Repossession happens when you defaulted on a loan and the creditor takes a property of yours as a means of settling your debt. The car is the most common item you see getting repossessed, and not only is it embarrassing but it’s also quite stressful as you don’t know what …

US branches of Germany’s Deutsche Bank and Spain’s Banco Santander have failed US Fed stress tests, while America’s largest bank, Bank of America, is put on ‘warning’. How far can the ordinary people shoulder responsibility of a failed private bank? Anonymous asks you to join the peaceful revolution from October 1 …

Buying a new home is a big financial decision, regardless of whether you’re a first or second-time buyer. However, before you buy a house, you must think carefully about your needs and budget to ensure you make the right choice. To have a hassle-free experience, read the six steps to …

Police have searched the Paris home of the head of the International Monetary Fund as part of a fraud investigation centred on a supporter of former president Nicolas Sarkozy. Christine Lagarde‘s flat was raided along with that of her office manager and the home of businessman Bernard Tapie, a former politician, …

Human needs are indeed unexpected. Often spending is greater than the amount of income. Many banks or cooperatives offer you money lending. You can even get an online loan easily now. You will know how the interest, the amount of money to be paid, and the agreement will be the …

The holidays are an exciting time of the year. Families set up Christmas trees. They decorate their homes with tinsel and lights. Christmas music plays everywhere. Families attend night church services featuring Christmas carols and children’s plays. These are all exciting, but nothing beats the biggest activity of the season; …

On Thursday, 2 November 2017, the MPC of the Bank of England voted by a margin of 7-2 to raise the bank rate by 25-basis points. This long-overdue decision was roundly applauded by financial markets, and the bank rate promptly rose to 0.50%. The impact of a bank rate hike …

Part 1 – The Eight Families The Four Horsemen of Banking, Bank of America JP Morgan Chase Citigroup Wells Fargo, …own the Four Horsemen of Oil, Exxon Mobil Royal Dutch/Shell BP Chevron Texaco, ..in tandem with, Deutsche Bank BNP (Banque Nationale de Paris) Barclays other European old money behemoths But their …

While markets are forecasting only a 10 percent chance of a global recession, Danish investment firm Saxo Bank puts the odds at over 60 percent. “Our main global macro outlook still maintains that recession is more likely than not in the near future (12 to 18 months) based on the …

The online loan has become the most favorite choice for many people in this digital era. This can be proven by the proliferation of providers. Although there are so many online lenders out there, there are only a few of the best licensed Money Lender  How do you know? Check …

by Andrew Huszar (Former Federal Reserve employee) I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool …

Since Bitcoin arrived (ok not ‘arrived’) as there is no physical back in 2008 there have many companies and big Industries like Dell and Microsoft that take advantage of the crypto currency, and if you have a business of your own but are not using bitcoin, then you really could …

A leaked memo shows the Bernie Sanders campaign considered asking the Democratic National Convention for a private plane as part of his endorsement of Hillary Clinton to help “keep his movement energized.” The memo, entitled ‘End Game’, was drafted on June 5, only two days before the California primary, and was …

The war on cash just got serious, and of course, it is the extreme policy experimenters of Japan that are pushing the boundaries. Having dived headlong into negative interest rates, Japanee policymakers recognize full well the historical reaction of “hording cash” will not ‘create’ the nirvana of 2% inflation and …

Switzerland will hold a referendum to decide whether to ban commercial banks from creating money. The Swiss federal government confirmed on Thursday that it would hold the plebiscite, after more than 110,000 people signed a petition calling for the central bank to be given sole power to create money in the …

German Deutsche Bank has been fined $258 million by American regulators for conducting business with US-sanctioned countries including Iran, Syria and Libya. The fine will be paid to the Federal Reserve and New York State Department of Financial Services. The ruling against Deutsche Bank also stipulated that the people responsible …

In the current business world of high technology, you as a restaurant owner need the best software management program you can find to help you keep your restaurant business running smoothly. Your restaurant business takes a lot of work, effort, and time like all businesses, and most days you do …

Combined tightening by the United States and China has done its worst. Global liquidity is evaporating. What looked liked a gentle tap on the brakes by the two monetary superpowers has proved too much for a fragile world economy, still locked in “secular stagnation”. The latest investor survey by Bank …

What else can we do with the $1.25 trillion we’ll save by eliminating these obsolete financial middleman parasites? A lot. Technology has leapfrogged the banking sector, rendering it as obsolete as buggy whips. So why are we devoting 9% of our economy to an obsolete parasite?  Financial sector profits now …