Search Results for: Deutsche Bank

The Fed and the ECB determine to destroy the middle class

While Wall Street cheers the actions by the Fed to further enlarge its already bloated Balance Sheet, those of us who live on Main Street should get accustomed to further increases in our food and energy costs. What I find rather perverse, is the statement by the FOMC that “longer …

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Our problem is the Federal Reserve – David Stockman

Former OMB boss David Stockman told CNBC that Romney’s vision of capitalism is not possible if the Federal Reserve continues to run the economy. Stockman said the only candidate that had it right was Ron Paul. “He was the only one that had it right about the Fed,” Stockman said. …

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WikiLeaks bypasses financial blockade with Bitcoin

People shouldn’t fear their government; government should fear its people. Publishers and journalists will not be intimidated nor silenced. Now entering day 626 of the financial blockade against WikiLeaks, Julian Assange sits in the Ecuadorian Embassy in London awaiting safe passage. Following a massive release of secret U.S. diplomatic cables in November …

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Israeli soldiers abuse Palestinian kids: report

Palestinian child Israeli soldiers

Israeli veterans have spoken out, describing a degrading culture of abuse and harassment of Palestinian children in the West Bank and Gaza. A report containing 30 veterans’ testimonies details numerous cases of violence committed by Israeli soldiers. The report was released to world media on Saturday by Breaking the Silence, …

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United Nations looking to control the internet

United Nations

United Nations report calls for Internet surveillance, saying lack of “internationally agreed framework for retention of data” is a problem, as are open Wi-Fi networks in airports, cafes, and libraries. The United Nations is calling for more surveillance of Internet users, saying it would help to investigate and prosecute terrorists. …

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Currency war against Iran: Rial drops 20% in one day

The economic war waged against the people of Iran by the United States and the European Union is beginning to show results. “Iran’s rial plunged against the U.S. dollar in open-market trade on Monday, taking its loss in value over the past week to more than a quarter in further …

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Italian banks are going bust

Italian banks Italy

Italian banks face some big problems. The thing is they are pretty much the same as last year. Shares in Italian banks have slumped this year, amid fears that lenders need more capital to manage losses on bad loans. While some banks could do with raising capital—UniCredit for one has a thin …

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Exposed: JP Morgan’s gold and silver price manipulation

JP Morgan exposed

When just one firm accounts for 99.3% of the physical gold sales at the COMEX in the last three months it’s not what most of us on this side of the rainbow would consider “broad-based” selling. Of course discovering this kind of relevant information requires an internet connection, 2nd grade …

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Central banks dump U.S. debt at record pace

Central banks dump US debt record pace

Global central banks are unloading America’s debt. In the first six months of this year, foreign central banks sold a net $192 billion of U.S. Treasury bonds, more than double the pace in the same period last year, when they sold $83 billion. China, Japan, France, Brazil and Colombia led …

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Fed president: US banks have “half the equity they need”

US banks half equity

In a scathing editorial published in the Wall Street Journal today, the president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, blasted US banks, saying that they still lacked sufficient capital to withstand a major crisis. Kashkari makes a great analogy. When you’re applying for a mortgage or business loan, sensible banks are supposed to …

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Global economy at crossroads: time to hoard cash or gold?

Cash gold

From Filip Karinja, for Birch Gold Group The global economy is at a crossroads according to Mohamed El-Erian, chief economic adviser at Allianz Global Investors. The former Pacific Investment Management Company chief executive blamed central bank asset purchases (QE) for creating a distortion between the price of assets and their fundamentals. …

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Will Israel hack the US banking system computers and falsely blame it on Iran?

Zionist false flag Israel Netanyahu

…or will Israel blow up something and falsely blame it on Iran instead? According to U.S. officials, Israel is training and supporting Iranian terrorists who are trying to topple the Iranian government. Those Israeli-funded terrorists have faked documents to falsely indicate that Iran is building a nuclear bomb. 1 Israel has admitted to previous use of false …

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Australian banks at risk

big four banks Australia

Despite yesterday’s blowout $6 billion or so profit from ANZ, it turns out all is not entirely well in Australia’s financial services industry. For the last five years, the pattern in the markets has been the same. A crisis starts at the margin, with a peripheral player, and then moves …

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OpIcarus: Anonymous shut down central banks, call for ‘online revolution’

OpIcarus Anonymous central banks online revolution

Hacktivist collective Anonymous has launched cyber-attacks on major financial institutions across the world, including the Bank of England, in order to “start an online revolution.” Hackers claimed to have taken down the Bank of England’s internal email server as part of an operation dubbed ‘OpIcarus.’ Mail.bankofengland.co.uk was down for part of …

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Australia’s big-banks bonanza

AUSTRALIA’s big banks have been ranked the most profitable in the developed world for the second year running by the influential Bank for International Settlements. Despite slower credit growth threatening to crimp local lenders’ profits, the big four enjoy wider interest margins and lower costs than most of their overseas …

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