Topic: Monetary reset

In a Nutshell

The financialization of our modern day credit driven economy and the unprecedented explosion of debt in the past four decades have slowly but surely driven our monetary system to a dead end. Unless preempted by a major war, the impact to our society when the monetary reset unfolds will not be smooth.

We go into mid-level details on topics contributing to the monetary reset, many of which are not covered, intentionally or otherwise, by mainstream media in the hope that you won’t get broadsided by this financial pickup truck when it hits and complain “Nobody saw this coming”.

Canadian Bank Derivatives Exposures – 2016 Q1 update

In light of the recent bank bail-in legislation introduced by the Canadian government, here’s an update on how much the big 5 Canadian banks are exposed to derivatives, those toxic financial instruments of mass destruction which blew up the financial world in 2008 had it been not for the governments using massive public money to bail out the private banks.

June 11, 2016

The Case For A Super Glass-Steagall

The time of re-introducing Glass-Steagall to separate commercial and investment banking has long passed, but it is still not too late.

June 5, 2016

Mutiny Among The “Magic People” – India Central Banker Admits “The Ammo Is Almost Gone”

A rare moment of clarity from a lesser god: head of India’s central bank admits central banks and governments of rich countries are running out of ammunition for stimulating their economies… but they can never admit as much.

May 16, 2016

Bank of North Dakota Soars Despite Oil Bust: A Blueprint for California?

Lawyer and public bank advocate Ellen Brown describes how the US one and only state-run public Bank of North Dakota remains profitable despite the epic oil price collapse, and how a state as big as California can starts its own public bank without cost …

May 2, 2016

Austria Just Announced A 54% Haircut Of Senior Creditors In First “Bail In” Under New European Rules

First bank bail-in in action under the new Bank Recovery and Resolution Act took effect in Europe in 2016. Austria just announced its decision to bail-in senior creditors of failed Heta Bank. Highlights: 100% bail-in of all subordinate liabilities, 54% …

April 10, 2016

Canada Introduces Bank Bail-in Regime to Bail Out Failing Banks

Following the EU’s footsteps, the government of Canada introduces bail-in legislation to bail in depositors’ money in order to bail out future failing banks.

April 3, 2016

Deflation, Debt & the Monetary Reset

A confluence of driving forces nudges the global monetary system toward a reset, with deflation leading the charge.

February 13, 2016

Will Deutsche Bank Be Saved From Collapse?

Deutsche Bank shares tanking over 10% today (more than 30% since last Dec alone) is evidence that the market has finally awakened to the smell of the roses. DB, probably the most reckless too-big-to-fail bank for those who have not noticed, is merely a …

February 8, 2016

A Crisis Worse than ISIS? Bail-Ins Begin

Bail-in mechanisms in G20 countries enter implementation phase in 2016.

January 11, 2016

The Bail-Ins Are Back! Portugal Slaps Senior Bank Bondholders With €2 Billion Loss

Another bail-in. this time senior Portuguese bank bond holders are on the hook to bail out another failed bank.

December 30, 2015