Deutsche Bank CEO Warns Of "Fatal Consequences" For Savers

The CEO of Deutsche Bank unveiled a striking warning, which however, in was not aimed at his old nemesis Mario Draghi, but at Germany itself, hinting that if Deutsche Bank goes down it is taking everyone down with it, when he warned of "fatal consequences" for savers and pension plans.

Government Study Admits Fed Policies Have Deepened Downturn For Many

People, more and more of them, understand the impossibility of improving the economy by giving a handful of people the power to expand or contract the money stock at will. In simplest terms it is a ridiculous idea. It can’t work. It doesn’t work. And this analysis is further proof. And sooner or later the current system will not have the necessary popular support to survive.

Is Portugal The Next "Shoe To Drop" In Europe?

Portugal 10-year yields imply that investors are starting to get a little worried about an October ratings decision that could make Portugal the EU's next big bailout candidate.

Four More Mega-Banks Join The Anti-Dollar Alliance

Today, four of the world’s largest banks announced a brand new joint venture to create a new financial settlement protocol built on blockchain technology. Deutsche Bank from Germany, UBS from Switzerland, Santander from Spain, and Bank of New York Mellon have joined together to launch what they’re naming the very un-sexy “utility settlement coin”. If foreign banks are able to transact directly with one another without having to go through the US banking system, then why would they need to park trillions of dollars in the United States?

Globalism Is A Barbaric Relic - Voluntary Tribalism Is The Future

In the end, globalism is doomed to crash in a ball of flames, but not before the globalists attempt to take everyone else down with them.  It would behoove us to start constructing our tribes now, rather than after the situation has become grim in the absolute.  Through localized production, alternative trade models, local organization for mutual aid and defense, and the principles of liberty, America could become a network of tribes within a tribe; a self reliant system built around redundancy rather than interdependency.

5 Factors That Could Turn America Into Another Collapsed Empire

Many people have written about poor countries that have fallen apart. But rich nations fall apart, too. In fact, nations are just as likely to unravel after periods of prosperity as after periods of depression. The 2016 presidential campaign appears so bitter precisely because so many Americans worry that the “other” party’s candidate will annihilate the nation.

France To Deploy 3,000 Troops To Schools: "The Threat Is Real" Education Minister Says

France interior minister Bernard Cazeneuve announced France would deploy about 3,000 reserve troops, train school authorities and ramp up school anti-terror drills in case of attacks, its education and security ministers announced on Wednesday, a week before the start of a new academic year. "The threat is high, it is real," the French Education Minister Vallaud-Belkacem added.

Largest Saudi Bank Crashes To Record Low

Despite the exuberant rebound in the price of oil - and the hope that this means something other than an over-financialized commodity being short-squeezed by rumors - all is not well across the oil producers of the world. Having noted the record surge in default protection for Saudi Arabia (ahead of its looming debt deal), we note that National Commercial Bank's stock price has collapsed to record lows. This is Saudi Arabia's largest bank, and is often used as a proxy for the royal family's wealth...

Nigel Farage Cheers "Anti-Establishment" Victory At Trump Rally - Live Feed

(In)famous British politician Nigel Farage will address a Trump rally in Mississippi tonight, telling "the story of the Brexit campaign," explaining to the audience "how the anti-establishment can beat the establishment." While Farage is not expected to directly endorse Trump, Sky reports that the Brexiteer railed against the political classes on local Mississipe radio today, and compared Mr Trump's popularity with the "silent majority" of the British people who voted for Brexit.

Total Societal Collapse: What The Media Isn't Telling You About Venezuela

"In the coming months, this story of societal collapse will likely force its way into the mainstream. Food shelves haven’t been restocked, the police haven’t restored order, and the food lines continue to grow. The faith in the State that was the cornerstone of stability under Hugo Chavez has been completely eroded."

US Admits Syria Bombing "May Have" Killed Civilians

"...what appeared to be a non-military vehicle drove into the target area after the weapon was released from the aircraft. The vehicle's occupants may have perished as a result of the strike..."

The "Philippines' Donald Trump" Surprises Critics By Unleashing "Long-Term Economic Boom"

With statements like "I don't give a shit about... the son of a bitch United Nations", calling the US ambassador to his country an "Annoying, homosexual, son of a bitch" and even joking about gang rape, not to mention his radical policies including the killing of hundreds of drug dealers, the Philippines new president Rodrigo Duterte quickly got the nickname of the "Philippines' Donald Trump." More importantly, he is also seen as unleashing an unexpected "economic boom" success story.