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Banking Crisis

It’s Not a Banking Crisis – This is Just a Learning Process says ECB Member

QUESTION: Mr, Armstrong, Just how stupid do these leaders really think we are? The ECB Governing Council member Ewald Nowotny said there is no banking crisis....

Did the Fed Really Say they Could Buy Stocks?

The Fed told Congress it would buy stocks if Congress allowed it. This statement has caused a lot of people to scratch their heads. Will this cause all the stock...

Deutsche Bank – The Meltdown Crisis

Ten of the large hedge funds are withdrawing from Deutsche Bank. What must be understood here is that Deutsche Bank is the main clearing house for trades in Europe....

Merkel May Be the Worse Politician in all of History

Germany’s Chancellor Angela Merkel has got to be the worse politician in history when it comes to understanding the economy. Merkel has ruled out any state...

Fed Seeks to Prohibit Companies from Merchant Banking to Promote Lending

The Federal Reserve wants to take away the ability of Goldman Sachs and other banks to invest in companies rather than acting as bankers and lending. The U.S....

Draghi Cannot Admit He is Wrong

Mario Draghi cannot possibly admit that he is dead wrong in managing the European economy. This idea that continuing to lower rates will somehow inspire people to...

When Increasing Money Supply Produces Deflation

The Telegraph has come out stating bluntly “ECB’s Mario Draghi has run out of magic as deflation closes in.” The confidence level in central banks...

Bankers Laid off 100,000 so far

The numbers are in. Banking as indeed seen its peak. Banks in Europe and the US have dismissed 100,000 people last year, the bulk after 2015.75 . The decline is...

The Federal Reserve’s Structural Changes

  QUESTION: Why are there so many Fed branches? It seems this is another way for government just to create jobs and pensions. ANSWER:I wrote several times that...

Lincoln v Rothschilds

QUESTION:  I hope you are well and enjoying your summer holidays.   When will be available the Trader Level service?. Is it true that Abraham Lincoln refused...