Watch A Rare Moment Of Truth As MEP Explains Why The Whole Banking System Is A Scam
By Amanda Froelich At a European Parliament meeting in 2013, this MEP stunned the room into silence as he explained the truth about the whole…
Banking
The Escalating War on Cash and What It Means For Precious Metals
By Clint Stiegner Government bureaucrats, central bankers, and Wall Street executives all have their own reasons for hating the cash in your wallet. So, no…
Banks Seek Monopoly Over Economy: “Cash Is Being Gradually Taken Away”
By Mac Slavo There is a war on for the extermination of cash. It is the ultimate monopoly game, but there are those who are…
Big Banks Hiring Former Spies to Snoop on Employees
By Everett Numbers At risk of being fined for individual acts of illegal trades or speculation, the biggest banks are deploying surveillance tactics not far…
Morgan Stanley to Pay $3.2 Billion for Costing Americans Trillions
By Claire Bernish In July 2015, Allan Abramson, former federal Senior Executive for the EPA, calculated an estimate for the Huffington Post of the total cost…
Despite Global Economy Plummeting into Despair, Mega Banks Boast All-Time Record Profits
By Justin Gardner After seven years of benefiting from the greatest transfer of wealth in history, the U.S. banking industry topped it off with record…
Why the Federal Reserve Always “Happens” to Be Wrong
By Stefan Gleason “The last duty of a central banker is to tell the public the truth.” – Alan Blinder, former Federal Reserve Board Vice…
Should We Be Like Iceland? A Controversial and Alternative Approach to Economic Turmoil
Op-Ed by Brianna Acuesta In the midst of a viral meme claiming that the US (and other European nations) should “be like Iceland” and the…
The Collapse Of The Too Big To Fail Banks In Europe Is Here
By Michael Snyder There is so much chaos going on that I don’t even know where to start. For a very long time I have…
Federal Reserve Economic Stimulus Plan Goes Negative!
By David Haggith The Federal Reserve economic stimulus plan is edging toward the Twilight Zone now that the Fed sees its recovery about to be…
Criminal Bank HSBC Fined $470 Million for 2008 Financial Crisis
By Derrick Broze Multinational bank HSBC has agreed to a $470 million settlement with the U.S. government for mortgage lending and foreclosure abuses that worsened…
The Dethroning of Cash: Discouraged, Penalized, Even Banned?
By Stefan Gleason Stock market gyrations and deteriorating global economic conditions in the early goings of 2016 sent investors fleeing for safety. Or at least…
Germany Joins Trend Toward Cashless Society: “Cash Controls” Ban Transactions Over €5,000, €500 Euro Note
By Tyler Durden It was just two days ago that Bloomberg implored officials to “bring on a cashless future” in an Op-Ed that calls notes…
Feds Helped Hide Investigation into Big Bank’s Money Laundering for Drug Cartels
By Carey Wedler A federal judge ruled last week that the Hong Kong and Shanghai Banking Corporation (HSBC) will be forced to share with the…