Blog/Banking Crisis

IMF Proposed to Create Disaster Fund for Eurozone not USA

QUESTION: Mr. Armstrong; Do you advise the IMF or are they just taking your warnings and mimicking them? They are now telling everyone in Europe, not the United [...]

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Eurozone Banking Crisis – ECB Delays Rules for Bad Loans until 2021

The European Central Bank (ECB) has postponed its new guidelines for banks because if it did not, the Italian banking system would simply collapse. The ECB has [...]

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Will US Companies Repatriating Cash Home Create Banking Crisis Outside USA?

  QUESTION: Mr. Armstrong; Do you believe that if American companies do repatriate dollars to get the low tax rate in the USA, will this impact foreign banks [...]

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Interbank Market Collapsing

QUESTION: Mr. Armstrong; Has interbank lending collapse due to a lack of confidence concerning counter-party risk? Thank you for being a rare source [...]

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Lativa Banking Crisis Unfolding on Schedule – Will it Lead to a European Contagion?

  The Latvian Financial Supervisory Authority is concerned announcing a resolution plan for the crisis bank ABLV that is threatening a contagion risk of [...]

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Canada Also Adopted the BAIL-IN moving from Socialism to Tyranny

Yes – Canada has also adopted the BAIL-IN abandoning the socialist BAILOUT so banks can take depositors money legally. This is how we move from Capitalism to [...]

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The Coming Banking Crisis & The End of Bailouts

Behind the curtain, there is a growing concern about a serious banking crisis beginning once again in Europe. Many governments are talking about the crisis [...]

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ECB Forced to postpone New Stricter Credit Rules Indefinitely

The ECB’s was forced to suspend its new stricter credit rules indefinitely concerning bad loans. The banks were screaming “you idiot”  for it [...]

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COUNTERPARTY RISK

COUNTERPARTY RISK QUESTION:  In regard to counterparty risk when purchasing exchange traded funds or notes: With European banks being under capitalised due to [...]

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The EU Bad Loan Crisis to Get Much Worse – The Solution = Financial Pandemic

The bad loan (“non-performing loan” (NPL)) crisis in Europe is well known and many have been calling for this issue to be addressed. In Italy, the bad [...]

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