Defuse the Euro Time-Bomb with a Global Glass-Steagall
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Tag Archives: Portugal.
The Battle Lines are Clear: New Paradigm, or Economic Chaos and War
We’re happy to bring you this week’s webcast with Helga Zepp-LaRouche. There is a rebellion in Europe! From the Yellow Vests, to Brexit, to the political crisis in Germany—mass ferment continues to build against the imploding neo-liberal order. The exception … Continue reading
‘Zombie Banks’ To Bring Mass Death to Human Beings in Europe and America
With just days now until “the catastrophic threat of bank bail-in” becomes reality all over Europe, the warnings are proliferating. “Europe’s Zombie Banks” is the headline of an article in the global edition of Germany’s financial daily Handelsblatt Dec. 29, … Continue reading
Evans-Pritchard Argues that Banco Espirito Santo Was Bailed Out
City of London mouthpiece Ambrose Evans-Pritchard writes that the “rescue” of Portugal’s Banco Espirito Santo was a bail-out and not quite a bail-in, and that European officials backed off on bailing in all creditors and unsecured depositors by their new … Continue reading
Posted in Bail-in Policy
Tagged Ambrose Evans -Pritchard, Bail-in Genocide, Banco Espirito Santo, bankocracy, BES, British bail-in gambit, British final solution, British Financial Empire, British imperial EU, British imperial strategy, City of London, collapsing British empire, Credit Agricole, Cyprus template, EU dictatorship, Portugal., troika takeover
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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 Austria, Banco Espirito Santo, banking system collapse, CCB bank, Cerberus Capital Partners, ECB, Erstebank, Fed Chairman, Hypo Altria bank, IMF, Janet Yellen, Lonestar Capital, Mario Draghi, Portugal., QE, quantitative easing, Systemic Meltdown, troika, vulture funds
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Today, Leading Bank in Portugal Is Going Under; Who Will Join Them Tomorrow?
The German government has issued four draft bills to introduce the European Union bail-in regime by 2015, a year earlier than the EU had been considering. There can be only one explanation for this rush: fear of an imminent, systemic … Continue reading
Posted in Bail-in Policy, Glass Steagall
Tagged Austrian banks, Banco Espirito Santo, bank runs, BES, British final solution, British Financial Empire, Bulgaria, collapsing British empire, Credit-Anstalt, eurozone, financial blowout, German government, international bail-in regime, LaRouche's Four Laws, lyndon larouche, Portugal., private banking interests, Trans-Atlantic Bankruptcy
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Portuguese Government Seeks To Criminalize Exposes Of Its Nazi Destruction Of National Health Care
The medical community of Portugal has declared war on the bill drafted by the Health Ministry, which would prohibit doctors and other health care personnel from issuing public statements, either personally or by means of third parties, which “could call … Continue reading
Real Unemployment in Europe Keeps Rising
It was modesty, no doubt, that prevented the IMF from taking credit at their annual meeting last weekend, for the success story that their policies have produced across Europe. The latest official statistics released by Eurostat indicate that the real … Continue reading
“The Time of the Troika” Is Finished, Say European Parliamentarians Heading Investigative Group
A special delegation of Members of the European Parliament (MEPs) from the Economic and Monetary Affairs Committee (ECON), tasked with investigating the EU Commission-European Central Bank-International Monetary Fund Troika, and with co-rapporteurs Othmar Karas (Austria, EPP Group) and Liem … Continue reading
Posted in Euro System
Tagged austerity, Cyprus, ECB, european commission, Greece, IMF, Ireland, Liem Hoang Ngoc, Othmar Karas, Portugal., troika
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Portugal’s Supreme Court Overturns Pension Cuts
On Thursday, Portugal’s Supreme Court issued an unanimous decision that the law mandating a 10% cut in public pensions of over 600 euros ($820) a month is unconstitutional. The court ruled that the pension cut violates “the principle of protection … Continue reading
Those in Europe Who Play the Game, and Those Who Refuse
First came Socialist Francois Hollande’s sell-out to the financial interests once elected President of France. Now German Social Democrats have joined a Grand Coalition government with Merkel’s green-austerity team, see below. Two elders of the Socialist Party in Portugal are … Continue reading
