Italian voters have embraced the global trend of rejecting the established world order, but the “no” vote on Sunday has plunged global financial markets into a state of utter chaos. The euro has already fallen to a 20 month low, Italian government bonds are poised for a tremendous crash, and futures markets are indicating that […]
The recent attacks in Paris and in Brussels were just the tip of the iceberg of a massive wave of Islamic terror that is soon coming to Europe. As you will see below, the Associated Press is reporting that ISIS has specially trained “at least 400 attackers” and has already sent them into Europe with specific instructions to conduct terror operations.
Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe it, this is now under serious consideration. Since 2008, global central banks have cut interest rates 637 times, they have injected 12.3 trillion dollars into the global financial system through various quantitative easing programs, and we have seen an explosion of government debt unlike anything we have ever witnessed before.
[Caption/Credit above photo:Yanis Varoufakis claims he had approval to plan a parallel banking system (Photo: Kostas Tsironis/Bloomberg)] Former Greek finance minister Yanis Varoufakis claims he was authorised by Alexis Tsipras to look into a parallel payment system A secret cell at the Greek finance ministry hacked into government computers and drew up elaborate plans […]
Greek Finance Minister Yanis Varoufakis has described the actions of Athens’ creditors as “terrorism,” but said agreement with them was inevitable in an interview published hours before a landmark referendum to accept or reject the bailout terms. “What they are doing with Greece has a name: terrorism,” Varoufakis told Spain’s El Mundo daily. Why have […]
Greece failed again to clinch a deal with its international creditors on Thursday, setting up a last-ditch effort on Saturday to avert a default next week amid fears of financial market turmoil. Euro zone finance ministers ended their third meeting in a week without agreement after the three creditor institutions put a final cash-for-reform proposal […]
As we move toward the second half of 2015, signs of financial turmoil are appearing all over the globe. In Greece, a full blown bank run is happening right now. Approximately 2 billion euros were pulled out of Greek banks in just the past three days, Barclays says that capital controls are “imminent” unless a […]
The EU court’s decision represents a “severe blow to the Palestinian Authority and Egypt,” according to Palestinian political analyst Raed Abu Dayer. Any victory for Hamas, albeit a small and symbolic one, is a victory for the Islamic State, Al-Qaeda, Islamic Jihad, the Muslim Brotherhood and other fundamentalist groups, and causes tremendous damage to those […]
The oppressors change, oppression does not. The U.S. and EU expressed concern about media freedom and the independence of the judiciary in Turkey. Turkey changes, and it does not. The oppressors change; oppression does not. Every Turkish courtroom sports in big, bold letters the proud dictum: “Justice is the foundation of the state.” Perhaps that […]
copyright 2018 Blog WordPress Theme By ThemeShopy