Search Results for: financial crisis

One of the greatest speeches ever made

[youtube height=”400″ width=”550″]http://www.youtube.com/watch?v=q03cWio-zjk[/youtube]   Ron Paul: This may well be the last time I speak on the House Floor.  At the end of the year I’ll leave Congress after 23 years in office over a 36 year period.  My goals in 1976 were the same as they are today:  promote peace …

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Russian lawmaker seeks to ban US dollar, predicts 2017 collapse

Mikhail Degtyarev

To protect Russians against the “collapsing US debt pyramid”, a Russian legislator has filed a draft bill to ban circulation of the currency in Russia. Once a Moscow mayoral hopeful, Mikhail Degtyarev, 32, likens the US dollar to a worldwide ponzi scheme which he says is scheduled to end in …

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The US will be on a gold standard in 12 to 24 months – Schiff

Gold Standard America Peter Schiff

Today Peter Schiff stunned King World News when he said the US will be back on a gold standard “… in a year or two.” Schiff also said, “I would have expected a (financial) collapse to have already happened.”  Schiff went on to warn, “… at this point I’m going to …

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4 ways to reach financial independence

Simply put, financial independence is defined as having enough wealth to sustain your lifestyle for the foreseeable future. You can achieve financial independence by having enough saved up to last you a lifetime or by having sufficient passive income streams to support you. In this post, we’ve highlighted the four …

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Central banking is financial terrorism

Banking building

“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law …

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Ted Cruz and his Goldman Sachs wife

Ted Cruz Heidi Cruz

Ted Cruz, kicking off his 2016 campaign for the U.S. presidency, extolled his wife’s entrepreneurial spirit by telling of her grade-school bakery business. He didn’t mention the 10-year career at Goldman Sachs Group she just put on hold. Cruz, a Republican senator from Texas, became the first major-party candidate to …

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Brussels ready to back £80bn bailout for Spain

Decision taken following discussion about eurozone’s struggling economy Spanish minister said aid will not come with austerity conditions attached Move comes a day after Spain’s credit rating was downgraded David Cameron has said UK will not contribute funds to eurozone bailouts Euro falls and forecasters say it could hit seven-year …

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US jobs report: a disaster

Unemployment line

Month after month, dismal jobs numbers are released from Washington and quickly spun to either enhance the image of the Obama administration or attempt to smash it. This month, though, there’s only one way to look at the figures — and it’s bad. The US Department of Labor released employment …

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Propaganda: CNN blames refugee crisis on Russia

CNN

The Western media continues to point the finger at Russia, blaming Moscow for fueling the refugee crisis. This time it’s CNN that tried to spin off a story, creating false reports and accusing Russia of causing the refugee crisis in Europe. We’ll give you points, CNN, for trying to James Bond your …

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Reserve Bank of Australia quietly increases banks’ bailout buffer

Reserve Bank of Australia

In a globally unique policy, the Reserve Bank of Australia will supply banks with a permanent bailout facility worth up to $380 billion by 2015. The policy has been designed by the RBA to help banks satisfy stringent new liquidity tests which simulate “acute stress scenarios” that deny banks funding …

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Greenspan: a crisis is imminent, urges a return to the gold standard

Greenspan brisis Brexit

On Friday afternoon, after the shocking Brexit referendum, while being interviewed by CNBC Alan Greenspan stunned his hosts when he said that things are about as bad as he has ever seen. “This is the worst period, I recall since I’ve been in public service. There’s nothing like it, including the crisis …

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If Greece exits, here is what happens

Now that the Greek exit is back to being topic #1 of discussion, just as it was back in the fall of 2011, and the media has been flooded by groundless speculation posited by journalists who have never used excel in their lives and are merely paid mouthpieces of bigger bank interests …

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US will lose the trade war with China – Jim Rogers

US trade war China investor Jim Rogers

If the Trump administration puts sanctions on China, this would hurt America more because it just forces China and Russia and other countries to cooperate, says investor and financial commentator Jim Rogers. US Treasury Secretary Steven Mnuchin warned on Tuesday that the US could impose economic sanctions on China if …

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