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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Only Glass Steagall Can Save Europe From Fascism and War

The public leaking of a July 14 IMF staff report, admitting that the so-called deal reached over the weekend with Greece cannot work, and that Greece will need a massive debt cancellation or restructuring, has once again demonstrated that there … Continue reading

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Kammenos Blasts Creditors’ Attempt at Ongoing Coup against Greek Government

Leader of Greek Independence Party Panos Kammenos (now Greek Foreign Minister) in Washington, D.C., December, 2013, organizing members of the U.S. Congress with an LPAC delegation for a transatlantic Glass-Steagall Greek Defense Minister Panos Kammenos, party leader of the Independent … Continue reading

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EU Destroys Itself with Insane, Virtually Nazi Plan for Greece

Yesterday was a day of shame for Europe, said Helga Zepp-LaRouche, who as Schiller Institute Founder has led the campaign to bring Europe into the BRICS-allied nations. The EU now exists only as a monstrous construct, Zepp-LaRouche said in a … Continue reading

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