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Next Crisis: The ECB-induced Sovereign Debt Bubble
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" As 2011 came to a close and in the first months of 2012, the European Central Bank (ECB) initiated a massive injection of liquidity into Europe’s embattled banking system. The ECB provided 3-year... Banks, Global Warming, New World Order and Free Speech
The "Satanic new world order" conspiracy theories are a massive distortion of something that was quite innocent. The phrase was first used in recent political discourse by then-President George Bush Sr., who was talking about creating a global order "based on the rule of law... Another Deadline has Been Scheduled for the Foreclosure Fraud Set
" Another deadline has been scheduled for the foreclosure fraud settlement with the banks and the state attorneys general; the numbers of the latter has gone down from 50 to 43. This time Tom Miller is serious about getting it done. Since last March Miller has been... What Will Happen to My Euros?
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" Investors have lost confidence in the political leadership of the Eurozone: in their commitment to the project, their solidarity, their willingness and ability to adopt unpopular measures, and their ... China: On the Way to a Deflationary Crisis
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited"Consumer price inflation in China is down to 4.2%. The growth rates of industrial production (output), exports, and imports are all down. China is on the path to deflation. Mounting sovereign debts crises... Jon Corzine Fingers Mr. Potter; Says Life’s Not So Wonderful
Washington DC - Failed hedge fund CEO Jon Corzine yesterday called on a House Subcommittee to arrest Henry F. Potter, a Bedford Falls banker and slumlord, for fraud and malfeasance in connection with the collapse... President Gives an Extraordinary Speech
http://www.barackobama.com/fair-shot/full?source=20111207_jm_act&utm_medium=email&utm_source=obama&utm_campaign=20111207_jm_act Germany is Next to Fall
By: Sam Vaknin Editor-in-Chief of Global Politician As the crisis in Italy is threatening to spread to France, Austria, Belgium, and other "solid citizens" of the eurozone, pundits have hitherto ignored the greatest threat: Germany. With its economy stagnant (0.5%... Macedonian Banks are Safer than West Europe's Banks
By Sam VakninEditor in Chief of Global Politician Even under the best case scenario (in which banks take a 50% haircut on the credits they have extended to profligate Greece, but there is no default) French, Italian, German, and Austrian banks run a collective capital... Bank of America sought to hose me
Bank of America sought to hose me They got caught with their customers all with their backs against the wall. " “Bank of America scraps $5 debit card fee Bank of America is nixing its plans to charge a $5... It's the Same Banking Crisis, Stupid!
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" The crisis that started in 2008 is a banking crisis and it is still going strong. Banks all over the world over-leveraged their capital and extended loans unwisely to the undeserving. American financial ... UK Banks downgraded by Moody's rating agency
On Thursday 6th October 2011 Sir Mervyn King the Bank of England's governor expressed fears that Britain is in the grip of the world's worst ever 1930s-style shortage of money financial crisis, after the Bank of... What does this do: USA sues big banks?
Screwed me once, screw me again My bank is one of the bad guys. If they take hit, I take a hit. If they don’t take a hit, there is no chance of the USA recovering anything. I wonder if I can get a Swiss bank... Crisis of Growth, Crisis of Measuring Growth
The sovereign debt crisis of 2010-2 emanated from the realization that lower growth rates throughout the industrialized West were insufficient to guarantee the repayment of debts accumulated by governments. The proceeds of the credits and loans assumed by public sectors... Money Laundering in A Changed World
By Sam Vaknin Editor in Chief, Global Politician If you shop with a major bank, chances are that all the transactions in your account are scrutinized by AML (Anti Money Laundering) software. Billions of dollars are being invested in these applications. They are supposed to... NowPublic on Facebook
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