Banking with a gun to your head
By Jim Jones | Pravda.ru When I was young, I believed I had all the answers – oh the arrogance of youth! Now as I am older, I realise I have more questions than answers and am aware of just how little I actually do know. This and the realisation of my own mortality, drives [...]
Read More →Euro Group Head: Looting of Bank Accounts a “Template For EU”
By Paul Joseph Watson | Infowars The looting of private bank accounts to cover the gambling losses of big banks is a new template for the euro zone, according to Dutch Finance Minister and President of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem. With savers in Cyprus set to have 40% of their [...]
Read More →Eurozone finance ministers approve bailout deal for Cyprus
RT The Eurogroup has approved a deal on a €10 billion bailout for Cyprus, struck early Monday in Brussels. Cyprus avoids exiting the eurozone, but will have its second largest bank closed with heavy losses expected for big depositors. “The size of financial assistance will amount to 10 billion euro,” Eurogroup president Jeroen Dijsselbloem has announced at [...]
Read More →Police raid home of IMF boss Christine Lagarde over Tapie scandal
By The Australian FRENCH police have raided the Paris home of IMF chief Christine Lagarde in connection with a probe into her handling of a high-profile scandal when she was a government minister. The investigation concerns Ms Lagarde’s 2007 decision to ask an arbitration panel to rule on a dispute between disgraced tycoon Bernard Tapie [...]
Read More →IMF chief’s Paris home searched over ‘illegal’ payout under Sarkozy
RT French authorities are searching the home of IMF Chief Christine Lagarde over a probe into a million-dollar payout to a supporter of ex-President Sarkozy. Lagarde has been under investigation since 2011, but denies any wrongdoing. Lagarde’s lawyer told to Reuters that the search would exonerate her client of all criminal responsibility in connection with [...]
Read More →After The Banksters Steal Money From Bank Accounts In Cyprus They Will Start Doing It EVERYWHERE
By Michael Snyder | The Economic Collapse Cyprus is a beta test. The banksters are trying to commit bank robbery in broad daylight, and they are eager to see if the rest of the world will let them get away with it. Cyprus was probably chosen because it is very small (therefore nobody will care [...]
Read More →IMF: Eurozone Banks Are In Trouble, Trample Taxpayers And Democracy To Bail Them Out!
By Wolf Richter | Testosterone Pit Why is it that 17 nations have to fundamentally reorganize themselves and shift sovereignty away from national parliaments to new layers of transnational, beyond-control bureaucracies that can extract untold wealth from taxpayers—just to save the banks? That’s what the Eurozone has to do, or else banks will topple, and the [...]
Read More →BREAKING: EU Raids Private Savings Accounts to Pay for Cyprus Bailout
By Activist Post ATMs are being drained in Cyprus today after European Union chiefs raid private savings accounts to help pay for the country’s $13 billion bailout. Of course, it’s Sunday and banks are closed preventing a panicked bank run. Those EU banksters really know how to pull off a heist. Reuters reports: The euro [...]
Read More →17 Signs That A Full-Blown Economic Depression Is Raging In Southern Europe – Is The U.S. Next?
By Michael | The Economic Collapse When you get into too much debt, eventually really bad things start to happen. This is a very painful lesson that southern Europe is learning right now, and it is a lesson that the United States will soon learn as well. It simply is not possible to live way [...]
Read More →Egypt Refuses $750 Mln Urgent Aid Loan from IMF
Xinhua | CRI Egypt’s Finance Minister Al-Morsi Hegazy said Tuesday in a press statement that Egypt refused an urgent aid loan from the International Monetary Fund (IMF) estimated at 750 million U.S dollars. The minister said that the government made the decision out of concerns that such an urgent loan could bring about risks on [...]
Read More →Jim Rogers: We’re Wiping Out The Savings Class Globally, To Terrible Consequence
By Adam Taggart | Peak Prosperity via Zero Hedge Jim Rogers decries the growing uncertainty and recklessness of global central planners as the world enters unchartered financial markets: For the first time in recorded history, we have nearly every central bank printing money and trying to debase their currency. This has never happened before. How [...]
Read More →Corporatism: A System Of Control Designed By The Monopoly Men Of The Global Elite
By Michael | The Economic Collapse The Dow is at a record high and so are corporate profits – so why does it feel like most of the country is deeply suffering right now? Real household income is the lowest that it has been in a decade, poverty is absolutely soaring, 47 million Americans are [...]
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