

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