Progressive Radio Network

Bank for International Settlements

Download this episode (right click and save) Dr. Rasmus dedicates today’s show to examining the condition of financial bubble and growing instability in global financial markets. …
Global monetary expert Bernard Lietaer has said that a country would be more stable financially if it had multiple currencies focused on specific sectors of…
The risk of the global economy being battered by a “perfect storm” in 2016 has been highlighted by the World Bank in a flagship report…
Did you know that there are 5 “too big to fail” banks in the United States that eachhave exposure to derivatives contracts that is in excess…
The conventional wisdom is that no other currency in the world can support the global bond market save the US$ Toilet Paper Money. Therefore, we…
"My father made him an offer he couldn't refuse. Luca Brasi held a gun to his head and my father assured him that either his…
When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around…
On Thursday, Amazon, the online retail giant, announced that, contrary to analysts’ predictions and after months of financial losses, it had turned a profit in…
According to the Bank for International Settlements (BIS), the shadowy “central bank of central banks,” the world as it stands is incapable of combating another…
All over the planet, large banks are massively overexposed to derivatives contracts.  Interest rate derivatives account for the biggest chunk of these derivatives contracts.  According to…
The following is an excerpt from TOWER OF BASEL: The Shadowy History of the Secret Bank that Runs the World by Adam LeBor.  Reprinted with permission from…