Modern fractional reserve banking is ultimately a confidence game. If lenders or depositors are confident their bank is solvent, it stands. If confidence is broken,
Tag: Debt
Gold, Bitcoin and the Gigantic Global Debt Bubble
Today’s (13 May 2019) the first day in a long time financial markets appear willing to at least consider the reality of the geopolitical situation
A China Wins Twice Proposition: The Belt and Road Initiative
China’s dazzling infrastructure and energy-driven Belt and Road Initiative (BRI), a US$1 trillion investment across Eurasia and beyond, has lost its shine. Increasingly, China’s leveraging
Is Debt China’s Achilles Heel?
China’s credits to various countries along its much-discussed Belt and Road Initiative (BRI), the most ambitious infrastructure undertaking in history, have recently been criticized for
France’s Yellow Vests: Fuel Tax Hike Triggers Poverty, Finances War and Repayment of the Public Debt
The Western media in chorus upholds France’s President Macron against the Yellow Vests Movement, which it describes as “Climate Deniers”. The New York Times casually
Asteroids, War, Economic Collapse! Is the World Heading for Imminent Disaster?
Thanks to the internet, we are bombarded 24/7 with news of disasters and impending disasters, to the point of ennui. Are things really as bad
Do Loan Sharks Run America?
Everyone knows America is bankrupt, $21 trillion in debt, adding a trillion a year to that figure under Trump’s voodoo economics. Yet, America is on
In Greece, the Globalists Take It All – Life, Liberty, God, and the Future
The big push is on to convert Greece into a bastion of liberal democracy and godlessness. At least this is what the latest news from
