Governments with mountains of debt are resorting to tax hikes and austerity policies.
All pensions are threatened…
Rarely heard in association with senior central bankers are words or expressions like “accused”, “charged” or “under investigation.” But in Spain this week a court broke with that tradition…
When Will The European Union Collapse… The Fascist EU is seriously ill. The European Union demands Britain pay over £500 billion to exit! Can Britain get out of the EU? ~Ron EU Demands Half A £Trillion for UK To Leave…
…to Russians, cash is king, even online, and what makes this possible is the QIWI system which allows users to shop and pay bills without transmitting sensitive banking information or credit card numbers over the Internet. QIWI customers simply deposit their cash into an ATM-like machine and use it to make transactions.
QIWI was launched in 2004 and by 2013 had 169,000 terminals in Russia alone, more than double the number of any bank’s ATMs.
“The Bank, its property and assets and all deposits and other funds entrusted to it shall be immune in time of peace and in time of war from any measure such as expropriation, requisition, seizure, confiscation, prohibition or restriction of gold or currency export or import, and any other measure.”
~Article 10, Instrument of Foundation, Bank of International Settlements [BIS]
JP Morgan’s surveillance program, which is being tested in the trading business and will spread throughout the global investment-banking and asset-management divisions by 2016, offers a glimpse into Wall Street’s future.
However, the true punchline is this: [Usher] joined JPMorgan as head of spot foreign exchange in 2010, where he became a member of the now-defunct Bank of England’s Chief Dealers Sub Group, a collection of about a dozen currency traders and central bank officials who met at restaurants and bank offices to discuss industry developments.
In other words, all of this rigging, all of the FX manipulation, all of the criminal abuse of innocent, naive market participants took place with the Bank of England’s own seal of approval.
“What’s Really going on in the markets; what you don’t see.
What’s important is… in that hedge fund mode. Is to not get … to not do ANYTHING remotely true…” -Hedge Fund Expert
The European Union Commission is demanding Britain pay £1.7 Billion, News media are reporting Prime Minister David Cameron is furiously refusing, and the rift may influence the UK to exit the European Union.