Blog/Banking Crisis

Banking Insurance & The Complete Undermining of the Entire Financial System

COMMENT: Just quizzed the Canadian Bank insurance CDIC. It is obvious they do not have a specific time period in which to pay claims. Kept dancing around the [...]

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Banking Insurance – The Real Risk Behind the Curtain

  COMMENT: I’m sure you are aware but just highlighting that the ‘Assumption’ goes deeper than personal bank accounts, as this is ALSO the assumption [...]

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Bank Insurance Clarification – A contagion eliminates all Rules!

The entire banking insurance schemes created during the aftermath of the Great Depression, are predicated upon an ASSUMPTION that a bank failure is a single [...]

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ECB & the Coming Banking Crisis

  QUESTION: Mr. Armstrong; Your post of November 16th where you state that the ECB is looking to freeze accounts in a banking crisis, does that mean they will [...]

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EU Preparing for the Banking Crisis

Subtly, the EU is looking to establish preparations for the coming banking crisis and how to protect the banks from massive withdrawals. The solution? The EU wants [...]

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European Banking Crisis

There is intense resistance building against the stricter new rules on bad loans among the European banks. This will hit Italy hard and may push off the edge more [...]

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Draghi Knew About Hiding Losses by Italian Banks

The Bank of Italy, when it was headed at the time by Mario Draghi, knew Banca Monte dei Paschi di Siena SpA hid the loss of almost half a billion dollars using [...]

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Why would anyone buy European bank stocks?

The European banking crisis is still brewing. The biggest problem rises from the rules that if a bank is in trouble, they just seize the bank and sell it for €1 [...]

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ECB Negative Rate Experiment May Lead to the Worst Financial Crisis in Modern History

QUESTION: Mr. Armstrong; Your proposition that the quantity of money theory is dead seems to be a true earth shattering perspective. It certainly disproves the [...]

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European Banking Crisis

Perhaps this period will be looked back upon as the Draghi Deflation. After nearly 10 years of this failed policy, the European banking industry is contracting on [...]

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