Posts Tagged ‘ banking ’

The Global Elite Are Hiding 18 Trillion Dollars In Offshore Banks

The Global Elite Are Hiding 18 Trillion Dollars In Offshore Banks

In recent days, the fact that Mitt Romney has millions of dollars parked down in the Cayman Islands has made headlines all over the world.  But when it comes to offshore banking, what Mitt Romney is doing is small potatoes.  The truth is that the global elite are hiding an almost unbelievable amount of...
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Posted in Collapse, OP/ED, Polemic | No Comments »

Look Out Below – The Nightmarish Decline Of The Euro Has Begun

Look Out Below – The Nightmarish Decline Of The Euro Has Begun

The euro is a dying currency.  On Thursday, the EUR/USD fell below 1.28 for the first time since September 2010.  In fact, as I write this the EUR/USD is sitting at 1.2791.  Back in July, the EUR/USD was over 1.45.  But this is just the beginning.  The euro is going to go a lot...
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Posted in Financial, OP/ED | No Comments »

2012 Will Be More Difficult Than 2011

2012 Will Be More Difficult Than 2011

Do you believe that 2012 will be more difficult for the global economy than 2011 was?  Well, that is what German Chancellor Angela Merkel believes.  The woman that has become the most important politician in Europe recently declared that 2012 "will no doubt be more difficult than 2011".  The funny thing is that she...
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Posted in Financial, OP/ED | No Comments »

And So It Begins – The First Major European Bank Has Been Bailed Out And More Bailouts Are Coming

And So It Begins – The First Major European Bank Has Been Bailed Out And More Bailouts Are Coming

And so it begins.  The first major European bank bailout of 2011 has now happened.  French/Belgian banking giant Dexia has failed and both governments have pledged to participate in a rescue plan.  But Dexia will not be the last major European bank to fail.  Even now, governments all over Europe are feverishly developing plans...
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Posted in Financial, OP/ED | No Comments »

18 Signs That Global Financial Markets Smell Blood In The Water

18 Signs That Global Financial Markets Smell Blood In The Water

Can you smell it?  There is blood in the water.  Global financial markets are in turmoil.  Banking stocks are getting slaughtered right now.  European bond yields are absolutely soaring.  Major corporations are announcing huge layoffs.  The entire global financial system appears to be racing toward another major crisis.  So could we potentially see a...
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Posted in Financial, OP/ED | 4 Comments »