According to the Federal Reserve Bank of Minneapolis:
“Negotiations to restructure sovereign debt are time consuming, taking almost a decade on average to resolve.”
According to the Federal Reserve Bank of Minneapolis:
“Negotiations to restructure sovereign debt are time consuming, taking almost a decade on average to resolve.”
Pension funds are secretly meeting to cut pensions…
A elite government bonds trader discovered how money is created and grilled Janet Yellen with questions at dinner.
A week later he was fired.
Brace yourself for the pain, the healing comes afterward.
See the infrastructure and digital foundation for the so-called 4th Industrial Revolution:
To those who can’t imagine alternatives, I say remember…
I consider the possibility that policies were designed to squeeze national currencies out of the communities and thus granting the institutions more control of the national currency with capital controls and financial repression.
The Global systemically important financial institutions (G-SIFI or SIFI) are protected by the new rules and this is the most recent demonstration of the protection racket!
Spain has other banks in trouble, many are putting Liberbank Banco on their watch list.
Liberbank shares fell 20% amid Popular turmoil…
…ignore the rhetoric for justifying the war economy and focus on the actions. Conclusion:
War Escalates and/or spreads to other regions, by design.
It is not an accident, it is policy.
“They and other central bankers have become the standard bearers of a system that can best be described as a reverse Robin Hood scheme, one that takes from the poor and gives to the rich. It’s just that in this tale, the ‘poor’ means everybody not in the top 1%.” […]
“Virtually everybody in the bottom 95% is being economically and financially sacrificed to bail out the prior bad decision of the central banks and their associated governments. And as that’s deeply unfair, it breeds resentment. Psychology tells us that resentment breeds contempt. And once there, relationship are doomed to fail. Our leaders have broken their covenant with the governed, and the governed are increasingly pissed. Expect that simmering anger to boil over at some point.” -Peak Prosperity
You must hear the real Greek Tragedy!
It took a few months, but the Fed’s mouth-to-mouth resuscitation brought gasping investment banks and hedge funds and giant corporations back to life. Wall Street rejoiced.
But the Fed’s academic models never addressed one basic question: What happens to everyone else?
*If Trump or Clinton choose to accept the vote count without a criminal investigation of the rigged voting machines results, I suspect it will be because they are attempting to protect the criminal government machine.
In other words the fraudulent system needs protection from justice, and a president can attempt to pardon the violations and sweep the matter under the rug!
Another peaceful transition for the criminal U.S. government and the rigged markets can sigh with relief.
The New SDR, where as the RMB, AIIB and CIPS will mark their major roles in assisting the emerging markets increase international trade in exchange for the weaker national currencies/goods/services within investment banks, clearing banks, and central banks’ transactions mechanism.