Finance

Ukrainian currency plunges to new record low
Ukraine’s hryvnia has hit rock bottom, now 34 against the euro. This is the lowest point for the Ukrainian currency ever tracked. The hryvnia has also plunged to a record low against the Russian ruble, trading at 4.99 hryvnia to 10 rubles. The Ukrainian currency is on its hat-trick against the US dollar. One dollar is worth 28.44 hryvnia; the historical record was 30.01 hryvnia in February 2015. [...]
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David Stockman On The Real “Shithole” – $40 Trillion & Counting…
"America does not need Walls; it actually needs tens of millions of younger and working age immigrants who can function as tax mules to carry the burden of 105 million baby-boomer and retirees" Washington is drifting rapidly into a hellacious fiscal calamity and the only thin reed of resistance is the once and former party of fiscal rectitude. If it does not get its act together and screw-up some [...]
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US gold of low purity & that’s why audit of reserves will never be allowed – expert tells RT
The United States doesn’t let anyone see its gold reserves. Even if the Treasury has the number of billions it claims, they are not tradable, warns Singapore’s BullionStar precious metals expert Ronan Manly. [...]
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Money vs Currency – Hidden Secrets Of Money Episode 1 – 8 Mike Maloney
Currency vs. Money is the 1st Episode of Mike Maloney's Hidden Secrets of Money, a series presented by Mike Maloney as he travels the world to uncover the Hidden Secrets of Money. Episode 1 Money vs Currency - Hidden Secrets Of Money Episode 2 Seven Stages Of Empire Episode 3 This Timeline Shows The Death Of The US Dollar As World Reserve /* */ /* */ [...]
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$21 trillion of unauthorized spending by US govt discovered by economics professor
The US government may have misspent $21 trillion, a professor at Michigan State University has found. Papers supporting the study briefly went missing just as an audit was announced. Two departments of the US federal government may have spent as much as $21 trillion on things they can’t account for between 1998 and 2015. [...]
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Russia may turn to cryptocurrencies in oil trade to challenge sanctions & the petrodollar
The gradual acceptance of digital currencies, with major exchanges about to launch bitcoin futures trading, may prompt some oil producing nations to ditch the US dollar in crude trade in favor of cryptocurrencies, an oil analyst says. Russia, Iran and Venezuela have more than one thing in common. All three are major oil producing nations dependent on the dollar since the global crude market i [...]
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Dollar should not dominate the world – Russian PM Medvedev
The international financial system needs to balance which is why there is no place for a dominant currency, said Russian PM Dmitry Medvedev. “The balanced system of financial relations should be based on the use of various reserve currencies, various forms of settlement. There should be no domination of any one currency,” said Medvedev, speaking at the regular Russia and China heads of govern [...]
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Worst stock market crash ever is coming – Max Keiser on Black Monday’s 30th anniversary
30 years after the 1987 Black Monday stock market crash, stocks are trading at all-time highs. Max Keiser warns biggest ever market crash is coming. Thirty years ago Wall Street slid into the abyss, suffering the biggest one-day market fall of over 22 percent. Since then the Dow Jones has risen from 1,738 points to an all-time high of over 23,000, raising fears another historic crash is on the car [...]
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Death of the Dollar ~ Winter Is Here – Truth Never Told [Video]
Schiff/Trotsky funded AntiFA-like protests and false flags in Russia exactly like what is now happening in the west before they murdered the Czar. Same thing in France before the French Revolution. You don’t need to be a genius to see this new Bolshevik revolution in all the White European Christian established nations today and Muslims and non adamic races are being used as an army. This [...]
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The Boeing-Bombardier Feud: ‘Rich of US to Accuse Canada of Subsidizing’
The British Prime Minister Theresa May has arrived in Canada on Monday, September 18, with the row between Boeing and Bombardier on her agenda. Sputnik spoke to an expert who said the dispute could "escalate." Boeing claims huge Canadian government subsidies allowed them to sell a new fleet of planes at substantially less than the market price. [...]
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Max Keiser Episode 1118
In this special double-header episode, Max and Stacy discuss Germany repatriating €24 billion worth of gold from New York and the US administration finally realizing it is already at economic war with China. They also discuss 'enlightened' Silicon Valley sorts who 'feel' they are inclusive despite the data proving they are not. [...]
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Russia pays off balance of Soviet Union’s foreign debt
Moscow made the final payment on the remaining foreign debt inherited from the Soviet Union. Russia took on the debt after the other former Soviet republics refused to pay. “The debt to Bosnia and Herzegovina in the amount of $125.2 million has been settled in accordance with the agreement between the Government of the Russian Federation and the Council of Ministers of Bosnia and Herzegovina,” [...]
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Major ‘De-Dollarization’ Trend Seen in Russian Economy, Minister Says
Russian Minister of Economic Development Maxim Oreshkin said Wednesday that Russia's national currency, the ruble, should be supported because a "big trend toward the de-dollarization" of the country's economy is growing at a steady pace. [...]
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Expert: Skyrocketing Price of Bitcoin Likely to Undergo ‘Tulip Mania’
The skyrocketing price of Bitcoin in recent years is likely to undergo the economic bubble like Tulip mania in the Netherlands at the beginning of the 17th century, says expert Zhou Wuying, Economic Information Daily reported on Aug. 14. [...]
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Russia cutting dependence on US dollar – economy minister
The Russian government is taking steps to reduce the value of transactions using the American currency in the country, according to Economic Development Minister Maksim Oreshkin. “There is a big trend toward the de-dollarization of the Russian economy.  [...]
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Where German Gold Is Stored and How to Bring It Back to the Country
Germany's gold bars have been kept abroad since the end of the WWII. The activist campaign "Bring our gold back home!" demands the return of the gold reserves to German soil. The process of repatriation is already underway. In early 2017, it was reported that Germany's Bundesbank had repatriated almost half its gold reserves from abroad. [...]
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Global Debt Now 327% of the World’s Annual Economic Output, Report Reveals
A report by the Institute of International Finance (IIF) in the US has revealed that global debt levels have surged to US$217 trillion in the first quarter of 2017. This is 327 percent of the world's annual economic output (GDP). [...]
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Warren Buffett wants more taxes on rich Americans, single-payer healthcare
The Republican healthcare proposal amounts to a tax cut for the rich, and the US economy would benefit far more from establishing single-payer healthcare, according to Warren Buffett, one of the richest men in America. The 86-year-old Nebraskan is the chief executive of investing house Berkshire Hathaway and has a net worth of $75.6 billion, according to Forbes. He is the world’s second-riche [...]
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Can the average American live off Social Security?
The answer is crystal clear. For years, Social Security has served as a key source of income for millions of retired Americans. In fact, these days, an estimated 61% of retirees rely on their benefits to provide at least half of their income. The problem, however, is that Social Security was never designed to cover seniors' living costs in their entirety. So when we ask whether the average America [...]
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