Showing posts with label official. Show all posts
Showing posts with label official. Show all posts

Wednesday, March 23, 2016

It's Official: Canadian Bank Depositors Are Now At Risk Of Bail-Ins

http://www.zerohedge.com/news/2016-03-22/its-official-canadian-bank-depositors-are-now-risk-bail-ins
...we have official confirmation that Canada has just become the latest country to treat depositors as the bank creditors they are, and as such, they too will be impaired, or "bailed-in" the next time a Canadian bank needs to be rescued. 

This new "bail-in" regime is spun as benefitting taxpayers; what isn't mentioned is that most of those taxpayers who will be "protected" also happen to be the impaired depositors (also known as creditors) in these soon to be bailed-in banks, which begs the question: just who or what is being protected here? 

Thursday, March 3, 2016

It's Official: Canada Has Sold All Of Its Gold Reserves

My question to all citizens: has Canada sold out its own citizens by depleting its national gold reserves to zero?  In my opinion, Canada's finance ministers just bankrupted its future.  There will be hell to pay for Canadians.

Please Google "Brown's bottom".

http://www.zerohedge.com/news/2016-03-03/its-official-moment-canada-has-no-gold-reserves-left

Saturday, December 6, 2014

It’s official (finally): The US is no longer the world’s #1 economy

http://www.sovereignman.com/trends/its-official-finally-the-us-is-no-longer-the-worlds-1-economy-15689/
The West, and the US in particular, is plagued by:

Insane debt levels, which the government has been accumulating at faster and faster rates, hitting an unprecedented $18 trillion in debt this past week.

Short-sighted monetary policy, from quantitative easing that has debased the currency to negative interest rates that have wiped out any reason to be smart with money.

A crippled economy, as Western nations’ oppressive taxation frightens away the productive, and handouts have created a society of dependency.

Global bullying, as the US spies on its own citizens and allies, compelling businesses and governments to terminate their relationships with the Land of the Free.

Waging endless wars, whether against nouns (‘terrorism’), plants (‘drugs’), and brown people on the other side of the planet who supposedly hate us for our freedom. If they only knew…

A population that lives in fear, as you are more likely to get shot by your own police in the United States today than to ever even see a terrorist.

It’s pretty hard to maintain the top spot when that’s what you stand for.

Tuesday, November 19, 2013

Ex-Fed official: 'I'm sorry for QE'

This is another example of a former government official speaking the truth only AFTER he leaves office.

http://www.cnbc.com/id/101192690