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It’s Our Money with Ellen Brown – Alternating Currency – 06.14.17

Global monetary expert Bernard Lietaer has said that a country would be more stable financially if it had multiple currencies focused on specific sectors of the economy – the idea being that if one goes down, the others can continue to provide needed financial services. Ellen’s guest is Lionel Denenberg, the tech genius behind PayServices, a crypto-currency concept already authorized …

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Larry Elliott – World Bank issues ‘perfect storm’ warning for 2016

The risk of the global economy being battered by a “perfect storm” in 2016 has been highlighted by the World Bank in a flagship report that warns that a synchronised slowdown in the biggest emerging markets could be intensified by a fresh bout of financial turmoil. The Bank said the possibility that Brazil, Russia, India, China and South Africa – …

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Michael Snyder – Financial Armageddon Approaches: U.S. Banks Have 247 Trillion Dollars Of Exposure To Derivatives

Did you know that there are 5 “too big to fail” banks in the United States that eachhave exposure to derivatives contracts that is in excess of 30 trillion dollars?  Overall, the biggest U.S. banks collectively have more than 247 trillion dollarsof exposure to derivatives contracts.  That is an amount of money that is more than 13 times the size of the U.S. national debt, and …

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Matthias Chang – The US King Dollar Has No Clothes. America’s “Toilet Paper Money”

The conventional wisdom is that no other currency in the world can support the global bond market save the US$ Toilet Paper Money. Therefore, we cannot do without the US$ toilet paper money! The so-called experts in economics, including the Nobel Laureates are always reciting the mantra of the global central banks led by the FED and the Bank of …

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Ellen Brown – The Greek Coup: Liquidity as a Weapon of Coercion

“My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.” — The Godfather (1972) In the modern global banking system, all banks need a credit line with the central bank in order to be part of …

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Stephen Lendman – Global Derivatives: $1.5 Quadrillion Time Bomb

When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around $700 trillion in global derivatives.  Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion – about 20% more than in 2008, beyond what anyone can conceive, …

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Andre Damon – How to make $7 billion in 45 minutes

On Thursday, Amazon, the online retail giant, announced that, contrary to analysts’ predictions and after months of financial losses, it had turned a profit in the second quarter. The stock market responded with euphoria. Amazon’s share price surged by 18 percent in a single day, adding $40 billion to the company’s market capitalization. With 154,000 employees, Amazon overnight became the …

Central Bank of Central Banks Warns That World is Unprepared to Fight Global Crash By Mac Slavo

According to the Bank for International Settlements (BIS), the shadowy “central bank of central banks,” the world as it stands is incapable of combating another global financial crash – a crash that there is every reason to think is coming. That’s because the economy remains in the hands of the Federal Reserve and other central banks. The financial wizards in THIS …

Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy? – Michael Snyder

All over the planet, large banks are massively overexposed to derivatives contracts.  Interest rate derivatives account for the biggest chunk of these derivatives contracts.  According to the Bank for International Settlements, the notional value of all interest rate derivatives contracts outstanding around the globe is a staggering 505 trillion dollars.  Considering the fact that the U.S. national debt is only 18 trillion …

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Adam LeBor – Bank of International Settlements, The Secretive Group That Runs The World

The following is an excerpt from TOWER OF BASEL: The Shadowy History of the Secret Bank that Runs the World by Adam LeBor.  Reprinted with permission from PublicAffairs. The world’s most exclusive club has eighteen members. They gather every other month on a Sunday evening at 7 p.m. in conference room E in a circular tower block whose tinted windows overlook the …