Posted on 16 August 2014. Tags: Central Banks
BBC Knowledge Network presents part 1 of 3 of the short documentary series Bankers. In 2008 the financial crisis swept across the modern world. Today, banks are still at the eye of the storm. This three-part BBC documentary series examines recent scandals that have shaken the financial sector, and the revelations of complacency, greed and […]
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Posted in Economic Crisis
Posted on 01 October 2013. Tags: Central Banks, Derivatives, FDIC
This short video is of interest to anyone who wants to preserve their wealth. In Cyprus where banks outright confiscated depositors money, is an event that can happen even in Canada or the US. As mentioned in the video, the Canadian 2013 Federal Economic Action Plan, introduced a so called “bail-in” scheme to help protect […]
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Posted in Economic Crisis, US Dollar Collapse
Posted on 13 February 2013. Tags: Bond Vigilantes, Central Banks, China, FACTA, FED, Gold Reserves, IMF, QE, SDR, Too Big To Fail, Trade Deficit, US Debt Crisis
We all know that the US dollar is losing value through inflation every year; in fact, the dollar has lost over 97% of its purchasing power over the last century. When “real money” (i.e. backed up with intrinsic value) was used, a cup of coffee in the 1920s costed about a few cents. In a […]
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Posted in Featured, US Dollar Collapse
Posted on 28 November 2012. Tags: Bank of Canada, Banking and Money, Central Banks, Fractional Reserve Banking
Title: Oh Canada Movie – Our Bought And Sold Out Land Year: 2009 [rate] This 2009 entertaining documentary film explores the history of banking, the selling out of the prosperity of Canada, the clearance sale of Canadian businesses and the political liquidation of public infrastructures to the multi-national corporate oligarchy. How has this led to […]
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Posted in Housing Bubble, Videos
Posted on 14 September 2012. Tags: Central Banks, Debt Clock, FOMC, Qantitative Easing, US Debt Crisis
As I pointed out in late 2011 (see here) that the economy needed another round of QE in 2012 to sustain the current trend of mal-investments or risk collapsing. Well we got it. For the complete FED video press conference of September 13, 2012 please see video below. Highlights from Video: The FED pledges […]
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Posted in Gold and Silver, US Dollar Collapse
Posted on 20 August 2012. Tags: Central Banks, Europe, Gold
The World Gold Council have recently published their second quarter 2012 report. The report indicates that the demand for gold reached 990 tons for the second quarter of this year. This figure is down 7% from the same quarter in 2011, and down 10% below the previous quarter. Although weaker demand was mainly contributed by […]
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Posted in Economic Crisis, Gold and Silver, US Dollar Collapse
Posted on 11 July 2012. Tags: Central Banks, Fractional Reserve Banking, Minsky Moment, Real Estate Bubble
Most people believe that banks safeguarded their deposits in their vaults and maintain a liquidity ratio on or about 100%. In other words, banks only lend out the money which they had on deposits. However, today’s banking system reality is far different, posing a great risk for all economies going forward. What is a Fractional […]
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Posted in Housing Bubble, US Dollar Collapse