Economics

Germany Goes There: “Can’t Compare Deutsche Bank To Lehman”…”When it’s important, you have to lie,”

Monday, September 26, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 26, 2016 “When it’s important, you have to lie,” is the now well-known mantra from European leaders when the crisis hit. So when a German politician proclaims “you can’t compare Deutsche Bank with Lehman. The bank is in a position to get out of this situation on its own,”... »

A Crashing Deutsche Bank Scrambles To Assure Markets That It Is “Fine”

Monday, September 26, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 26, 2016 “I don’t buy at all what’s coming out of Germany in terms of Germany not wanting to step in ultimately if Deutsche Bank was really in trouble” said Andreas Utermann, Allianz Global Investors’ chief investment officer. “Deutsche Bank is “too important for the German economy.” The Rest…HERE... »

Deutsche Bank Stock Plunges To All Time Low After Merkel Rules Out State Bailout; Default Risk Surges

Monday, September 26, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 26, 2016 As reported over the weekend, in an unexpected announcement Angela Merkel announced that she has ruled out state aid for Deutsche Bank, and the market reaction has been swift and brutal, with the bank’s shares tumbling to a new all time low, sliding more than 6% this... »

The Most Dangerous Time Ever – World Financial System Now At The Edge Of A Black Hole…(Must Read And E-Mail!)

Sunday, September 25, 2016
By Paul Martin

KIngWorldNews.com September 25, 2016 With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, told King World News this is the most dangerous time ever, with the world financial system now at the edge of a black hole.... »

Eric Peters: “In The End, Central Banking Monetary Magic Is All Nonsense, Empty Formulas, Illusions”

Sunday, September 25, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 25, 2016 “Wir schaffen das,” whispered Yellen, explaining that the Fed was hawkishly holding rates steady, while lowering the dots. You see, when you’re unsure what’s most frightening, you insure against everything. But in the end, central banking monetary magic is all nonsense, empty formulas, illusions. The Rest…HERE Share... »

Chinese Contagion Risks Surge: Banks’ Reliance On Each Other For Funding Hits All Time High

Sunday, September 25, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 25, 2016 China’s smaller banks have never been more reliant on each other for funding, prompting rating companies to warn of contagion risks in any crisis. “Contagion risks are definitely rising,” according to S&P: “The pace of the development is concerning. If this isn’t stopped in time, the central... »

Trump: Titan of Corporate Tax Cuts

Sunday, September 25, 2016
By Paul Martin

By David Haggith TheGreatRecession.info Sept. 24, 2016 Trump’s corporate tax cut is supply-side stimulus I could agree with if done right, even though it primarily helps the rich. Trump wants to cut the top corporate tax rate from its current 35% to 15% (which is currently the bottom bracket in US corporate income tax... »

US banks THREATEN to pull out of UK if PM May doesn’t meet Brexit demands

Sunday, September 25, 2016
By Paul Martin

AMERICAN bankers have warned the Prime Minister that they are considering plans to pull their business out of Britain because of a lack of transparency on Brexit. By SIOBHAN MCFADYEN Express.co.uk Sun, Sep 25, 2016 Mrs May met with executives from Goldman Sachs, Morgan Stanley and BlackRock at a round table this week as... »

As Default Looms, Venezuela Pushes Highly Dubious Oil Deals

Sunday, September 25, 2016
By Paul Martin

by Nick Cunningham WolfStreet.com September 24, 2016 Teetering on the brink of utter economic collapse. Venezuela, teetering on the brink of utter economic collapse, is rushing through a tender for billions of dollars of drilling contracts to boost oil production in the Orinoco Belt. Venezuela has seen its oil production fall slightly each year... »

One Step Away From Collapse, Are You Prepared?…”All hell is ready to break loose. I am absolutely convinced that it will be a cyber attack that will take down this economy.”

Saturday, September 24, 2016
By Paul Martin

By Dave Hodges TheCommonSenseShow.com September 23rd, 2016 Can the banks withstand one more false flag event? The economy is hanging on by a thread. False flag events may no longer matter to the economic health of the nation. Last year the S&P downgraded Goldman Sachs, JP Morgan and six other major financial institutions and... »

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