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
Showing posts with label banking crisis. Show all posts
Showing posts with label banking crisis. Show all posts
Friday, March 31, 2017
Friday, November 30, 2012
Monday, October 3, 2011
Thursday, September 29, 2011
Tuesday, August 2, 2011
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
http://www.bloomberg.com/apps/news?pid=20601085&sid=amu4.WTVaqjI
Labels:
banking crisis,
currency,
Iceland,
inflation,
Krona,
McDonald's
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