bankers Archive

  • The European banking crisis is brewing. In Italy last month alone, the Bank of Italy poured in €3.6 billion euros into Banca Marche, Banca Etruria (PEL.MI), CariChieti and a fourth CariFeto to prevent their collapse. The money was funded by using financing from healthy banks. This is precisely how the banking crisis began in Austria back in 1931. They took a healthy bank and forced it to absorb a failed one which was far worse than anyone realized taking down all the banks.

    Bank of Italy Bails-out 4 Banks

    The European banking crisis is brewing. In Italy last month alone, the Bank of Italy poured in €3.6 billion euros into Banca Marche, Banca Etruria (PEL.MI), CariChieti and a fourth CariFeto to prevent their collapse. The money was funded by using financing from healthy banks. This is precisely how the banking crisis began in Austria back in 1931. They took a healthy bank and forced it to absorb a failed one which was far worse than anyone realized taking down all the banks.

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  • Banks are a riddle wrapped up in an enigma. We all kind of know that they do stuff with money we don’t understand, while the last crisis left a feeling of deep mistrust and confusion. We try to shed a bit of light onto the banking system. Why were banks invented, why did they cause the last crisis and are there alternatives?

    Banking Explained – Money and Credit

    Banks are a riddle wrapped up in an enigma. We all kind of know that they do stuff with money we don’t understand, while the last crisis left a feeling of deep mistrust and confusion. We try to shed a bit of light onto the banking system. Why were banks invented, why did they cause the last crisis and are there alternatives?

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  • One of the most curious aspects of Martin Armstrongs case has to do with a billion Dollars. Nobody lost the money and yet it's the main reason for his arrest.

    The Forecaster Interactive – You Don’t Make a Billion Dollars Disappear

    One of the most curious aspects of Martin Armstrongs case has to do with a billion Dollars. Nobody lost the money and yet it's the main reason for his arrest.

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  • The crisis throughout Eastern Europe has been selling mortgages in Swiss francs without disclosing the currency risk. This law, passed by the Romanian Parliament, is actually fair. The banks would have to take back the property and end the debt. That is how Caesar resolved the debt crisis, for then too the bankers would not accept property and would take the borrower’s children and sell them into slavery to pay off the debt.

    Romanian Private Debt Crisis Erupting

    The crisis throughout Eastern Europe has been selling mortgages in Swiss francs without disclosing the currency risk. This law, passed by the Romanian Parliament, is actually fair. The banks would have to take back the property and end the debt. That is how Caesar resolved the debt crisis, for then too the bankers would not accept property and would take the borrower’s children and sell them into slavery to pay off the debt.

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  • It is clear that Ben Bernanke lacked any experience as an academic to run the Fed. He became a professor at Harvard after graduating. If you have no real world experience, you will never understand reality. Book smart does not cut it in finance.

    The FED v Bias & Prejudice

    It is clear that Ben Bernanke lacked any experience as an academic to run the Fed. He became a professor at Harvard after graduating. If you have no real world experience, you will never understand reality. Book smart does not cut it in finance.

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  • The cycle has turned. Bankers better be on guard when the economy turns down even harder, thanks to structured deals of debts to hide problems, as in Greece. Those in decision-making positions may find themselves criminally charged as the people become pissed off at politicians and the corruption.

    Bankers to be Criminally Charged

    The cycle has turned. Bankers better be on guard when the economy turns down even harder, thanks to structured deals of debts to hide problems, as in Greece. Those in decision-making positions may find themselves criminally charged as the people become pissed off at politicians and the corruption.

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  • Floating the Fed makes it a private corporation that must report its balance sheet like everyone else. Congress MUST be forbidden to order the Fed to do anything. That has been the problem all along. Stimulation should return to buying corporate paper instead of handing the banks cash and hoping that they lend it out. Enough is enough.

    Reforming the Federal Reserve

    Floating the Fed makes it a private corporation that must report its balance sheet like everyone else. Congress MUST be forbidden to order the Fed to do anything. That has been the problem all along. Stimulation should return to buying corporate paper instead of handing the banks cash and hoping that they lend it out. Enough is enough.

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  • You have to understand what was intended. It was originally a bailout entity for banks so they had to fund it. That made sense initially, Then with time and circumstances, the Fed has morphed into something that is now some quasi-political-governmental-agency that nobody would have created from the outset.

    Fed v Congress v Bankers

    You have to understand what was intended. It was originally a bailout entity for banks so they had to fund it. That made sense initially, Then with time and circumstances, the Fed has morphed into something that is now some quasi-political-governmental-agency that nobody would have created from the outset.

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  • If the metals have been manipulated for decades, then the rallies are false as well and why bother trading something that is rigged? You are never told to sell, just hold, and that would be the exact advice such manipulators want you to believe.

    Gold & the Approaching New Lows

    If the metals have been manipulated for decades, then the rallies are false as well and why bother trading something that is rigged? You are never told to sell, just hold, and that would be the exact advice such manipulators want you to believe.

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  • This Sovereign Debt Crisis is the nature of the beast we face. Understanding that crisis is half the battle, for after the business cycle turns, there will be a lot […]

    So What Can We Do?

    This Sovereign Debt Crisis is the nature of the beast we face. Understanding that crisis is half the battle, for after the business cycle turns, there will be a lot […]

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