Tag Archives: Mario Draghi

City of London Addicts Scream for Bigger QE Fix from ECB

The amount of quantitative easing and other forms of financial “smack” that ECB President Mario Draghi announced this week that he will provide to the desperately addicted European banking system, is “pitifully small and mostly window dressing,” Ambrose Evans-Pritchard protested … Continue reading

Posted in Banking System | Tagged , , , , , , , , , , , | Leave a comment

Draghi in Desperation at Europe’s Collapse, Acts To Blow It Up

The European Union now has bond and credit markets rising at a hypersonic speed toward the point of an early and inevitable collapse, following the desperation money-printing actions announced by European Central Bank head Mario Draghi Thursday. European bonds, including … Continue reading

Posted in New Economic Order | Tagged , , , , , , , , , , , , , , , | Leave a comment

Free the U.S. from the Desperate, Doubletalking Brits, Before it’s too Late

If the NATO summit in Wales shows anything, it’s that the British Empire is in a state of total desperation to try to assert its power, and it is leading its toadies, most prominently Barack Obama, down the path to … Continue reading

Posted in Empire, New Economic Order | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Hysteria Grips Some Central Banks as Collapse Threatens

Both the International Monetary Fund and Mario Draghi have again tried hard over the past 24 hours to conjure a big Eurozone “quantitative easing” scheme into existence, as the European banking system is showing signs of an early “recollapse” which … Continue reading

Posted in Bail-in Policy | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

The Trans-Atlantic Financial Blowout: How Many Nations Will Bolt?

The assistant editor of the London Telegraph penned a quietly hysterical article yesterday, which begins: “It’s not quite Creditanstalt, the Austrian banking collapse that marked the beginning of the Great Depression…,” and goes on to say that last week’s profit … Continue reading

Posted in Bail-in Policy | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Draghi Now Threatens Fed Style QE

European Central Bank (ECB) President Mario Draghi has now officially promised Federal Reserve-type quantitative easing to the desperate banks of Europe and more desperate “economists” of the International Monetary Fund. Just three days after the latest and most shrill demand … Continue reading

Posted in Banking System | Tagged , , , , , , , , , , | Leave a comment

GDP = Gambling, Drugs & Prostitution

Thanks to the new accounting system of the European Union SEC 2010, GDP of member countries will magically “grow” starting in September 2014. In ten weeks, member states shall have provided Eurostat with new figures which include the so-called “non-observed … Continue reading

Posted in EU Dictatorship | Tagged , , , , , , , , , | Leave a comment

City of London Issues More Warnings of Imminent Financial Blowout

Today’s Financial Times warns that speculators are now taking wild risks right and left, without factoring in a serious risk premium, to such an extent that another financial blowout could be imminent. As an indication of the wild-eyed devil-take-the-hindmost attitude, which the Times refers … Continue reading

Posted in Banking System, EU Dictatorship | Tagged , , , , , , , , , , , , , | Leave a comment

Glazyev: Even Very Large National Credit for Real Economy’s Productivity is not Inflationary

Russian Academician, presidential advisor, and Obama sanctions target Sergei Glazyev has a long interview today with rbcdaily.ru, a Russian financial newswire; even in Google.translate, the interview is interesting and important for Russia’s economic policy. Glazyev says that Russia is in … Continue reading

Posted in Credit System Economics | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Desperate ECB Going Toward QE as Bank Lending Keeps Falling

Because of the deepening depression of the European banking system, shrinking bank credit and the near-term failure of perhaps a fifth of Europe’s major banks, resistance to Fed-style quantitative easing by the ECB is crumbling, even in the German Bundesbank. … Continue reading

Posted in Bail-in Policy, Glass Steagall | Tagged , , , , , , , , , , , , , , , | Leave a comment