The ECB and China are allowing their banks to post the very same products that Blew-Up the Financial World as collateral for loans. The banking crisis in Europe is devastating because the reserves were the various euro bonds of all member states. Cyprus went down because of their losses on Greek bonds. Banks is Europe […]

This is precisely what we are talking about. The rise in unemployment will be furthered by the continued collapse in state revenue that will force reductions in state employees. In the USA, the city of Detroit filed for bankruptcy. This is the trend we face and government is honestly too stupid to see the trend […]

Perhaps the number one question I always get about the ordeal I went through and the sheer chaos that surrounded everything, was just who really was behind the plot to blackmail the former head of Russia Boris Yeltsin to stop him from running for reelection in 2000 and hand-pick Boris Abramovich Berezovsky? It is true […]

The civil war in Syria has long-reaching consequences for the whole region. However, nothing is more serious than making the same mistake twice. While it is popular to demonize both the leaders of Syria and the former leader of Iraq Saddam Hussein, what both did was keep the religious zealots in check. The consequences for […]

The EU is changing the rules concerning deficits. Whatever countries spend on infrastructure will be exempt from the deficit, even though the debts will increase further. Their idea of creating jobs is to hire more government workers rather than reduce taxes to create business. Just amazing. http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http://deutsche-wirtschafts-nachrichten.de/2013/07/05/eu-fordert-staaten-auf-haushalts-defizite-zu-manipulieren/

When Diocletian (284-305AD) came to power after the Great Monetary Collapse of the 3rd Century, he sought to restore the economy even reintroducing silver coins. However, to accomplish that he imposed aggressive taxation and invented passports since you could not travel leaving your town unless you paid your taxes. This is exactly what is in […]

The Euro has plummeted dropping to 12900 zone. Our Daily Bearish on the spot lies at 12940. Portugal interest rates have jumped to 8% and will move higher. Austria has closed 25% of all the branches of their bank in crisis, and we are waiting for the first crack in German banks. The EU Commission […]

Since 2010, members of the German Parliament have been using the iPad in the office, and the Parliament approved the iPad as a paper-replacement for reading speeches. But that said, improvements economically have not taken place. German net worth per family is among the LOWEST in Europe because of excessive regulation and high taxation. The socialist […]

People are just starting to wake up that there are other people behind the curtain who just feel that they have to know everything everywhere all the time. When our model correctly forecast the collapse of the Russian economy and the London Financial Times broadcast that all over the place, things started to get dicey […]

A revelation is dawning that the excuse of the NSA looking for terrorists but taking absolutely everything, is at last causing a light to go off. European politicians realize that they are targets and the name of the game is to blackmail anyone that the NSA simply does not like. They realize that the New […]