Tag Archives: central bank

Iceland’s Economic Revolution

F. William Engdahl  

Icelanders are a proud stubborn people with more than 1200 years of history, rugged Scandinavian stock, living in one of the most beautiful natural areas of our Earth. In 2001 her government made a colossal series of disastrous decisions that resulted in the worst banking crisis in history.

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BREAKING: Ukrainian Currency in Free Fall

Looks like the Cabalist Caprices could not be sustained anymore.

While ECB is gasping its last breath, Merkel and Hollande are meeting with their Russian counterparts discussing how to end the slaughter of Nazis in Ukraine, a senseless war they themselves started.

To make matters worse for these Nazis, it’s currency hrivnia is taking plunge as the Ukrainian Central Bank is tired of controlling its rate artificially.

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Seven Central Banks Take Anti-Deflationary Actions in Past Week

By Pam Martens and Russ Martens: January 22, 2015

Mario Draghi Speaking at the Press Conference on QE, January 22, 2015

The big story this week has not been news coming out of the widely covered World Economic Forum in Davos or the much anticipated bond-buying program in Europe known as QE. The big story is the sheer number of central banks moving into panic mode in the span of a week.
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Swiss Fiasco Started A Run On Gold

BRICS decision to abandon the US dollar in favor of their local currencies, and the establishment of its own gold exchange based in Singapore late last year have started to show effects on the financial integrity of the European economy.

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Ukraine CB Lost $300,000 in gold, Gained Expensive Lead

Siding with the Nazis these days really has its share of “bad luck”. Ukraine Central Bank just found out it has no gold reserves anymore.

Adding to there woes is an airbase crew report that on July 17 three Ukrainian combat jets took off, and that one of them, an Su-25, was carrying air-to-air missiles.

“After a while only one jet [of the three] returned, which had had those missiles… It returned without the missiles. The pilot was very frightened,” the man said. The employee stressed that only the returned Su-25 had been equipped with air-to-air missiles, and said he was sure it was not air-to-ground missiles.

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How Cabalists Thrive?

For decades, the “select few” that run the world keep feeding themselves with constantly flowing “liquidity’ from select industries that profited heavily from orchestrated wars, induced pandemic, premeditated housing foreclosures, rigged interest rates, forced appetite for oil, etc.

They have literally rigged the entire system from its core.

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Saudi Joining BRICS to Ditch USD

Everybody with sovereign wealth substantial enough to dictate the global economic direction are making their voices heard, and their action felt.

China and Russia spearheading the establishment of a World Bank of Hard Currencies, e.g. gold, is now being joined by Saudi Arabia which might replicate what Iran has been currently doing in the energy market.

All these moves will have one sure casualty — USDollar.

But what’s in it for us?

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