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Europe’s Delusion, Dilemma, And Endgame

This 9 minute video explains succinctly the real driving force behind the EU crisis and the possible endgame, the destruction of the EU nation-state. For more economic animations see http://www.davidmcwilliams.ie/ When I was still in primary school, punk rock emerged – it seemed to me – out of nowhere and re-invented music. Before, music to […]

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US DOJ confirms criminal investigation into Forex manipulation

Just days after major Forex banks such as Deutche Bank, Rabobank, and others “The Usual Suspects” have been fined billions for a Libor fixing scandal, the US Department of Justice officially announced a criminal investigation into the fixing of Forex rates. Oct 29 (Reuters) – The U.S. Justice Department is investigating the manipulation of foreign […]

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Lack of price discovery killing capitalism

The economic problem with government bail-outs and intervention is they act as a huge economic player, keeping rates artificially low and stimulating those companies that work directly with the government.  The economic problem with this is that while the large companies can remain afloat with this support, very little ‘trickles down’ to small enterprises which […]

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Greenspan admits markets are result of screwy people, difficult to forecast

Alan Greenspan made a shocking statement on the Daily Show: “We really can’t forecast all that well. We pretend that we can but we can’t. And markets do really weird things sometimes because they react to the way people behave, and sometimes people are a little screwy.” – Alan Greenspan, speaking this week on “The […]

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US power waning amidst constant crisis

The US has experienced a systemic crisis recently including most aspects of the US system; political, financial, and social.  Being that the USD is the world reserve currency, and the US is basically the only real superpower, this has implications for the entire world.  Most notably, the US experienced severe systemic crisis: Spy Scandal, revelations […]

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EU votes to suspend Terrorist Finance Tracking Program (TFTP)

European politicians have voted for a suspension of an ongoing Terrorist Finance Tracking Program (TFTP), in light of recent revelations that the NSA has been spying on EU politicians, businesses, and individual citizens. The EU should suspend its Terrorist Finance Tracking Program (TFTP) agreement with the US in response to the US National Security Agency’s […]

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