Banking

Ponzi schemes are a type of financial fraud that lures investors by promising abnormally high returns. To help you learn more about these sophisticated crimes, this infographic examines some of the biggest Ponzi schemes in modern history. The scheme is named after Charles Ponzi, an Italian who became infamous in the 1920s for claiming he could double his clients’ money within …

When the world’s ultra-wealthy look for tax havens to shield income and wealth from their domestic governments, where do they turn? Here are the world’s top 20 tax havens, as ranked by the 2020 Financial Secrecy Index.

Over the past few years, there have been many rumors about a coming global currency, but at times it has been difficult to pin down evidence that plans for such a currency are actually in the works but not anymore. A shocking new report by the IMF is proposing just that - a global currency beyond national control! Words: 820

While there are risks, cryptocurrencies can reap huge rewards for those who make the right investment decisions. In this blog post, we discuss how to invest in cryptocurrency and what you need to know if you want to get involved!

This article looks at the per-capita progress of that wealth effect – what it means and what it accomplishes.

It appears that the next “Lehman Brothers moment” may be playing out right in front of our eyes. Now more than ever, keep a close eye on Deutsche Bank, because it appears that they could be the first really big domino to fall.

Peter Schiff recently appeared on Tucker Carlson’s show (see video below) to talk about inflation. Here is what he had to say:

Below is a list of the 10 strongest banks around the world according to Bloomberg Markets magazine. One country has 4 such banks. Another has 3. Then there are three countries with one bank each in the top ten. Guess which countries are on the list and with the strongest banking systems overall?

We can't rule out the possibility that, at some point in the next few years, our economy will slow, perhaps significantly. How would the Federal Reserve respond? What tools remain in the monetary toolbox? In this and a subsequent post, I discuss some policy options the Fed might consider, focusing first on negative interest rates.

As the ripple effect of the COVID-19 pandemic rages on, central banks have been quick to act in slashing interest rates. However, with rates already sitting at historic lows before the crisis, it is possible that banks may be forced to employ more unconventional and controversial techniques to try and calm the economy as time goes on.