Blog
The Suicides in Banks Keep Increasing
Deutsche Bank Frankfurt A senior New York lawyer at Deutsche Bank has been found dead. The circumstances pointed to a suicide. The 41-year-old had been [...]
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Party Time – ECB Bank Stress Test Today – 20-40% of all Banks Expected to Fail
Well it has arrived. The ECB stress test of European banks today on Sunday is expected to see at least 20 percent to nearly 40 percent of all European banks [...]
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IMF Lowers SDR Interest Rate to 0.05%
The International Monetary Fund has been forced to change the calculation of its most important interest rate after aggressive monetary easing around the world [...]
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DEFLATION – not HYPERINFLATION Rocks Europe
The assumption of the hyperinflationists has been that governments will just print to meet their obligations. That theory is based upon revolutionary government who [...]
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Putin Throws Down the Gauntlet
Vladimir Putin has effectively accused the Obama Administration and the United States on Friday of endangering global security by imposing a “unilateral [...]
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Almost 50% Increase in Americans Renouncing Citizenship Because FATCA
There was nearly a 50% jump in the number of Americans rushing to renounce their citizenship. It is more than just not paying taxes, the FATCA rules are so [...]
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Dow Closes Strong – Higher Highs or Lower Lows?
The Dow Closed above 16660 and this now opens the door for a rally to test the 17000 level reaching a high perhaps on Thursday. We need the see a closing [...]
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Hillary – Says Business does NOT Create Jobs – Washington Does?
We have a very serious problem with Hillary. I was asked years ago to review Hillary’s Commodity Trading to explain what went on. Effectively, they did [...]
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Politicians Gone Wildly Insane – Taxing 50 cents to Transer 1 Gigabyte on Internet
Politicians are just insane and Hungary illustrates how desperate governments can get. They are proposing to impose a new tax on Internet data transfers in the [...]
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Something Is Dangerously Wrong at the New York Fed
In a speech this week, New York Federal Reserve Board President William Dudley addressed pervasive misconduct within the financial industry, refusing [...]
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