Archive - Jun 26, 2013 - Blog entry
Where’s Benjamin?
Submitted by Pivotfarm on 06/26/2013 17:43 -0500The Federal Reserve has had $1.2 million swiped from a flight somewhere between Switzerland, the land of secret banking, and New York City. Now, in the ranking of thefts that have taken place in history, this one seems like it is rather untimely! Has anybody seen Ben Bernanke lately?
The Public Doesn’t Believe the NSA … Knows What’s Really Going On With Mass Spying
Submitted by George Washington on 06/26/2013 11:30 -050072% of Likely U.S. Voters Know the NSA Has Monitored the Private Communications of Congress, Military Leaders and Judges
The Single Largest Driver of the US Economy is About to Collapse
Submitted by Phoenix Capital Research on 06/26/2013 10:18 -0500
Anyone who is banking on consumers to continue spending as they have is out of their mind.
Major Chinese Banks Stop Lending
Submitted by Pivotfarm on 06/26/2013 09:59 -0500It was bound to happen some might say. We were warned! Chinese banks have stopped lending due to pressure from liquidity deposits. Some branches of the Bank of China and the Industrial and Commercial Bank of China have issued statements in which they announce that they are halting lending for a temporary period.
Italy’s €8bn Loss! Draghi?
Submitted by Pivotfarm on 06/26/2013 07:01 -0500- Bond
- Budget Deficit
- China
- Crude
- Crude Oil
- European Central Bank
- Eurozone
- Federal Reserve
- Greece
- Gross Domestic Product
- Hyperinflation
- Insider Trading
- Iran
- Italy
- Joseph Stiglitz
- Market Crash
- Milton Friedman
- NASDAQ
- Nasdaq 100
- None
- notional value
- Recession
- Silvio Berlusconi
- Technical Analysis
- Treasury Department
- Trichet
The Financial Times has revealed that Italy is facing losses of €8 billion due to derivative contracts that were taken out in the 1990s and that were restructured during the Eurozone crisis.
