Tag Archives: debt crisis

Bank of England: Warning of a Debt Crash — or Covering Up a Bigger Threat?

Bank of England, British Pounds   DOWNLOAD PDF As the failing British elite shows its incapacity to implement the British people’s vote for a Brexit — a revolt against economic austerity imposed by that same elite — some ominous statements … Continue reading

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China Concerned Over Global Effect of New Greek Debt Crisis

China appears to be concerned that a new Greek Debt crisis could lead to a new global financial crisis and even collapse the Eurozone which would have a huge impact on China. These concerns are expressed in a commentary entitled … Continue reading

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Obama is a Failure — The World Needs A New Financial Architecture Now!

  DOWNLOAD PDF Obama must be ousted, regardless of time left, if there is to be any functioning New Presidency in the United States during the period ahead. His Presidency has been a failure, one which is wreaking havoc, death, … Continue reading

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The Herrhausen Method: A Challenge to the Trans-Atlantic System

One may assume that the assassination of Deutsche Bank’s Alfred Herrhausen on Nov. 30, 1989, did not occur at the snap of a finger, but was planned and prepared over several weeks. The speech which Herrhausen was scheduled to give … Continue reading

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‘Gambler Banks’ Will Detonate: Are They Only in Europe?

The People’s Bank of China reminded the financial world today that trans-Atlantic and Japanese banks and stock markets just had their worst week of 2016, with all Chinese markets closed and no new data about the Chinese economy available. It … Continue reading

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Varoufakis Details EU-ECB Plot To ‘Humiliate’ Greece

In a long interview with the New Statesman published July 13, former Greek Finance Minister Yanis Varoufakis described how the Eurogroup and the ECB from the beginning plotted to put Greece up against a wall and force it into a humiliating … Continue reading

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IMF Leak Spurs Firestorm Over Debt Deal

Reuters was leaked a copy, Tuesday, of an IMF staff report dated July 14, that candidly admitted that the austerity deal struck over the weekend between the EU and Greece cannot work, and that Greece needs a huge debt write-down. … Continue reading

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