China completes first test runs on establishment of new sovereign digital currency

China completes first test runs on establishment of new sovereign digital currency

A few days ago the People's Bank of China completed preliminary testing of a new digital currency to run concordant with the Renminbi. With most of China already functioning on a d ...

The catch-22 of tax cuts and how will the government fund social security and $220 trillion in obligations

The catch-22 of tax cuts and how will the government fund social security and $220 trillion in obligations

Ever since the Great Depression, the United States government has been writing checks that future generations would never be able to cash.  And this includes social security and a ...

No country for old men: Populism steals another nation as establishment desperately clings to dying globalism

No country for old men: Populism steals another nation as establishment desperately clings to dying globalism

On Sunday, Oct. 15, a shocking result took place as a young conservative upstart won the general election in Austria and validated that the global populist movement is still chuggi ...

FDIC closes down seventh bank of 2017 in the state of Kansas

FDIC closes down seventh bank of 2017 in the state of Kansas

On Oct. 13, the FDIC closed down their seventh bank of 2017 as The Farmers and Merchants State Bank of Argonia shuttered its doors.  This institution is the first bank failure for ...

Expect Libor rigging to continue with big banks as U.S. courts impose ‘slap on the wrist’ fines

Expect Libor rigging to continue with big banks as U.S. courts impose ‘slap on the wrist’ fines

In today's financial world where governments, regulators, and courts deem banks 'too big to jail', fraud, corruption, and theft are just the cost of doing business.  And when banks ...

Real estate value investors flock to Houston as the best time to buy is when there is ‘water’ in the streets

Real estate value investors flock to Houston as the best time to buy is when there is ‘water’ in the streets

Because flood insurance is not very affordable for those living in coastal cities around the United States, quite often after hurricanes a lot of homes do not get rebuilt, re-model ...

Keeping Greece in austerity profitable for the ECB as the central bank reaps windfall from holding their debt

Keeping Greece in austerity profitable for the ECB as the central bank reaps windfall from holding their debt

For almost the past decade Greece has become Europe's poster child of economic decline, with nearly every financial institution within the Eurozone bent on keeping the Southern Eur ...

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