Dr. Rasmus discusses the 9 major ‘drivers’ behind the growing bubble in Bitcoin and other crypto currencies, as well as potential channels of contagion to…
currency
In the past year the stock markets in China erupted, contracting by nearly 50% in just three months, after having risen in the preceding year…
I, Michael Hudson, John Perkins, and a few others have reported the multi-pronged looting of peoples by Western economic institutions, principally the big New York…
Jack Rasmus takes a look at this past week’s major event in the collapse of the China stock market, as well as the resurgence of…
Amid a continuing weakening of the Chinese currency, the People’s Bank of China (PoBC) has signalled new moves that could accelerate the slide in the…
Digital currency is destined to change almost everything about our money systems and management. The traditional gatekeepers of credit, and the types of credit issued,…
-There are many thousands, of US government slugs posted in Latin America; contractors, embassy personal, military support, security people, clandestine operatives and more. Most of…
ON NOV. 13, THE UNITED KINGDOM’S SERIOUS FRAUD OFFICE (SFO) ANNOUNCED IT WAS CHARGING 10 INDIVIDUAL BANKERS, WORKING FOR TWO SEPARATE BANKS, DEUTSCHE BANK AND BARCLAYS, WITH…
While the U.S. taxpayer was involuntarily shoveling over $2 trillion in bailout funds and loans into Citigroup from 2008 to 2010, the bank was committing…
Last week, in the global currency war’s latest escalation, Kazakhstan instituted a free float for the tenge. The currency immediately plunged by some 25%. The rationale behind…
China on Monday announced it is lowering the value of its currency about two percent in order to boost its economic growth by supporting its…
Citigroup, the bank that played a central role in bringing America to its knees in 2008; received the largest taxpayer bailout in the history of…