11 July, 2015 by The TZ Newswire Staff Comments Off on The FDIC’s Plan to Raid Bank Accounts During the Next Crisis
The FDIC’s Plan to Raid Bank Accounts During the Next Crisis
As we’ve noted previously, one of the biggest problems for the Central Banks is actual physical cash.
The financial system is predominantly comprised of digital money. Actual physical Dollars bills and coins only amount to $1.36 trillion. This is only a little over 10% of the $10 trillion sitting in bank accounts. And it’s a tiny fraction of the $20 trillion in stocks, $38 trillion in bonds and $58 trillion in credit instruments floating around the system.
11 July, 2015 by The TZ Newswire Staff Comments Off on Putin’s Latest Thoughts On Greece And A Greek Exit From The Euro
Putin’s Latest Thoughts On Greece And A Greek Exit From The Euro
Earlier today we showed one, less than official, interpretation of what may be going on in the Kremlin at this moment.
11 July, 2015 by The TZ Newswire Staff Comments Off on Meanwhile In Washington…
Meanwhile In Washington…
18’s not enough. Press pool told Pres Obama playing another 9 at Caves Valley.
— Mark Knoller (@markknoller) July 11, 2015
11 July, 2015 by The TZ Newswire Staff Comments Off on Economic Sanctions Cause War, Not Peace: Some Lessons From FDR’s Embargo Against Japan
Economic Sanctions Cause War, Not Peace: Some Lessons From FDR’s Embargo Against Japan
11 July, 2015 by The TZ Newswire Staff Comments Off on Meanwhile, In The Kremlin…
Meanwhile, In The Kremlin…
11 July, 2015 by The TZ Newswire Staff Comments Off on Baltimore’s mayor grapples with crime and police
Baltimore’s mayor grapples with crime and police
Surging crime has forced Baltimore’s mayor to fight a war on two fronts, The New York Times reports
11 July, 2015 by The TZ Newswire Staff Comments Off on Eurogroup Meeting Ends Without Agreement: "Huge Problems", "Issue Of Greek Trust Very Difficult"
Eurogroup Meeting Ends Without Agreement: "Huge Problems", "Issue Of Greek Trust Very Difficult"
Equity markets roared higher Thursday and Friday as they ‘knew’ a deal was imminent in Greece because Tsipras appeared to backpedal. However, after someone told Merkel the truth, and “everyone knows you can’t believe” the Greeks, The Eurorgoup Meeting ends with zero agreement after 9 hours of rumor-mongering and escalating tensions.