Search Results for: deutsche bank

The elite of the world (exposed on video)

For decades, a shadowy and secret elite organization called the Bilderberg Group has plotted policy together that subjugates humanity under the cover of darkness. Now WeAreChange.org expose them, this is real journalism you won’t see anywhere else. WeAreChange proves Tony Blair lied to parliament about Bilderberg MSNBC Lawrence O’Donnell too …

Read More »

The memo that proves the bankers caused the GFC

Memo GFC

When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn’t believe it. The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal …

Read More »

Goldman Sachs buys $5.7 billion in toxic mortgages

Goldman Sachs toxic mortgages delinquent loans

Most banks hear “delinquent loans” and run, but Goldman Sachs is not most banks. The massive investment bank is greedily betting that it can squeeze value out of delinquent mortgages with a multi-billion dollar purchase of auctioned loans that have unpaid loan balances of $5.7 billion. The Wall Street Journal reports that the investment bank …

Read More »

China launches yuan-based international payment system

Chinese yuan CIPS

China launched the first phase of its China International Payment System (CIPS) in Shanghai on Thursday, allowing cross-border transactions in the Chinese national currency, the yuan. CIPS’ first phase provides clearing and settlement services, according to the People’s Bank of China announcement. Its launch is said to remove hurdles to the yuan’s internationalization by reducing transaction costs and processing …

Read More »

Are global market trends pointing to a recession?

Stock market gold

2016 has been one year that has seen a mixed reaction in both the commodities and the stocks market since the beginning in January. Stock prices have been fluctuating due to the uncertainty in the market as to the effect of the slowing growth in the Chinese economy. Moreover, the …

Read More »

Greek government surrenders to the bankers

Greece Tsipras EU euro

Yes, Greek banks may have been insolvent – something that was clear since the first bailout of 2010 – but at least the Greek state had control over them: as such it could have mandated mergers, recapitalizations, liquidity injections, even depositor bail-ins (perhaps the harshest lesson for the ordinary Greek population as …

Read More »

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 …

Read More »

Germany accelerates gold repatriation as confidence in euro plunges

Germany gold repatriation euro

Berlin is bringing home its gold reserves stored in New York, London and Paris faster than scheduled, Germany’s central bank said Thursday. The move is linked to surging euroskepticism, as new governments in France and Italy may ditch the single currency. The German Bundesbank has already moved 583 tons of …

Read More »

HSBC in damage control following biggest banking leak in history

HSBC bank

HSBC has issued an apology as a political row over its Swiss private banking arm grows, saying it has “no appetite” to deal with clients seeking to dodge tax. In a full-page letter published in some Sunday newspapers, the bank’s chief executive, Stuart Gulliver, said the media revelations in the last …

Read More »

Iceland jails 26 bankers for a combined 74 years in prison

Iceland arrest the bankers jail

In a move that would make many capitalists’ head explode if it ever happened here, Iceland just sentenced their 26th banker to prison for their part in the 2008 financial collapse. In two separate Icelandic Supreme Court and Reykjavik District Court rulings, five top bankers from Landsbankinn and Kaupping — the two largest banks …

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 »

FBI caught planning to kill Occupy leaders

Ideas are bulletproof Occupy

According to journalist David Lindorff, the FBI planned to assassinate the leaders of the now moribund Occupy movement “via suppressed sniper rifles.” Lindorff cites a Freedom of Information Act (FOIA) request filed by the Washington, DC-based Partnership for Civil Justice Fund. The redacted document obtained from the FBI in Houston states: …

Read More »

Chinese yuan accepted as collateral at the LME

China yuan

From Filip Karinja, for Birch Gold Group The ongoing internationalization of the Chinese yuan got a major boost this week with the London Metal Exchange (LME) now accepting the currency as collateral against contracts. This follows regulatory approval from the Bank of England, which now allows the LME to accept five currencies as cash …

Read More »