Search Results for: credit Suisse

RBS: Sell everything, a market crash is coming

RBS sell everything Royal Bank of Scotland

Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 a barrel, economists at the Royal Bank of Scotland have warned. In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return …

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House raises debt ceiling to avoid US default…for now

Debt ceiling

The House voted on legislation Wednesday that will raise the debt ceiling for three months and delay a US default. Even though this is just a short term fix, the Obama administration said it supports it. The legislation prevented a devastating default of US debt and payments next month and …

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Russia & China sign currency swap deal worth $25 billion

Yuan China

The central banks of China and Russia have signed a 3-year ruble-yuan currency swap deal up to $25 billion, in order to boost trade using national currencies and lessen dependence on the dollar and euro. On Monday, China’s Central Bank announced the 150 billion yuan (815 billion ruble) currency swap …

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Ron Paul: “Why I didn’t run as an independent”

Many have wondered if Ron Paul would have run as an independent. Here is his answer: “[I didn’t consider running as an independent because] it is absolutely not practical. This would have been a good year to have an alternative and you can’t get much of a showing either on …

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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 …

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Navigating The Complicated World of Mortgages

Unless you like to move a lot, are a real estate agent, or loan advisor, it can be challenging to navigate the world of mortgages. When it comes to mortgages, you have to deal with industry jargon from the onset. Therefore, it pays to educate yourself to understand how mortgages …

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Ted Talk: How the FBI creates terrorists in America

Ted Talk FBI terrorism terrorists Trevor Aaronson

There’s an organization responsible for more terrorism plots in the United States than al-Qaeda, al-Shabaab and ISIS combined: The FBI. How? Why? In an eye-opening talk, investigative journalist Trevor Aaronson reveals a disturbing FBI practice that breeds terrorist plots by exploiting Muslim-Americans with mental health problems. SEE ALSO: – FBI claims …

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8 signs that a global economic crisis is coming soon

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. Time is now rapidly running out. From China to Brazil, …

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Reserve Bank of Australia quietly increases banks’ bailout buffer

Reserve Bank of Australia

In a globally unique policy, the Reserve Bank of Australia will supply banks with a permanent bailout facility worth up to $380 billion by 2015. The policy has been designed by the RBA to help banks satisfy stringent new liquidity tests which simulate “acute stress scenarios” that deny banks funding …

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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 …

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European banks on the brink of collapse

Europe banking crisis Deutsche Bank

Top financial institutions in Europe have hardly been more vulnerable to an economic tremor, a situation worsened by the collapse of the German credit market as Berlin suddenly stopped issuing new debt. Europe’s top financial institutions are teetering on the edge of collapse as access to high quality debt products have created a liquidity …

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A ‘tsunami’ is about to hit the debt market

Tsunami city debt market bonds

A tidal wave may be coming to the bond market, and it’s not going to be pretty. At least that’s the view of Matthew Mish, credit strategist at UBS. To Mish, the elevated rates of default in the commodity sector and high risk bonds are a harbinger of things to come for …

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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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Why university is a scam: the college bubble

Many young college students, hoping to further their education, are deluded into accepting loans that they believe be can be payed once studies are completed and have received their degrees. This documentary explains how we are molded into an expectation of going through the grades of school, attending college and …

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Ukraine’s National Bank receives another $1 billion from the IMF

Ukraine IMF International Monetary Fund

The fourth tranche of the International Monetary Fund credit of $1 billion to Ukraine has entered the reserve of the National Bank of Ukraine, Ukrainian Finance Minister Oleksandr Danyliuk said Wednesday. The IMF approved a four-year program of financial aid to Ukraine in March 2015. Kiev has already received three tranches of aid totalling …

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What Does the Future of Mobile Gaming Look Like?

Mobile phone technology has come a long way. It feels like it was just a few years ago that we were rocking giant plastic bricks that couldn’t really do much aside from what they were intended for. Fast forward a few years into the future and the only thing modern …

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United States puts its crosshairs on Russia

Russia Putin in meeting

Washington’s attack on Russia has moved beyond the boundary of the absurd into the realm of insanity. The New Chief of the US Broadcasting Board of Governors, Andrew Lack, has declared the Russian news service, RT, which broadcasts in multiple languages, to be a terrorist organisation equivalent to Boko Haram …

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