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Category Archive

Mohamed: Financial Guru and Uber Driver.

18.08.2017 • FranceComments Off on Mohamed: Financial Guru and Uber Driver.

It is customary in finance to mock the investment recommendations of a taxi driver...but what about an Uber driver?

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What Astrology Can Teach You About the Economy

17.08.2017 • FranceComments Off on What Astrology Can Teach You About the Economy

As astrologers rely on the position of the stars to read the future, our central bankers rely on economic models to guide our economy.

Forget Guam, North Korea’s Real Target is Your Wallet

16.08.2017 • FranceComments Off on Forget Guam, North Korea’s Real Target is Your Wallet

The 2nd Korean War hasn't started, but it has inflamed bitcoin and gold prices, leaving us wondering which will win in the end: the rumors, or reality?

Average Frenchman Pays €29k in Taxes on €50k of Income

28.07.2017 • FranceComments Off on Average Frenchman Pays €29k in Taxes on €50k of Income

French taxes are anti-democratic. Fewer and fewer people are paying more and more taxes. In fact, less than one in two households (46.5%) now pays income tax.

The Dollar Is About to Fall… Big Time

27.07.2017 • FranceComments Off on The Dollar Is About to Fall… Big Time

The Fed has chosen to leave its key rates unchanged until further notice, but at the same time, it talks a lot about the imminent reduction in its balance sheet. If you're European, you should start thinking about an American vacation.

The Greek Habit of Robbing Peter to Pay Paul

26.07.2017 • FranceComments Off on The Greek Habit of Robbing Peter to Pay Paul

It's not really a success that at a notoriously corrupt country, which is unable to balance its budget and whose debt has not been honored three times in six years can find lenders.

Time to Pull the Plug on Greece

25.07.2017 • FranceComments Off on Time to Pull the Plug on Greece

The ECB is keeping Greece on life support. But Greece is still indebted in public capacity to the tune of 179% of its GDP and in private capacity to the tune of 137%! And it's not getting any better. Is this the new normal?

Here’s How Yellen and Draghi Intend to Enslave Your Children

21.07.2017 • FranceComments Off on Here’s How Yellen and Draghi Intend to Enslave Your Children

Trust is misplaced when it supports a dangerous myth. The myth of free and infinite credit, and the authority of central banks, is supported by your trust...But do governments and non-elected authorities really have your best interest in mind?

Creditism Is the New Capitalism

21.07.2017 • FranceComments Off on Creditism Is the New Capitalism

The current monetary system, based on credit, is a new form of crime against humanity that leads to the creation of debt slaves. For my part, I call this system of "creditism", as opposed to capitalism.

The 2008 Crisis Was Just a Preview of This Year’s Collapse

19.07.2017 • FranceComments Off on The 2008 Crisis Was Just a Preview of This Year’s Collapse

Bubbles are usually localized, like the internet, housing, or railway bubbles of past. We are now, however, in an "everything bubble", which will cause unbelievable damage...and potentially destroy our monetary system.

Visa Is Pouring Millions into the War Against Cash

18.07.2017 • FranceComments Off on Visa Is Pouring Millions into the War Against Cash

'We are focusing on eliminating cash from trade' said the GM of Visa. Note the warlike terms being used...'the war against cash', 'eliminating cash'. If the new cashless society is going to be forced, then there is a great danger that the puppetmasters

Central Bank Magic Pushes the Financial Crisis Back Another Day

17.07.2017 • FranceComments Off on Central Bank Magic Pushes the Financial Crisis Back Another Day

Everything is fine. Counterfeit money has done its work of "extend and pretend": all bankruptcies and bad loans will dissolve thanks to the financial engineering of central banks, which are far from being exhausted...

Plato’s Explanation for Failing Cryptocurrencies

13.07.2017 • FranceComments Off on Plato’s Explanation for Failing Cryptocurrencies

Ethereum: -52% in a month. Ripple: -57% in a month and a half. Bitcoin: -21% in a month. Between just these three cryptos: More than $36 billion in value gone.

Olympics: The Biggest Scam on TV

12.07.2017 • FranceComments Off on Olympics: The Biggest Scam on TV

Expected revenues from hosting the Olympics are over €3.5 billion, or $4 billion. So why are host countries not turning a profit, and why has this notable city never hosted the games at all?

Bad Bankers Are Holding €1.92 Trillion Hostage

11.07.2017 • FranceComments Off on Bad Bankers Are Holding €1.92 Trillion Hostage

There are companies that buy bad loans from banks then either manage them or sell them to others as specialized 'vulture funds'. But why not chock these assets up as losses once and for all? Why are they kept in these bad banks?

20 Reasons Why the G20 is a Giant Cover-Up

10.07.2017 • FranceComments Off on 20 Reasons Why the G20 is a Giant Cover-Up

Most of the 19 G20 countries (the 20th is the European Union) are no longer truly prosperous...they simply live in an illusion of prosperity through abnormally low borrowing rates.

Greedy Central Banks Are Running Out of Options, Fast

07.07.2017 • FranceComments Off on Greedy Central Banks Are Running Out of Options, Fast

After almost 10 years of free credit, weak links and financial zombies are swarming and the most extraordinary bubbles in financial history have swelled to unimaginable levels.

Two Wolves and a Lamb Vote on Dinner

06.07.2017 • FranceComments Off on Two Wolves and a Lamb Vote on Dinner

Democracy is a sinister farce that more and more resembles a stage drama. It will, however, meet its end when the 'money of others' is no longer enough to pay for good feelings... and that is the day that we will have a real crisis.

Italian Money Making Magic

05.07.2017 • FranceComments Off on Italian Money Making Magic

Tax currency is defined as 'not a legal tender and may not be converted into legal tender by the State. Is is, however, transferable to third parties and traded on the market.' Perplexed, dear reader? Me too.

Macron Just Picked up a $10 Billion Tab

30.06.2017 • FranceComments Off on Macron Just Picked up a $10 Billion Tab

French officials have declared that the Minister of Finance's 2017 budget is "insincere". Maybe the Minister, like Greece, has been asking Goldman Sachs for accounting advice...

Designing a Country Free from the Fed

29.06.2017 • FranceComments Off on Designing a Country Free from the Fed

Imagine a vast international monetary network beyond government control...gold and silver traders accept payments through it...an alliance between old shmooks and new techies...what do we have then?

Janet Yellen Just Signed Her Own Suicide Note

28.06.2017 • FranceComments Off on Janet Yellen Just Signed Her Own Suicide Note

Does the sentence, "ensure that our stimulus accompanies the recovery amid the lingering uncertainties", make sense to you? Rest assured, it's perfectly normal to say no. Central banks just avoid speaking clearly.

Five Reasons You Missed the Euro’s Golden Window

27.06.2017 • FranceComments Off on Five Reasons You Missed the Euro’s Golden Window

Even Greece and Italy are unafraid after the French election convinced investors that political risk in Europe is low...but the German election remains, and the crisis is not over...

The Government Will Feed Your Wealth to Zombie Banks

26.06.2017 • FranceComments Off on The Government Will Feed Your Wealth to Zombie Banks

The government says bank bailouts are in favor of economic health...but what about taxpayers? And why is this proven alternative being ignored?