Bank Fraud
Great Collapse (GC) of 2019, doing so
with little or no advance warning… Banks will be the major contributor to the collapse of the United States economy, banks have become EVIL,SRH. Usury is, by modern definition, the illegal practice of lending money at unreasonably high rates of interest. Usury is usually carried out with the intention of the lender, or usurer, gaining…
Read MoreBlain: “Step Back, Hunker Down, Get Ready…”
“Vulgar, but not a vulgar as Louis Vuitton, thought Sherman.” Perhaps it’s time to think about the unthinkable and close markets for a few weeks? Today we might be seeing a rash of desperate new efforts by central banks to promise liquidity to Treasuries, to pump money into stocks and shares in Norway and Japan……
Read MoreWe Just Witnessed The Largest Single Day Stock Market Point Crash In History (Again)
It has happened again. On Thursday the Dow Jones Industrial Average fell 2,352 points, which was the largest single-day stock market point crash in history. Of course, the old record only lasted for three days, because on Monday the Dow dropped 2,013 points. And on Wednesday, we actually witnessed the third-largest single-day stock market point…
Read MoreDeutsche Bank, Donald Trump, And An Epic Trail Of Destruction
The Institutional Risk Analyst, we review the new book by David Enrich, “Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction.” Enrich is currently a financial editor at The New York Times and was previously an editor at The Wall Street Journal covering financial institutions. This important book puts in perspective the history of Deutsche Bank AG (NYSE:…
Read MoreFormer Co-Head Of Investment Banking At Goldman Asia Banned For Life By The Fed
Former Goldman Sachs partner Andrea Vella has been barred from the industry over his involvement in the Malaysian investment fund scandal known as 1Malaysia Development Berhad (1MDB), a press release from the Federal Reserve said Tuesday. Vella, a former the Goldman Sachs’ co-head of investment banking for the Asia Pacific, was placed on leave in 2018 after…
Read MoreChina Bloodbath: Stocks Crash; Oil, Iron Limit Down Despite Emergency PBOC Intervention, Rate Cuts
previewed on Friday and again earlier today when we noted the latest trades in China’s A50 futures… … China’s reopening from the long Lunar New Year holiday was set to be ugly, and sure enough with Chinese stocks resuming trade at 9am on Monday, a wave of selling was unleashed culminating in nothing short of a bloodbath…
Read MoreFed Policy And The Wuhan Coronavirus
When all you have is a hammer, everything looks like a nail. Abe Maslow, the same fellow who developed the “hierarchy of needs” paradigm in human psychology, popularized that phrase to warn scientific researchers about the perils of using tools inappropriate to the task at hand. It is an especially relevant observation when it comes to…
Read MoreBernanke Hints At Negative Rates, “Purchases Of Private Securities” To Fight Next Recession
…We can’t rule out the possibility that, at some point in the next few years, our economy will slow, perhaps significantly. How would the Federal Reserve respond? What tools remain in the monetary toolbox? By Ben Bernanke First steps for easing policy …Given where we are today, how would the Fed respond to a hypothetical economic…
Read MoreDalio & Tudor Jones Warn: “We Will Kill Each Other” If Our Broken Economic System Isn’t Fixed
Two hedge fund icons – Bridgewater founder Ray Dalio and Paul Tudor Jones – joined Yahoo Finance for the 2nd annual Greenwich Investment Forum earlier this month. Speaking directly after Connecticut Gov. New Lamont, with whom Dalio is working to bolster Connecticut’s schools via a $100 million gift – the largest charitable gift the state has ever…
Read MoreDoug Casey On The Destruction Of The Dollar
“Inflation” occurs when the creation of currency outruns the creation of real wealth it can bid for… It isn’t caused by price increases; rather, it causes price increases. Inflation is not caused by the butcher, the baker, or the automaker, although they usually get blamed. On the contrary, by producing real wealth, they fight the effects…
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