Finance
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Deutsch Bank Near Collapse; Announces €6.7 Billion Euro Loss
At the height of the financial crisis of 2008, Deutsch Bank lost €3.9 Billion; today the bank announced almost DOUBLE that loss, out €6.7 Billion last year! Is collapse coming? The first annual balance sheet of the new German bank boss John Cryan falls into deep red. Simmering disputes and large-scale corporate restructuring has caused Deutsch bank to suffer the…
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‘Currency War Alive and Well’ as Yen, Euro Advance Against Dollar
Experts forecast a revival of the currency war amid the yen’s advance against the dollar for the third time in three weeks and the euro gaining ground against most of its peers. As hedge funds raise their outlook on the yen to the highest in three years, market analysts suggest that “the currency war is still alive and well.” “Japan’s…
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Current State of Affairs: America is Losing Fiscal Control
To understand the malaise affecting America and the coming seismic changes to the Global economy, you need to take a reality-based Global overview of how the emerging nations will affect our entire world’s economic future and the inevitable changes it will sweep in upon the failing old guard. Economies change by evolution or revolution. America now needs both. For the…
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Deutsche Bank Fined $258m for Conducting Business with Iran, Syria and Libya
German Deutsche Bank has been fined $258 million by American regulators for conducting business with US-sanctioned countries including Iran, Syria and Libya. The fine will be paid to the Federal Reserve and New York State Department of Financial Services. The ruling against Deutsche Bank also stipulated that the people responsible for the “lucrative” violations must be sacked. “The firm did…
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Russia Ends Dollar/Euro Currency Peg, Moves to Free Float
The Bank of Russia took another step towards a free float ruble by abolishing the dual currency soft peg, as well as automatic interventions. Before, the bank propped up the ruble when the exchange rate against the euro and dollar exceeded its boundaries. “Instead, we will intervene in the currency market at whichever moment and amount needed to decrease the…
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All Wars Are Bankers Wars
Behind every major war in history are the bankers and money men. In this modern era, nothing has changed. “Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of a pen they will create enough deposits to…
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In Plain Sight – City States that Rule the World
3 City States that control the whole world, and their rolls: City of London – FINANCE Receives taxes from their subjects (slaves) in Canada and the United States. They design and control our financial and banking systems. Vatican City – RELIGION The Pope wants to merge all the religions into one, which is absolute nonsense. The Pope broke off from…
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NY Fed Slams Deutsche Bank (And Its €55 Trillion In Derivatives): Accuses It Of “Significant Operational Risbnpk”
First it was French BNP that was punished with a $9 billion legal fee after France refused to cancel the Mistral warship shipment to Russia (which promptly led to French National Bank head Christian Noyer to warn that the days of the USD as a reserve currency are numbered), and now moments ago, none other than the 150x-levered NY Fed…
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Done Deal: BRICS Establish $100bn Bank to Cut Out Western Dominance
Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, China’s President Xi Jinping and South Africa’s President Jacob Zuma join their hands during the official photograph of the 6th BRICS summit in Fortaleza, Brazil, on July 15, 2014. (RT) The group of emerging economies signed the long-anticipated document to create the $100 bn BRICS Development Bank…
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Why is Switzerland Melting Down US Gold Bricks?
Vatic Note: Remember, in the protocols written in 1897, it is made clear that accumulation of Gold by these Zionists was a major objective. This collection of gold, not just from the USA which is the biggest supplier of gold, but also from all western banks, is just one of many steps the international bankers are taking in finalizing their…
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