Search Results for: interest rate

Japan: 43% of tax revenue spent to cover interest on debt

Tax debt Japan

It’s entirely possible that we may see interstellar space travel in our lifetime. And what a dream that would be. But in the meantime, for anyone that’s losing patience with space technology, I would recommend you visit Japan. Because for anybody that has been here, this place is as close …

Read More »

Three ways the banking system is rigged against you

banking-system-rigged

If there were ever any doubt about how completely rigged the banking system is against depositors, allow me to introduce the following: Exhibit A: Governments are working to make banks LESS safe Yesterday an unelected bureaucrat that no one has ever heard of made a stunning announcement that has sweeping implications for anyone …

Read More »

How Greece was robbed by the bankers

Greece flag thinking Aristotle

Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much money and went broke; the generous banks gave them money, but Greece still can’t pay the bills because it mismanaged the money that was given. It sounds quite reasonable, right? Except …

Read More »

How Do You Increase Your Borrowing Capacity

Universally, your borrowing capacity may be used in relation to the total amount of loan or credit you are worth. Also, it can mean, the maximum individual limit applicable to you in terms of financing. Borrowing capacities usually vary from one lender to another; this may be down to the …

Read More »

Unsustainable

Pig drowning

When it comes to explaining the problems with our economy, one of the hardest things to do is to get people to understand that we are living in an economic fantasy world that is completely and totally unsustainable.  As a nation we consume far more than we produce, we spend …

Read More »

John Williams: the real unemployment rate is 22% – not 8.1%

Jim welcomes back John Williams from Shadow Government Statistics. John believes the real unemployment rate is 22%, not 8.1%, which is why it still feels like a recession. He also calculates the CPI at 6%, not 2.8%, and explains how the government manipulates the rate of inflation. Lastly, John believes the US is still …

Read More »

The “world’s largest prop trading desk” just went bust

JP Morgan Chase

A month ago we warned that JPM’s CIO office is nothing short of the world’s largest prop trading desk. Not only were we right, but what just transpired is just shy of our worst possible prediction. At the end of the day, the real question is why did JPM put in so much …

Read More »

The evolution of the world’s currencies (infographic)

The evolution of currency systems over the past two centuries, as it turns out, is far more exciting than is usually let on (think political thriller as opposed to economic textbook!). GoldMoney presents, in all its glory, the quixotic history of exchange-rate regimes from 1821 to the present day. Source: http://www.goldmoney.com/gold-research/alasdair-macleod/a-history-of-exchange-rate-systems.html

Read More »

Steve Keen: “Can we avoid another financial crisis?”

Steve Keen Can we avoid another financial crisis

Economic theory is like a layer cake: Explanations within one layer make sense, but once you move to another layer, they no longer apply. Economist Steve Keen‘s new book “Can We Avoid Another Financial Crisis?” is an illustrative example. The good news is that Keen accurately describes the current economic …

Read More »

Barclays fined £26 million for manipulating price of gold for a decade

Barclays capital gold price rigging

It was almost inevitable: a week after we wrote “From Rothschild To Koch Industries: Meet The People Who “Fix” The Price Of Gold” and days after “Barclays’ Head Of Gold Trading, And Gold “Fixer”, Is Leaving The Bank“, earlier today the UK Financial Conduct Authority finally formalized what most in …

Read More »

The global ‘War on Cash’: a country by country guide

Global war on cash country guide

Hang The Bankers readers will be no stranger to the war on cash. However James Corbett from the Corbett Report has made some excellent videos discussing it, conducted interviews about it, written articles examining it and dissected it on the radio. The war has been waged through mainstream propaganda outlets, TV advertisements and even children’s games. We’ve heard cash is dirtied by drug dealing, tarnished …

Read More »

Australia’s largest coal miner makes $15 billion, pays zero tax

Coal mining

Australia’s largest coalminer, Glencore, paid almost zero tax over the past three years, despite income of $15 billion, as it radically reduced its tax exposure by taking large, unnecessarily expensive loans from its associates overseas. At up to 9 per cent, the interest rates on these $3.4 billion in loans …

Read More »

US government sues Standard & Poor’s after AAA downgrade

Standard Poor's

The US government is blaming the financial crisis that catapulted the US into recession in 2007 on debt raters Standard & Poor’s. But by singling out S&P, the DoJ raises suspicions that it might be retaliating for a downgraded US credit rating. In a Monday evening filing in federal court, …

Read More »

Why the New World Order needs Australia

The New World Order is real and the Globalists who desire the establishment of a New World Order are doing everything in their power to create the global government they need to guarantee global control and power. The Globalists will only achieve the establishment of a New World Order under two conditions. …

Read More »

How Blockchain Technology is Impacting Financial Services

The global blockchain market is expected to reach $60 billion by 2024, according to a news report published by Blokt. Blockchain technology has come a long way, with more businesses in different industry sectors bracing for the disruption that it’s expected to bring. In fact, over half of all top managers …

Read More »

Will Brexit Really Impact on Thailand?

If you are willing to risk your state pension, you may be willing to relocate to Thailand in the post-Brexit climate. After all, a Thai official has recently offered British workers the chance to retire to the North of the country and invest in a £60,000, 20-year residency permit. While …

Read More »

How the global collapse will be sold to the masses

world crisis

In our modern world there exist certain institutions of power.  Not government committees, alphabet agencies, corporate lobbies, or even standard military organizations; no, these are the mere “middle-men” of power.  The errand boys.  The well paid hitmen of the global mafia.  They are not the strategists or the decision makers. …

Read More »