Tag Archives: economic collapse

5 US banks have $40+ trillion in derivatives exposure…each!

JPMorgan

When is the U.S. banking system going to crash? I can sum it up in three words. Watch the derivatives. It used to be only four, but now there are five “too big to fail” banks in the United States that each have more than 40 trillion dollars in exposure to derivatives. ...

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Central banks secretly invest $29 trillion to keep global markets from crashing

rising chart

Another conspiracy “theory” becomes conspiracy “fact” as The FT reports “a cluster of central banking investors has become major players on world equity markets.” The report, to be published this week by the Official Monetary and Financial Institutions Forum (OMFIF), confirms $29.1tn in market investments, held by 400 public sector institutions in 162 countries, which ...

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Switzerland prepares for mass civil unrest in Europe

Switzerland army

Fears over race wars, economic fallout prompt new military battalions. Despite being one of the most stable and economically vibrant countries in the world, primarily as a result of its refusal to join the Euro, Switzerland is preparing for mass civil unrest in central Europe that could spill over its ...

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2012 Obama vs Romney: the illusion of choice

obamney repulicrats

Come November, the American people will be faced with two distinct options; reelect President Barack Obama or vote for Mitt Romney. The liberal Democrat and the Republican conservative seem to stand in stark contrast. They come from different backgrounds and have different views on most social issues like same-sex marriage, ...

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A new run on the banks? Spaniards pulling cash out at record rates

bull bank run spain

Spanish consumers are pulling their cash out of banks at record levels, according to figures released on Tuesday. Private sector deposits fell by nearly 5 percent in July to €1.509, the Telegraph reported, citing European Central Bank data, as public confidence in the banking system reached all-time lows amid a worsening economic ...

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Economic collapse is inevitable, here’s why…

recession

America is quickly approaching a catastrophic economic collapse. Before you dismiss this as hype or paranoia, take a few minutes to review the facts outlined on this page. The numbers don’t lie. At this point, the dollar crash is unavoidable… far from an exaggeration this is a mathematical certainty. As ...

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Top Obama watchdog: America’s ‘pretty f**ked’

Senate Holds Nomination Hearing For Special Inspector Gen'l Of TARP

If you are looking for opinions on the current state of the country, former TARP Inspector General Neil Barofsky is opening up about what he thinks of America. And, if you ask him, the whole nation might be pretty damn fucked. Barofsky served the watchdog role for the Troubled Asset ...

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