Category Archives: Financial Crisis

Euro Free Falling; Draghi is Dragged with it

Only recently, Draghi announced its 1.5 Trillion Euro Fed like quantitative easing, bond buying spree, and yet it falls below the bankers’ expectations. In fact, Denmark is now hyper-enticing the bond market by offering a subsidy to those who would buy these toxic derivatives.
Continue reading Euro Free Falling; Draghi is Dragged with it

Greek Debt Restructuring Will Burst $100 Trillion Bond Bubble

Syriza’s rise to power in Greece spells the end of the Euro and the high probability of the $100 Trillion derivatives bubble to burst. This obviously is causing sleepless nights for the Cabal.
This is probably one of the reasons why New York City must be shut down in order to give the wolves in Wall Street plenty of time to regroup.
Continue reading Greek Debt Restructuring Will Burst $100 Trillion Bond Bubble

Ukraine Refuses to Pay $6.6 Billion Owed to China; Losing the War

Posted on by Eric Zuesse.
China paid Ukraine $3B two years ago for grain still not delivered, now demands refund. Another $3.6B that’s owed to China, will probably also default.
Eric Zuesse
Russia’s RIA Novosti News Agency reported, on January 17th, that China is demanding refund of $1.5 billion in cash and of an additional $1.5 billion in Chinese goods that were paid in advance by China (in 2013), for a 2012 Chinese order of grain from Ukraine, which goods still have not been supplied to China.
Continue reading Ukraine Refuses to Pay $6.6 Billion Owed to China; Losing the War

Seven Central Banks Take Anti-Deflationary Actions in Past Week

By Pam Martens and Russ Martens: January 22, 2015

The big story this week has not been news coming out of the widely covered World Economic Forum in Davos or the much anticipated bond-buying program in Europe known as QE. The big story is the sheer number of central banks moving into panic mode in the span of a week.
Continue reading Seven Central Banks Take Anti-Deflationary Actions in Past Week

A Bunch Of Criminals

A while ago, ECB President Mario Draghi announced that the Eurozone will print more paper money to bail itself out. This would mean that the banks will continue to circulate worthless currency to keep itself afloat while the population doing the actual hard work is deceptively compensated by it.
No wonder bank CEOs are fattened with huge bonuses even at these trying times.
Continue reading A Bunch Of Criminals

Switzerland Adds to List of Countries Dumping Dollar / Euro

The global movement away from the dollar continues to gain traction when the Swiss central bank signed a pact with China to trade only in yuan or renminbi.
Still, the mainstream media refuse to cover this significant departure…
Continue reading Switzerland Adds to List of Countries Dumping Dollar / Euro

€1.1 Trillion QE for Eurozone Announced; Euro Falling

The European Central Bank President Mario Draghi has decided to flood the Eurozone with Federal Reserve type quantitative easing in the staggering amount of €1.1 Trillion!
As expected the Euro fell, and the Swiss National Bank was right when it decided to decouple the Francs away from the Euro.
Continue reading €1.1 Trillion QE for Eurozone Announced; Euro Falling

Gold is the New Cash

Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz.
© REUTERS/ Leonhard Foeger
Russia Might Implement Gold Standard to Boost Economy: Expert
MOSCOW, January 19 (Sputnik), Kristian Rouz – One of the top-valued metal commodities and a universal monetary equivalent, gold, is heading to exceed the psychological threshold of $1,300/oz., as investors in Asia-Pacific and Europe are gravely concerned with the sudden fluctuations in the Swiss national currency’s FX rate and today’s crash in mainland China’s stock markets.
Continue reading Gold is the New Cash

Swiss National Bank De-pegging of Franc Could End Euro

Last week, the Swiss National Bank decided to abandon the cap of its own currency, and allowed it to appreciate against the Euro. This move prompted investors to move away from the Euro in favor of gold and silver.
Interestingly, this Swiss move comes just a few days from the BRICS financiers’ meeting at the sidelines of the Davos Summit 2015.
Continue reading Swiss National Bank De-pegging of Franc Could End Euro

Swiss Fiasco Started A Run On Gold

BRICS decision to abandon the US dollar in favor of their local currencies, and the establishment of its own gold exchange based in Singapore late last year have started to show effects on the financial integrity of the European economy.
Continue reading Swiss Fiasco Started A Run On Gold

Bankers Panic: Greek Election Could Herald Change in Europe

by Dean Andromidas
[[PDF version of this article]
Jan. 2—The possibility of an anti-bailout and anti-austerity government coming to power in Greece, led by coalition led by the left-wing Syriza party and the nationalist Independent Greeks, has sent terror through the European oligarchy, that their Eurozone, the Europe for the bankers, will collapse. It was in Greece, in 2010, that the imposition of brutal austerity began, in an attempt to save the hopelessly bankrupt European banking system. After Greece, came Ireland, Portugal, the fleecing of the savings of Cypriots, and bankers’ governments in Spain and Italy. The Greek elections on Jan. 25 could be the beginning of the end of this nightmare.
Continue reading Bankers Panic: Greek Election Could Herald Change in Europe

Magic Growth Numbers From U.S. Government

14:08 27.12.2014(updated 14:20 27.12.2014)
by Paul Craig Roberts
 

The financial media and Wall Street economists, by refusing to ask obvious questions, have left the American people unprepared for another drop in their living standards and ability to cope.
Continue reading Magic Growth Numbers From U.S. Government

The ECB Has Lost Control; Spiegel Asks for "Helicopter Money"

The capitalist system, no matter how they justify it being the cause of the present innovations, has reached its obsolescence. In fact, planned obsolescence is deeply embedded in it, i.e. the product must fail over time so that the cycle of demand and profit must never end.
Continue reading The ECB Has Lost Control; Spiegel Asks for "Helicopter Money"

U.S. Treasury Survival Kits; Financial Reset Imminent?

The Office of the Comptroller of the Currency (OCC), which conducts on-site reviews of banks throughout the country is reportedly ordering survival kits which include everything from water purification tablets to solar blankets.
We could not find any other reason for these personnel to have a need for SKs other than, at some point in the near future, they might need to work long hours inside their assigned banks, and each team might need to perform tasks that can’t be suspended until its completely finished.
Considering the huge shift we are anticipating in the financial sector, this preparation might be connected to the said global reset from fiat to asset-based currencies.

Treasury Department Seeking Survival Kits For Bank Employees

BY: Elizabeth Harrington

Emergency masks, solar blankets to be delivered to every major bank in the U.S.

Continue reading U.S. Treasury Survival Kits; Financial Reset Imminent?

Gold Repatriation from U.S. Result in Higher Gold Prices, Weaker Dollar

Executive and research director of the world’s leading gold broker Gold Core Mark O’Byrne stated that as fears grow over huge debt levels in the US, Japan and the United Kingdom, European governments are repatriating their gold from the United States.
Continue reading Gold Repatriation from U.S. Result in Higher Gold Prices, Weaker Dollar

Banker Stabbed in Chest

Another banker bites the dust….

MassMutual Senior Vice President Found Dead, Stabbed In Chest In Apparent Homicide

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A week after stunned Tribeca woke up to news of a grizzly death in which a Citigroup managing director living on Greenwich Street was found dead in his bathtub with a slashed throat and the lack of a suicide weapon on the scene suggesting there was foul play involved, another banking executive was killed over the weekend, when 54-year-old Melissa Millian, a senior vice president at MassMutual, was found lying in a road in Simsbury, Connecticut, having been stabbed in the chest.
Continue reading Banker Stabbed in Chest

Netherlands Has Secretly Withdrawn 122 tons Gold from NY Fed

Everybody is moving towards gold based currencies, as “predicted”.
The Swiss are having referendum  for gold based economy [here]. Last2  years or so, it was Germany that announced gold repatriation from the Federal Reserve, although, it would seem they have not changed their minds  yet
Little did we know that the Dutch were secretly moving back their gold bullion from the NY Fed, too.
Continue reading Netherlands Has Secretly Withdrawn 122 tons Gold from NY Fed

1-Year Sentence for Crashing the Iceland Economy

Another slap on a banker’s wrist for contributing to the destruction of the entire economy…

Iceland Sentences Banker Involved In 2008 Crash to Jail

One year sentence is quickly reduced to three months as banker to decide if he will appeal

Continue reading 1-Year Sentence for Crashing the Iceland Economy

Switzerland May Give Every Citizen $2,600 a Month

November 13, 2013 // 06:45 PM CET
Update: According to ​the folks behind the Basic Income campaign, Switzerland’s government will start discussing the proposal in spring 2015, with the public vote likely to take place by fall 2016.
Switzerland could soon be the world’s first national case study in basic income. Instead of providing a traditional social net—unemployment payments, food stamps, or housing credits—the government would pay every citizen a fixed stipend.
Continue reading Switzerland May Give Every Citizen $2,600 a Month

Financial Eyes on Switzerland Ahead of Gold Vote

Citigroup banker found dead with throat slit in swanky apartment

Large Deposits at Banks are No Longer Money

Here’s the inconvenient details about the new G20 directive for those who have big deposits in their favorite banks.

Russell Napier Declares November 16, 2014 The Day Money Dies

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Continue reading Large Deposits at Banks are No Longer Money

Afghanistan Shocked Wall Street by Jailing 2 Bankers, Freezing Karzai Brother's Assets

Who would expect that a US military controlled territory would jail bankers including an ex-president’s brother?
Previously, Iran executed by hanging a billionaire and three others who were responsible for @2.6Billion bank scam [here], and 2 received life sentences and 25 others received 25 years in prison.
In comparison, the United States has jailed just one banker for PR’s sake.
Continue reading Afghanistan Shocked Wall Street by Jailing 2 Bankers, Freezing Karzai Brother's Assets

The $9 Billion Witness: JPMorgan Chase's Worst Nightmare

Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking

She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn’t take it anymore.
“It was like watching an old lady get mugged on the street,” she says. “I thought, ‘I can’t sit by any longer.'”
Continue reading The $9 Billion Witness: JPMorgan Chase's Worst Nightmare

How The Petrodollar Quietly Died

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Two years ago, in hushed tones at first, then ever louder, the financial world began discussing that which shall never be discussed in polite company – the end of the system that according to many has framed and facilitated the US Dollar’s reserve currency status: the Petrodollar, or the world in which oil export countries would recycle the dollars they received in exchange for their oil exports, by purchasing more USD-denominated assets, boosting the financial strength of the reserve currency, leading to even higher asset prices and even more USD-denominated purchases, and so forth, in a virtuous (especially if one held US-denominated assets and printed US currency) loop.
Continue reading How The Petrodollar Quietly Died

Banking Mafiosi Suicided

A Gambino was suicided last October 20th. He happened to be a Deutsche Bank regulatory lawyer.
Another Deutsche Bank, William Broeksmit, was among those who died mysteriously early this year, and before [here, here, and here].

Deutsche Bank lawyer found dead by suicide in New York

BERLIN Sat Oct 25, 2014 12:38pm EDT
Continue reading Banking Mafiosi Suicided

Bank Apocalypse Drill: False Flag Event or Reset?

BANK APOCALYPSE DRILL: FALSE FLAG OR RESET?
For the first time in the industry’s history, a banking “apocalypse drill” is scheduled for next week.
The “too big to fail” banks are going to “simulate” a bank collapse next week,  because they do realize they are actually failing, which could mean they will simulate a confiscation of all deposits.
How else could a real banking collapse? Would the simulation include erasing all financial debts, too?
Continue reading Bank Apocalypse Drill: False Flag Event or Reset?

A Big Rat Jumps Ship Causing $42 Trillion Shockwave

 Another flaw of the existing system known as the bond market is being exposed as the co-founder to the largest bond fund manager leaves the sinking ship.
The system of debt is unsustainable. It’s time to not just reboot the system, but to install a new one, preferably an Open Source type OS where everybody can participate upon.

Gross Exposes $42 Trillion Bond Market’s Key Flaw in Exit

One man shook a $42 trillion bond market last week, highlighting just how vulnerable bond prices are to shocks.
Continue reading A Big Rat Jumps Ship Causing $42 Trillion Shockwave

China Accelerates Gold Exchange Launching

While the Fed can’t contain its urge to raise interest rates, China will be strengthening its financial status further by launching its gold exchange (as opposed to stock exchange which is nothing but the endless shuffling of paper that has nothing to do with actual production) earlier than scheduled.
With the planned establishment of an alternative to SWIFT, the Cabal’s clout on world finance is diminishing by the day.
Continue reading China Accelerates Gold Exchange Launching

US CORPORATIONS Are Dumping US$ in Favor of RMB

The Financial Reset is already unfolding right before our very noses. But it is done in a subtle manner to lessen mass disruptions.
Exactly who will benefit largely from this shift is still everyone’s guess, yet still we hope it’s the majority — the 99%.
The US Dollar had lost every reason to be the world’s reserve currency.
Continue reading US CORPORATIONS Are Dumping US$ in Favor of RMB

Worldwide Financial Criminal Network 1.0

Here’s a detailed description of who and how the Banksters stole your family’s future…

Worldwide Financial Criminal Network Revealed Part1

(MDC-NYSE) Denver Headquarters of Organized Crime. Illegal Mortgage Backed Securities $100 Trillion, Bank Bailouts, Derivatives $5,000 Trillion and the theft of 12 million American’s Homes through illegal foreclosures.

Continue reading Worldwide Financial Criminal Network 1.0