The USD’s days of unchallenged dominance are quickly coming to an end - something even the Fed Chairman openly admits - which means we are likely on the cusp of a historic financial earthquake that could alter that direction of the U.S. forever and mark the biggest economic event of our lifetimes.
Read More »Debt-to-GDP Ratio by Country: The Top 10 Most Indebted Nations
Since COVID-19 started its spread around the world in 2020...global governments have had to increase their expenditures to deal with higher healthcare costs, unemployment, food insecurity, and to help businesses to survive. Countries have taken on new debt to provide financial support for these measures, which has resulted in the highest global debt levels in half a century...[Below is a] debt-to-GDP data by country from the most recent World Economic Outlook report by the IMF.
Read More »Why SWIFT Matters To Russia
There are 862 individual SWIFT codes of Russian origin, belonging to somewhere around 300 financial institutions out of a total in the bank network of 11,000 and removing them from the network would prevent those banks from using the network to facilitate transfers.
Read More »What Is Fed Tapering? How Does It Work? How Does It Impact the Economy?
This infographic shows how Fed tapering works, and its impact on the economy.
Read More »An Amusing Look At The Financial World of 2021
2021 was a most depressing year so this article-of-articles should put a smile on your face.
Read More »The World’s BEST Financial Satire – Bar None – Is Right Here (+4K Views)
How often do you come across an individual who is uniquely qualified, and sufficiently talented, to present insights into the central banking systems of the world and other financial matters in such a way that it puts a broad smile on your face? David Hague is one such man. Hague's reports as to what is happening in the world of finance today makes for the most insightful, intriguing and amusing "take" on the world of funny money. Enjoy the summary of his "articles" below.
Read More »Funny munKNEE: What the World’s Central Bankers Are Really Up To (+3K Views)
This article relates to a recent dinner I had with an European Central Bank [ECB] "executive" during which it was expressed/revealed (some might say, confirmed) that there is an on-going global conspiracy by Central Bankers to overthrow democracy and take over the world so to speak in what many refer to as a New World Order (NWO). My first reaction was that what he had to say was outlandish but, upon reflection, I think, in spite of the humorous circumstances surrounding the meeting, what he had to say was of considerable merit. Read on and express your own views in the Comment Section at the end of the article.
Read More »Be Afraid, Be VERY Afraid: Central Bankers Are Channeling Their Inner “Rothschild” (+4K Views)
...An offer of employment from the European Central Bank has inspired me to put down the bottle, battle the delirium tremens (DTs), and put pen to paper, (or, I guess, finger to keyboard) to expose a shocking and effective coup d’état that is overwhelming our global governments, our global economy and our way of life. Please consider my commentary extremely confidential and don't share it with anyone, particularly with anyone under 30. Read on. You'll understand why.
Read More »Level the Playing Field When Dealing With Your Bank – Here’s How (+2K Views)
A 98 year old lady (yes, 98!) actually wrote the following letter to her bank. The bank manager thought it amusing enough to have it published in the local newspaper and we thank him most sincerely for doing so. Perhaps it is something you should require from your bank as well.
Read More »The World’s Biggest Private Tax Havens
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.
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