From VilaWeb via Zero Hedge (Google translation): This afternoon (09.23.2015) held an unusual movement in the branch of the Bank of Spain, Barcelona, Catalonia Square. Over thirty armored vans were entering and leaving the building shortly after an unknown direction. Many people have the photographs. The Bank of Spain has refused to comment on the …
Category: Finance, Banking, Insurance
Sep 26
The unnoticed crash of the 10 major stock markets
Over the last two months, the most significant global stock market decline since the fall of 2008 has been underestimated by the mainstream media, Michael Snyder observes. Over the last sixty days, we have seen the 8th largest single day stock market crash in U.S. history on a point basis and the 10th largest single …
Apr 30
Are the Greek Government’s goals so far from Troika’s?
“The current disagreements with our partners are not unbridgeable. Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets, address the non-performing loans that are clogging the economy’s credit circuits, create a fully independent tax commission, and boost entrepreneurship. The differences that remain …
Apr 29
Economic inequality in the USA
If you want to know more about the perception of inequality by US citizens, and how far it is distant from reality, you must read the work of Nick Fitz, a graduate student at the National Core for Neuroethics at the University of British Columbia, on Scientific american, to discover the real conditions are far …
Apr 21
Financial engineering is back, International Monetary Fund warns
“IMF tells regulators to brace for global liquidity shock”, Ambrose Evans-Pritchard report on The Telegraph. “Investors are borrowing money to buy shares on the US stockmarket at a torrid pace and are resorting to the same sorts of financial engineering that preceded the last two financial crises. (…) The report said there are clear signs …
Apr 21
Fondo di Garanzia PMI: circolare di rettifica dell’efficacia contributiva
E’ stata emanata la Circolare n. 6 del 30 marzo 2015 con la quale Banca del Mezzogiorno – MedioCredito Centrale, mandataria del RTI gestore, comunica l’aggiornamento dei quadri riassuntivi dell’efficacia contributiva degli interventi del Fondo di Garanzia per le Pmi di cui alla Parte VII delle Disposizioni Operative. La variazione fa seguito alla rettifica del …
Apr 16
Dollar hegemony and the Iran nuclear issue
A useful historical compendium of the last two decades is in the article by Peter Koenig on the Information Clearing House website, reminding how the most crucial moves in Middle East, including the last “wars for democracy”, might be strictly related to another war: the one for dollar supremacy in the world. The conclusions are …