Greece Surrenders its Sovereignty to Brussels

The Syriza government is backing down after the realization that Brussels will declare economic war on Greece by deliberately trying to plunge the country into total ruin, far worse than the sanctions imposed on Russia. This is a sad day for the entire world. It is a terrible example that the Troika is the new equivalent of a Roman Triumvirate – the death of democracy. Europeans will remember this day for it is when national sovereignty died. We...

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The Great Banking Game of the BIS

Tony Montana: Black market lord, servant to the international oligarchy. Greece is now in the news for the left socialist Syriza Party caving (predictable) to the IMF’s economic terrorism, resulting in bank runs and capital controls.  Echoing the previous two bail outs back to 09 and 10, the new “plan” will undoubtedly result in more collateral seizure of Greek assets for the engineered debt crisis shock doctrine that controls virtually...

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Manhattan Apartment Prices Soar To Record On Billionaire Bid

Three weeks ago in “Beef Prices Hit Record: Up 30% In The Past Two Years,” we noted that although the Fed may continue to claim inflation is non-existent, for those Americans who can't afford a house and thus have to rent, inflation is all too real. The soaring cost of housing is a topic we’ve covered extensively and indeed, as we showed in “America’s Housing Problem: Buying And Renting Are Both Unaffordable,” many Americans face the rather harrowing...

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The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing

Keep an eye on the shadow banking system – it is about to be shaken to the core.  According to the Financial Stability Board, the size of the global shadow banking system has reached an astounding 75 trillion dollars.  It has approximately tripled in size since 2002.  In the U.S. alone, the size of the shadow banking system is approximately 24 trillion dollars.  At this point, shadow banking assets in the United...

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