Defuse the Euro Time-Bomb with a Global Glass-Steagall
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Tag Archives: bail-in collapse
As our readers will be well aware, and other too we hope, unless the Glass-Steagall law of banking separation is reenacted in short order a tsunami of derivatives debt is going to descend with a fury that will sweep away … Continue reading
A worldwide stock-market rout as August began, accentuated in European markets, reflected flashing red signals of the trans-Atlantic financial system in trouble. Of most import is the collapse of Portugal’s largest banking group, Espirito Santo. The last part of that … Continue reading
Argentine President Cristina Fernández Kirchner, G77 Summit, Bolivia “In this kind of anarcho-capitalism, where a small group of financiers runs the rest of humanity, a group known as ‘vulture funds,’ obtained debt instruments at absurdly low prices—if the value was … Continue reading
Interviewed live on the Voice of Russia June 26, on the occasion of House Speaker John Boehner’s announcement of his intent to sue President Obama for failing to follow his oath of office, American statesman Lyndon LaRouche gave a straightforward … Continue reading
Here are several recent items on the issue of the fight for Sovereignty in Argentina, as that nations struggles to thwart a financial attack on it’s nation and population. G77 & China Offer “Unanimous Support” to Argentina Against Vulture Fund … Continue reading
One-hundred-sixty-two organizations, representing millions of Americans, sent a letter to Senators on June 16th, urging them to co-sponsor the 21st Century Glass-Steagall Act (S. 1282). June 16th marked the 81st anniversary of FDR’s signing the 1933 Banking Act, which included … Continue reading
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