Truly . Weird . Stuff

Money powers everything.


“China will absolutely not experience a hard landing,” predicted by the likes of George Soros as policy makers still have enough tools to maintain reasonable growth, the country’s top economic
How to protect yourself from destructive governments.
The global economy resembles that of the 1930s Great Depression era in several ominous ways, writes John Coumarianos.
Goldman Sachs’ cozy relationship with the Malaysian government is coming back to haunt the firm and one of its regional chairmen. The fallout from the widening scandal hitting the white-shoe invest…
Four families are suing the British banking giant for allegedly allowing the gangs to launder billions, providing ‘systematic material support to the cartels’
Stock indexes worldwide stumbled on Thursday on fears over the health of the global economy, with banking shares slumping on both sides of the Atlantic, while safe-haven 10-year Treasury yields hit their lowest since 2012.
Japanese shares have fallen 2.3% on Wednesday as the Bank of Japan’s recent decision to force interest rates below zero is seen as having little impact
An unsettling trend has emerged from the heavy selling that sent global markets tumbling this year: Investors are getting nervous about the world’s biggest banks.
Hackers used malware to penetrate the defenses of a Russian regional bank and move the ruble-dollar rate more than 15 percent in minutes, according to a Moscow-based cyber-security firm hired to investigate the attack.
European banks have been caught in a perfect storm of market turmoil, lately.

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