As central bankers, finance ministers, and government policy makers head off to their annual gathering at Jackson Hole, Wyoming, this August, 24-26, 2017, the key topic is whether the leading central banks in North America and Europe will continue to raise interest rates this year. Continue reading How Capitalist Central Banks Have Been Creating the Next Financial Crisis
With the new regulation that is being agreed upon by the G20, all of your bank deposits will be considered an investment to the bank, and the bank will, in turn, consider those deposits as part of their capital.
That’s a good investment if the bank itself is stable. But that is simply not the case.
That’s why Putin took an early exit…