Search Results for: credit Suisse

World’s first Bitcoin bank opens in Austrian capital Vienna

Bitcoin bank Austria Vienna digital currency

The world’s first dedicated bitcoin bank has opened in the center of the Austrian capital Vienna. It is designed to make buying and selling bitcoin easier and safer than other in-person options. The digital currency outlet is owned and managed by a local Blockchain startup Bit Trust and is named …

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NatWest bank may start charging customers to hold cash

NatWest bank charge customers hold cash

NatWest has said it may start charging customers to hold cash if the economy takes a tumble. The bank warned more than one million of its customers it could introduce negative interest rates if that were to happen. This would mean customers are effectively paying the bank to hold their …

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95% of Greek ‘bailout’ money went to European Banks

Greek bailout European banks

I simply cannot stress enough how important Greece is to freedom, liberty and civilization across the globe. Greece is not a one-off, or merely a small nation in big trouble that holds little relevance for the rest of us. Greece is everything. What is happening to Greece follows the exact same …

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US national debt hits $18 trillion, 70% increase under Obama

Obama debt

The national debt increased $32 billion dollars in one day to surpass $18 trillion on November 30. That’s a 70% gain under President Obama, who inherited a $10.6 trillion debt when he took office. Keep in mind, Obama was elected in part on the promise of addressing the national debt. …

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Bank run fears in Bulgaria

Dozens of depositors have withdrawn savings from Bulgaria’s third biggest bank despite assurances from the government and the European Union that their money was safe after a similar run shut down another major lender last week. Bulgarian authorities have arrested four people suspected of trying to destabilise the banking system in a concerted …

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Facebook is censoring this HangTheBankers.com article

Facebook censored article Hang The Bankers

In the past week we have seen the social media networks do their best to censor liberty minded accounts and in some cases just plain and simple delete them. This has not gone unnoticed and if anything has backfired on the likes of Facebook and Youtube with people waking up …

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Iceland sticks it to international bankers and writes off massive mortgage debt

Iceland

Iceland’s government has announced that it will be writing off up to 24,000 euros ($32,600) of every household’s mortgage, fulfilling its election promise, despite overwhelming criticism from international financial institutions. The measure was introduced by the country’s prime minister, Sigmundur David Gunnlaugsson, the leader of the Progressive Party which won …

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On this day in 2016

For a presidential election taking place when the US debt/GDP has for the first time in 70 years crossed above 100%, in which over 50 million Americans collect food stamps and disability, in which M2 just crossed $10 trillion, in which total US debt is about to pass $16 trillion, …

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This time had better be different: Australian Housing Prices and the Banks

In last week’s post I showed that there is a debt-financed, government-sponsored bubble in Australian house prices (click here and here for earlier installments on the same topic). This week I’ll consider what the bursting of this bubble could mean for the banks that have financed it. Figure 1 Betting the House For two decades after …

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Making America great again the Trump way

Making America great again the Trump way

President Trump won the 2016 US presidential elections with the promise of making America great again. Read superficially, the slogan does not mean much; but analyzed based on the proposed policy changes by the Trump administration, one starts to figure out what President Trump means by making America great again. …

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How to Get Out of Loan Debts Smartly?

how-to-get-out-of-loan-debts

Today, it is almost impossible to find a single Canadian household which doesn’t have debt or credit on its head. While most are living with it and managing the debt well by continuously paying off the loans and credit card bills, there are a few who end up borrowing more …

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The Advantages and Disadvantages of Taking Out Payday Loans

Payday loans have a somewhat bad reputation and with good reason. There are many loan companies that have predatory practices, with excessive interest rates, hidden charges, and debt traps. However, not all payday loan providers are predatory, and payday loans certainly have their own advantages as well, which is the …

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How has Brexit impacted on the automotive industry?

While the UK and the EU have finally agreed on a so-called divorce bill that could yet reach £57 billion, there remains a huge amount of uncertainty concerning the exact outcome of the Brexit process. This is having a detrimental effect on numerous industries, with the automotive sector offering a …

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Cryptocurrencies at online entertainment

Using cryptocurrencies at online gaming is something that a lot of people want. There seems to be a strong overlap between the people who like to use cryptocurrencies and the people who enjoy gaming of all kinds. It makes sense that this would be the case, even though people are …

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Sears Holdings Corp Announces More Store Closures

Sears Holdings Corp is cutting costs by any means. The corporation’s latest efforts to save a dollar, and itself, involves closing eight of its namesake department stores along with 35 Kmart locations throughout the nation. Sears executives believe that such a move will reduce the cost of square footage the company …

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