Uncle Sam May Tip Deutsche Bank Over the Edge
The US Dept. of Justice wants to extract billions in fines from Deutsche Bank. German taxpayers may then be on the hook for the inevitable bailout.
The US Dept. of Justice wants to extract billions in fines from Deutsche Bank. German taxpayers may then be on the hook for the inevitable bailout.
Frightened by an unstable economy and low returns, savers are saving even more and frustrating the plans of central bankers.
It is no secret that secret Swiss bank accounts are not so secret anymore, as political elites worldwide wage an all-out war against financial privacy.
Central banks have been on a bond-buying spree. This is good for governments deep in debt. But it is a risky and dangerous policy for the rest of us.
The bond sell-off of early September 2016 may turn out to be just another blip in the extraordinary bond bull market. But it is too early to tell.
The Federal Open Market Committee (FOMC) decided yet again today to hold off on raising the target federal funds rate.
The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.
The Fed is busy coming up with new ways to "stimulate" and manipulate the economy.
Threatened by the existence of private digital currencies, central banks are looking to create some of their own.