Showing posts with label banking crisis. Show all posts
Showing posts with label banking crisis. Show all posts

Friday, March 31, 2017

Here’s Why Italy’s Banking Crisis Has Gone Off the Radar

Italy's banking sector is circling the drain, so the EU authorities are keeping things mum until upcoming elections are over.  They know bad news from bankrupt banks will collapse the EU.

http://wolfstreet.com/2017/03/30/how-many-italian-banks-are-insolvent/#comment-78858

Thursday, August 5, 2010

How to brainwash a nation



http://www.youtube.com/watch?v=zeMZGGQ0ERk


..the 4 steps used to transform the thinking and behavior of an entire population, over generations.

1) Demoralization
2) Destabilization
3) Crisis
4) Normalization

Monday, October 26, 2009

This is what happens when your currency collapses

Icelandic banks collapsed last year, causing a run on deposits and their currency, the Krona. The economy imploded, drowning in debt and over-speculation (sound familiar?) amidst a financial crisis. Inflation soared overnight. As a result, the McDonald's hamburger chain is closing all their franchise restaurants in Iceland.

http://www.bloomberg.com/apps/news?pid=20601085&sid=amu4.WTVaqjI