ER Editor: See this tweet from journalist Cesare Sacchetti to frame this story: One could be forgiven for imagining that it is Matteo Salvini who is supposed to be next in line to take power […]
ER Editor: There had been strange goings-on during January around the Vatican, with the Italian government suddenly in trouble for no apparent reason. Giuseppe Conte resigned before he had to, with the intention apparently of […]
“It Belongs To The People, Not The Bankers” – Italy Moves To Seize Gold From Central Bank TYLER DURDEN Two weeks ago, somewhat out of the blue, ECB President Mario Draghi issued an odd […]
The Italian people must understand that their country is at war GEFIRA The conflict between the European Union and Italy is a full-blown financial war. Euro countries cannot print their own money and for that […]
ECB Stages Coup Against Legitimate Government of Italy COVERT GEOPOLITICS In an intervention which violated the most fundamental rules of democracy and international law, on May 27 the hierarchy of the European Union (EU) vetoed […]
The new Fed director wants the US middle class to pay for the next crisis GEFIRA The central bankers have used all sorts of tools. If the next crisis comes, they have nothing left. When […]
The Perfect Storm for 2020: Weidmann at the ECB, Trump’s trade war, Macron’s failure, Italy’s turmoil GEFIRA Clouds are gathering: Weidmann will end QE while Macron’s reform will not solve any problem whatsoever. It’ll be […]
Draghi’s departure will mark the beginning of the 2020 euro crisis GEFIRA In 2015, the European Central Bank began printing money. Since then, its balance sheet total has risen to 4.4 trillion euros (5.3 trillion […]
Globalization Is Poverty: “The Endgame Is Painfully Obvious” TYLER DURDEN Authored by Raul Ilargi Meijer via The Automatic Earth blog Central bankers have never done more damage to the world economy than in the past […]
By VALENTIN KATASONOV Central banks are key institutions responsible for issuing currency, monitoring private banks and carrying out a country’s monetary policy. In terms of their influence on a country’s economy, central banks may surpass all […]
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