Category Archives: world bank

IMF Tells Regulators to Brace for Global ‘Liquidity Shock’

Financial engineering that preceded the last two financial crises is back, International Monetary Fund warns An illusion of liquidity has beguiled financial markets across the world and spawned some of the worst excesses seen on Wall Street in modern times, the International Monetary Fund has warned. Investors are borrowing money to buy shares on the Read More

“We Have Come To The End Of The Road” – Greece Prepares For Default, FT Reports

Update: as always is the case in Europe, nothing is confirmed until it is officially denied by officials, so here you go:GREEK GOVT OFFICIAL DENIES FT REPORT GREECE PLANNING DEFAULT There was no explanation from the government official where Greece would get the €2.5 billion it needs to fund upcoming IMF interest and principal payments. * Read More

Putin: More Members To Join BRICS Bank

BRICS are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multi-polar world order and developing modern models for the world’s financial and trading systems.  –  Putin,The BRICS Post Vladimir Putin assumed the annual Presidency of the BRICS last Wednesday and Shanghai will be the Read More

This Centerpiece Of China’s Plans For World Domination Will Shock People In The West

Today one of the top money managers in the world warned King World News about earth-shaking events that are taking place in the East.  He also discussed the centerpiece of China’s plans for world domination that will shock people in the West. Stephen Leeb:  “Eric, as you know, for quite some time I have focused on East Read More

Russia joins China-led Asian Bank

Beijing’s staunch ally, Russia, on Saturday announced its decision to join the China-led Asian Infrastructure Investment Bank, the latest in the growing list of countries applying for membership, including US allies in the European Union. Russian Deputy Prime Minister Igor Shuvalov, at the 2015 annual conference of the Boao Forum for Asia in the coastal Read More

They’re Burning The Furniture Now

by David Kranzler Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. Francisco’s Money Speech – When Atlas Shrugged Last night around 12:30 a.m. EST, $1.5 billion of paper Read More

Putin Warns Of Risk Of Major Conflict, Says Dollar Losing Reserve Currency Status

Having been relatively quiet for a while, Russia’s leader Vladimir, speaking in Sochi (following meetings with Middle East crown princes who confirmed Russia as a key partner – “isolated”?), has unleashed his most aggressive statements with regard the failing world order: *PUTIN SAYS U.S. DOLLAR LOSING TRUST AS RESERVE CURRENCY *PUTIN: WORLD WITHOUT RULES IS Read More

CURRENCY WARS ALERT: Big Nations Snub Beijing Bank Launch After US Lobbying

Jamil Anderlini Financial Times, London Tuesday, October 22, 2014 BEIJING — China will officially launch a new $50 billion Asia Infrastructure Investment Bank on Friday as it steps up its challenge to global financial institutions like the World Bank that it feels are dominated by America and its allies. But only 20 mostly small economies, Read More

“Prepare For Runs”, IMF Warns Policymakers Of “Elevated Financial Stability & Liquidity Risks”

The extended period of monetary accommodation and the accompanying search for yield are leading to credit mispricing and asset price pressures, increasing the chance that financial stability risks could derail the recovery. Concerns have shifted to the shadow banking system, especially the growing share of illiquid credit in mutual fund portfolios. Should asset markets come Read More

One World, One Bank, One Currency – The Path with One Result

by Addison Wiggin “The government is very good at making things overly complicated for the purpose of obscuring what’s really going on from the public,” observed hedge fund manager Erik Townsend during our interview in May. He was making a point about the 2008 bailouts. The Federal Reserve played a leading role, applying trillions in Read More