Search Results for: debt

Donald Trump: NATO is obsolete, UN doesn’t fix anything

Donald Trump NATO obsolete United Nations

Donald Trump on Saturday went further than ever before in his criticism of the North Atlantic Treaty Organization, telling a crowd here that we would be fine if NATO broke up. Mr. Trump had previously questioned the need for the organization, and on Saturday he reiterated his criticism that other …

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Saudi Arabia posts $135 billion deficit

Saudi King Salman bin Abdulaziz

Saudi Arabia on Monday said this year’s budget deficit amounted to $135 billion (367 billion riyals) as lower oil prices cut into the government’s main source of revenue, prompting the kingdom to scale back spending for the coming year and hike up petrol prices. A royal decree announced that petrol prices …

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CNN is telling people the stock market is fine

CNN stock market bull

From Filip Karinja, for Birch Gold Group Stock markets around the world are teetering upon a major correction, as we saw chaos unfold last week in the equities markets. If you saw chaos and panic on the road while driving your car, you would likely slow down, investigate the situation and perhaps change …

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Global derivatives: $1.5 quadrillion time bomb

Finance chart derivatives

When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements (BIS) data show around $700 trillion in global derivatives.  Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion – …

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NSA caught spying on 3 French presidents

François Hollande France

President François Hollande has called an emergency national defence council meeting after allegations by the online whistleblower WikiLeaks that America’s National Security Agency (NSA) spied on three successive French presidents. The meeting will be held at 9am on Wednesday “to evaluate the nature of the information published by the press… and to draw useful conclusions,” a …

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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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Russia is stockpiling gold bullion

Russia Putin gold

Lately Russia has been buying gold by the ton — 37 tons in September alone. Why? One obvious answer is that gold is now cheaper than it has been for quite a while and Russian President Vladimir Putin knows a bargain when he sees one. But Western countries have been …

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China’s central bank to inject $81b stimulus into top 5 banks

Chinese central bank

China‘s central bank is injecting 500 billion yuan ($81 billion) into the country’s five major state-owned banks as it moves to counter slower-than-expected growth in the world’s No. 2 economy, according to a senior Chinese banking executive. The move contributed to a rise in Asian markets early Wednesday, but falls …

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Bankers Bag Nobel Peace Prize

European Union flags fly in front of the European Commission headquarters in Brussels

For the millions of Europeans now protesting against brutal austerity measures, awarding the Nobel Peace Prize to the European Union must seem no less unthinkable had the Committee of Five handed their tarnished trophy to Anders Breivik, the nationalist who indiscriminately killed 77 people last year in a madman’s attempt …

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Bank of America to fire 16,000 by year end

Curious why nearly 4 years ago to the day Ben Bernanke and Hank Paulson told Ken Lewis to purchase Merrill Lynch “or else” (but to make sure everyone gets paid their bonuses bright and early with no cuts)? It certainly had to do with the stock price and preserving the …

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The physical silver market is getting dangerously tight

With continued volatility in global stock markets, and gold staging a big rally off of the lows, today King World News interviewed one of the wealthiest and most street-smart pros in the business, Rick Rule.  Rule told KWN that when it comes to silver, “there is the strong case for …

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World War 3: why Russia and Syria are being targeted

Putin Cameron Obama

Contrary to popular belief, the conduct of nations on the international stage is almost never driven by moral considerations, but rather by a shadowy cocktail of money and geopolitics. As such, when you see the mouthpieces of the ruling class begin to demonize a foreign country, the first question in …

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War is a racket

War is a racket Smedley Butler

Written in 1935 by Major General Smedley Butler CHAPTER ONE War Is A Racket WAR is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which …

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JP Morgan’s secret London gold vault located

JP Morgan 60 Victoria Embankment London

In a world defined by “financial innovation”, where $1 of hard collateral can spawn over $1000 in repoed and rehypothecated liabilities (and assets), where “shadow banking” is far more important than traditional bank liabilities (and to this date remains completely misunderstood), and where every month the central and commercial banks force create …

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Britain’s VIP pedophile ring exposed

British Pedophile ring Thatcher VIP

Now that most of the major figures are dead, the truth is emerging about the systematic sexual abuse of children by members of the British government. A newspaper editor was handed startling evidence that Britain’s top law enforcement official knew there was a VIP pedophile network in Westminster, at the …

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Government is ‘robbing’ citizens of their wealth through inflation

Inflation ahead sign

Political commentator and freedom advocate Floyd Brown knows what the U.S. government is up to, and he’s calling Washington on it. In this one-on-one interview, find out why the president of the Western Center for Journalism believes Americans are systematically robbed of their savings through a deliberate devaluation of the …

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Breaking: 2013 Bilderberg attendee list released

Bilderberg Watford

Here is the official list of attendees for the upcoming Bilderberg meeting at The Grove in Watford, England, as well as the agenda. Hertfordshire, England 6-9 June 2013 Current list of Participants Status 3 June 2013 Chairman FRA Castries, Henri de Chairman and CEO, AXA Group       DEU …

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Americans are being prepared for full spectrum tyranny

Totalitarian governments, like persistent forms of cancer, have latched onto the long history of man, falling and then reemerging from the deep recesses of our cultural biology to wreak havoc upon one unlucky generation to the next. The assumption by most is that these unfortunate empires are the product of …

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The biggest price-fixing scandal ever

Libor

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this …

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