Princes of the Yen

In this outstanding documentary, loosely based on Professor Richard Werner's book with the same title, we can not only better understand the post WWII japanese economic history, but also comprehend how "independent" central banks were introduced in Asia, first in Japan with the legal modifications induced by the 1989-1990 japanese stock market crash and, later, … Continue reading Princes of the Yen →

Is the SNB on New York’s leash?

“Is the SNB on New York’s leash?” this is the question once rethorically asked by well known Swiss banker, financial adviser and author of ‘Gold Wars’ Ferdinand Lips, who believed that Switzerland had been put under enormous foreign pressure and duress to sell half of its gold reserves, saying that “In my opinion, the once … Continue reading Is the SNB on New York’s leash? →

0,1% > 90%

The increase in inequality in the western world is a theme that is increasingly discussed. Occasionally you come into a statistic that in a very simple way explains the degree of inequality that has been "achieved". The Economist publishes this chart where it is easily visible that the top 0.1% of the USA population in … Continue reading 0,1% > 90% →

Aberrant Central Banks

In a report to be presented on Wednesday June 17 in London, the Official Monetary and Financial Institutions Forum (OMFIF) will reveal that central banks are increasingly investing in the stock market and that they will most likely continue to do it in the future. "A cluster of central banking investors has become major players on world equity … Continue reading Aberrant Central Banks →

Smedley Butler revisited

According to Wikipedia "Smedley Darlington Butler (July 30, 1881 – June 21, 1940) was a United States Marine Corps major general, the highest rank authorized at that time, and at the time of his death the most decorated Marine in U.S. history. During his 34-year career as a Marine, he participated in military actions in the Philippines, … Continue reading Smedley Butler revisited →

Dark Belgian Chocolate

In his article, Who Is The New Secret Buyer Of U.S. Debt?, Brandon Smith tries to solve one of the mysteries of recent events in financial markets: the enormous increase in US Treasury Bonds reserves held by Belgium. As you can appreciate in the chart above, Belgium has, in a few months, increased its reserves of … Continue reading Dark Belgian Chocolate →

“There Is No Consent For A United States Of Europe”

In a speech in the European Parliament, Nigel Farage, leader of the UK Independence Party (UKIP) attacks the idea of creating the United States of Europe: "The whole European project is based on a falsehood... and it's a dangerous one.. because if you try to impose a new flag, a new anthem, a new president, a … Continue reading “There Is No Consent For A United States Of Europe” →

Brave New 1984

Zerohedge publishes a review of the 2 most well known dystopian books of the twentieth century, Brave New World from Aldous Huxley, published in 1932 and 1984 from George Orwell, published in 1949. The article by Zerohedge extensively quotes 2 previous articles, "Orwell, Huxley and the Emerging Totalitarianism" by Emmet Scott and "2011: A Brave … Continue reading Brave New 1984 →

Arrogance, Hubris and Evil

The leaked phone conversation today between the EU foreign affairs chief Catherine Ashton and the Estonian foreign affairs minister Urmas Paet, where the estonian minister stated that "There is now stronger and stronger understanding that behind the snipers, it was not Yanukovych, but it was somebody from the new coalition," gives credence to the article from … Continue reading Arrogance, Hubris and Evil →

The American Deep State

http://vimeo.com/87243281 The expression "Deep State" originated in Turkey, and it designates "a group of influential anti-democratic coalitions within the Turkish political system, composed of high-level elements within the intelligence services (domestic and foreign), Turkish military, security, judiciary, and mafia", that compose a state within the state. The turkish Deep State appeared with the Kemal Ataturk revolution of 1923. "Deep … Continue reading The American Deep State →