The daily bulletin of Italy’s Communist Refoundation Party published today the apparently official program of the Greek coalition of the left, Syriza. Here the 40 points of the Syriza program. Audit of the public debt and renegotiation of interest due… Read More ›
Euro-Armageddon is still coming: Two Greek banks have reportedly asked for immediate liquidity assistance!
Well folks it’s the story that won’t go away. Just like what Einstein said about insanity: “Insanity is defined as repeating the same action only expecting a different result”. These bankers truly are insane. It has been reported that two… Read More ›
With less than a week to go, the Swiss National Bank ( SNB ) is still not taking any chances and continues to make statements on what it see as the dangers to Swiss monetary policy from increased gold reserves… Read More ›
A post- American dollar world can emerge sooner than you think with a global reserve currency that could be backed by gold, according to Currency Wars author Jim Rickards argues in his latest book. In 1971, President Nixon imposed national… Read More ›
The G8 members are not just bumping heads with Russia, but also risk taking on the economic might of China and other Shanghai Cooperative Organization members. Russia is a founding member of the SCO which brings the real possibility… Read More ›