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Global Banking Stocks Are Crashing Hard – Just Like They Did In 2008

“Fortress balance sheets?”…  “It’s different this time”… “Greatest economy ever.” If all of that is true, then why are the stocks of the most systemically important banks in the world collapsing? And the banking collapse is leading global stocks lower – probably not coincidentally as global central bank balance sheets contract… As The Economic Collapse blog’s Read More…

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Rothschild Passing Dynasty On To 7th Generation, Marking 200 Years Of Banker Family Rule

Rothschild & Co. is ensuring that the business will stay in the family for a seventh generation as the current chairman prepares to hand his seat down to his son. The Rothschild banking empire will ensure that its control continues to stay within the family for a seventh generation as David de Rothschild, 75, is Read More…

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The 5 Cartels That Rule America And The World

Americans have been programmed to fight amongst themselves along partisan political lines, always pointing the finger at the other side of the phony left-right paradigm. Divide and conquer is the broad tactic being used to keep people from recognizing, focusing on, and targeting the truly diabolical agents in our world who hold real power over Read More…

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Is It Tuesday? Time For Another Banking Scandal…

Another day, another major banking scandal. It’s getting to the point where you can practically set your watch to these things. The latest involves our old friend Wells Fargo. The Wall Street Journal reported last night that Wells has been screwing its customers on foreign currency exchange rates. According to the Journal, Wells Fargo conducted an internal review Read More…

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China and Russia Creating Alternate Banking System

It may have arrived with little fanfare, but Russia’s SWIFT alternative has, more or less, arrived. Speaking in no uncertain terms at a meeting with Russian President Vladimir Putin late last month, Elvira Nabiullina, the Governor of Russia’s central bank, stated: “We have finished working on our own payment system, and if something happens, all Read More…

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Italy Proves That Banks Are Not The Risk-Free Fantasy We’re Told To Believe

In the late 1400s, the city-states of Italy were among most dominant powers in the world. Most of the city-states had abandoned the feudal system that persisted across Europe. So Italy was one of the only places on the continent where anyone, including foreigners, could work hard, take risks, and become wealthy. People could start Read More…