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”.
A deep dive look at the world of short volatility trading strategies, their hidden risks and likely cause for a volatility explosion. Get acquainted before it blows up your retirement portfolio.
The shares of Spain’s sixth biggest bank, Banco Popular, plunged 36% this week to €0.43, causing senior officials of the ECB to warn that the bank could be wound down if it fails to find a buyer. Should that happen, it would be the first major test of …
Arizona Governor signed a bill into law that eliminates states capital gains taxes on gold and silver specie, a first step to facilitate their use as currency and undermine the Federal Reserve’s monopoly on money.
A brief history of currency changes in Central and Eastern European countries since the 19th century to the present day.
Another glance at the total derivatives the big 5 Canadian banks are exposed to since our last report shows the banks collectively continued to expand their derivatives books – by almost 1 trillion.
In its fourth capital infusion since 2010, Deutsche Bank plans to raise €8 billion through the sale of equity. Existing shareholders can expect a massive dilution of 35%.
The immediate market celebration of a continued accommodative Fed at the last FOMC meeting might be premature. The pundits might have missed the cues buried in the Fed’s tea leaves.
Arizona takes a step in eliminating the FedEx’s monopoly on money by introducing competition into the monetary system.
Eurozone Target 2 imbalances have touched or exceeded the crisis levels hit in 2012 when Greece was on the verge of leaving the Eurozone. What gives?
German 2-year yield just hit an all-time low of -0.95% this week.
Hypothecation happens when a borrower pledges collateral to secure a debt. Even though the borrower retains ownership of the collateral, the lender has a right to seize said collateral should the borrower default. This way, the creditor ‘hypothetically …
G20 governments are quietly slipping bail-in provisions into law to make sure that next time a too big to fail bank blows up again by derivatives it will be rescued using depositors’ money, in the name of protecting the taxpayers.
Herded along by the Financial Stability Board, governments of leading economies endorsed a framework during the past G20 Summit whereby depositors’ money will be used to rescue a failing bank when the global derivatives casino blows up again next time.
The derivatives market, the trigger of the 2008 global financial crisis, has since gotten even bigger and more concentrated into fewer hands. A mutually assured destruction awaits the global economy next time it goes off again.
Financial derivatives are financial contracts in which the promised payoffs are derived from the performance of another underlying entity. The underlying entity can be an equity (such as an individual stock or a stock index), interest rate, credit or c …
With no fanfare and little to no media coverage, your government has just put in place a mechanism to use your deposit money to bail-in a failing bank, like what happened in Cyprus a short time ago.