The Panama Papers leak reveals global corruption and hypocrisy as the world's elite have been hiding their wealth to dodge taxes and escape scrutiny. However, the global central banking system is the real culprit.
In its third cut to the outlook in six months, the International Monetary Fund said it now expects the world economy to grow by just 3.2 percent this year, 0.2 percentage points lower than January's prediction
With negative interest rates now the order of the day in much of the Western world, it's only a matter of time before financial institutions start charging American depositors for the privilege of keeping their money safe in the U.S. banking system
Now that the prospect of helicopter money by the ECB has so infuriated Germany, the ECB had to reach out to Schauble to "mollify" the Germans who are dreading the second coming of monetary paradrops in one century,.....
Top megabank, Wells Fargo & Co just admitted to defrauding the United States government for nearly an entire decade, which subsequently led to the housing market collapse, and no one is going to be punished.
If we don't change the way money is created and distributed, we will never change anything. This is the core message of my book A Radically Beneficial World: Automation, Technology, and Creating Jobs for All.
Back in the summer of 2014, when the ECB first unveiled NIRP, many were concerned that this submersion into the monetary policy twilight zone would first crush Europe's money markets. However, at least until now, European MM funds have proven relativ
The U.S. government was robbed. Last month, hackers stole $100 million from the Federal Reserve. Authorities recovered $19 million, and the hackers got away with $81 million. It was the largest bank robbery in history.
Since the initial turmoil began with the onset of what is now referred to as "The great financial crisis," one strategy has proven more profitable than any other. That strategy? BTFD (buy the f___n' dip.)
TOKYO (Reuters) - Driving interest rates below zero, the Bank of Japan has turned a comatose government bond market into an enormous free-for-all, complicating the central bank's own efforts to kick-start growth and end deflation.
The lords of finance are losing their touch. Institutions which dragged the world from its worst depression since the early 20th century are finally seeing their magic desert them, if conventional wisdom is to be believed. -"UK Telegraph
Confronted with a plunge in its stock markets last year, China's central bank swiftly reached out to the U.S. Federal Reserve, asking it to share its play book for dealing with Wall Street's "Black Monday" crash of 1987.
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