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WAR and PEACE
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| UAE Withdrawal from Yemen |
| 03.08.19 12:35 |
Middle East |
| The announcement that the UAE is in the process of a large-scale military drawdown in Yemen has been met with rapturous applause by the Ansar Allah’s supporters who believe that this unofficially acknowledges their victory in the conflict, but these celebrations are premature because the vast majority of the country’s territory still remains outside of the armed group’s grasp even if most of its people reside in their region, and the most politically realistic solution to the war entails the institutionalization of the state’s deep divisions via the implementation of a “federal” model that de-facto restores the Old Cold War-era independence of North and South Yemen. |
| Global Research |
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| Is Baoshang Bank China’s Lehman Brothers? |
| 19.07.19 09:08 |
Economics |
| Modern fractional reserve banking is ultimately a confidence game. If lenders or depositors are confident their bank is solvent, it stands. If confidence is broken, that historically leads to bank panics, deposit runs and domino collapse of a financial system or worse. The surprise collapse in late May of a small Inner-Mongolia Chinese bank, Baoshang, has suddenly focused attention on the fragility of the world’s largest and largely opaque banking system, that of the Peoples Republic of China. The timing is very bad, as China struggles with a sharp domestic economic slowdown, rising food inflation, combined with the uncertainties of the US trade war. |
| New Eastern Outlook |
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| Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony |
| 02.02.19 09:01 |
Americas on the move |
| The end of America’s unchallenged global economic dominance has arrived sooner than expected, thanks to the very same Neocons who gave the world the Iraq, Syria and the dirty wars in Latin America. Just as the Vietnam War drove the United States off gold by 1971, its sponsorship and funding of violent regime change wars against Venezuela and Syria – and threatening other countries with sanctions if they do not join this crusade – is driving European and other nations to create their alternative financial institutions. |
| The Unz Review: An Alternative Media Selection |
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| The bankers and the euro |
| 04.11.17 10:56 |
Economics |
| 18 years after its launching the euro still doesnt work well. An essential element is still lacking to make it a durable currency. Behind the scene the central banks are still keeping it upright with temporary emergency solutions. |
| Rudo de Ruijter |
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| The cancer of bankers |
| 02.03.17 08:59 |
Economics |
| In The magic of bankers you have been able to read how bankers create balances for loans with a simple line of bookkeeping. There is no money involved. The money for the balances doesnt even exist. This extremely lucrative trick incites the bankers to supply as many loans as possible, but there is more. There are specific growth impulses which makes it impossible to stop the growth of the outstanding loans. Not even with regulations. This has tremendous consequences for our society. |
| Court Fool |
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| The magic of bankers |
| 03.02.17 22:29 |
Economics |
| If you dont know how banks work, you will never be able to understand the world. Juggle money out of the hat. Of course, bankers cannot. But what they can is juggle numbers out of the hat and make everybody believe this is money. |
| Court Fool |
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