Tag Archives: economy

Russia Says It’s Ready for Disconnection from SWIFT

Will blockchain be adopted as alternative?

Vusala Abbasova
Caspian News

April 30, 2021

As Brussels is tightening the screws on Russia by threatening to shut the country off from one of the quickest and safest ways to receive and send money via electronic bank transfers, Moscow is getting ready for any eventuality in case of a shutdown.

Andrey Krutskikh, Russian Special Presidential Envoy for International Cyber Security Cooperation, voiced Moscow’s readiness to respond if Russia is disconnected from the SWIFT global payment network. However, according to him, threats to disconnect Russia from the SWIFT system are unlikely to be realized.

The Russian foreign affairs ministry is reportedly considering blockchain technology as an alternative to SWIFT, the global payments network. The country’s leaders have recently voiced concerns that they might be cut off from SWIFT, prompting them to search for different options.
Continue reading Russia Says It’s Ready for Disconnection from SWIFT

LBMA Acknowledges “Buying Frenzy” In Silver Market And Silver Shortage Fears

Ronan Manly
Via Zerohedge

April 15, 2021

The London Bullion Market Association (LBMA) has just published a new report titled “Silver Investment 2021: Report” which looks at recent developments in the investment silver sector.

While it’s not clear who actually wrote the report, as no author is specified, the LBMA states that it “acknowledges Metals Focus’ contribution to this report” so we can assume Metals Focus actually wrote it or was heavily involved. Metals Focusis a precious metals consultancy based in London, which also at times, writes the Silver Institute’s annual World Silver Survey.

Continue reading LBMA Acknowledges “Buying Frenzy” In Silver Market And Silver Shortage Fears

The National Debt is $85,210 Per Person

GenZConservative
April 7, 2021

One of my earliest articles on this site was on the danger of our rapidly skyrocketing national debt. What was once perceived as, at best, a necessary evil that should be limited to whatever extent possible has, since the Vietnam War, become and immense burden of truly unimaginable proportions. How gargantuan? Well, the national debt is now $85,210 per person. 

Continue reading The National Debt is $85,210 Per Person

Schumer: Canceling $50k student debt ‘makes sense’ even if it doesn’t help those who paid off loans

Nicholas Ballasy
Just the News

March 15, 2021

Senate Majority Leader Chuck Schumer says that canceling $50,000 of student loan debt “makes sense” even if it won’t apply to borrowers who recently paid off their loans instead of buying their first home or using that money elsewhere. 

Continue reading Schumer: Canceling $50k student debt ‘makes sense’ even if it doesn’t help those who paid off loans

Price of EVERYTHING Skyrocketing as Dollar Becomes Worthless! Inflation Mayhem

The Money GPS
March 14, 2021

Inflation is coming has been the signal sent from bond markets. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. Stimulus driving markets higher.

Cruz says stimulus bill rebates will go to illegal immigrants after Dems shot down his amendment

Nicholas Ballasy
Just the News

March 9, 2021

Senate Democrats rejected an amendment to the $1.9 trillion stimulus bill that Texas Republican Sen. Ted Cruz says now paves the way for illegal immigrants to receive $1,400 stimulus rebates.

Continue reading Cruz says stimulus bill rebates will go to illegal immigrants after Dems shot down his amendment

Texas Will Not Reverse $16 Billion Power Overcharges During Freeze

Charles Kennedy
Oil Price

March 8, 2021

The Public Utility Commission of Texas has rejected a proposal to retroactively reverse the market pricing for electricity that resulted in ERCOT overcharging the Texas electricity market by US$16 billion during the Texas Freeze in February.  

Continue reading Texas Will Not Reverse $16 Billion Power Overcharges During Freeze

Cancel Culture’s Antecedents: Original History of Federal Reserve Ordered Burned … in 1961!

Via David Martin
March 4, 2021

From the foreword of The Secrets of the Federal Reserve, by Eustace Mullins, published in 1952:

Even though my foundation applications were sponsored by the three leading poets of America, Ezra Pound, E.E. Cummings, and Elizabeth Bishop, all of the foundations refused to sponsor this research.  I then wrote up my findings to date, and in 1950 began efforts to market this manuscript in New York.  Eighteen publishers turned it down without comment, but the nineteenth, Devin Garrity, president of the Devin Adair Publishing Company, gave me some friendly advice in his office.  “I like your book, but we can’t print it,” he told me.  “Neither can anybody else in New York.  Why don’t you bring in a prospectus for your novel, and I think we can give you an advance.  You may as well forget about getting the Federal Reserve book published.  I doubt if it could ever be printed.”

Continue reading Cancel Culture’s Antecedents: Original History of Federal Reserve Ordered Burned … in 1961!

Warren Introduces Wealth Tax Bill; New York Mandates Strict Wedding Reception Rules

NTD Business Report
March 2, 2021

NTD Business News- 3/2/2021
1. Sen. Warren Introduces Wealth Tax Legislation
2. Biden Meets w/ Senate Democrats on Relief Bill
3. Professor: Americans Facing Inflation Risk
4. Target Sales Jumped Nearly 20% Last Year
5. Instacart Doubled Value Since Pandemic
6. New York Mandates Strict Wedding Reception Rules
7. Mississippi Wants to Get Rid of Income Tax
8. California City is 1st to Ban New Gas Stations
9. Volvo to Go All-Electric By 2030
10. British House Prices Hit Record High
11. German Brewers Forced to Throw Away Beer
12. Chauffeur Service to Challenge Uber, Lyft
13. New Covid Vaccine Scam Warning

Legal team wants ‘second Nuremberg tribunal’ to try global lockdown promoters for crimes against humanity

Leo Hohmann
February 28, 2021

Should the technocrats who pushed governments to lockdown their citizens be tried for crimes against humanity?

One prominent German lawyer, who is also licensed to practice law in America, thinks they should. And he is organizing a team of thousands of participating lawyers who want to prosecute a “second Nuremberg tribunal” against a cadre of international elites responsible for what he calls the “corona fraud scandal.”

Continue reading Legal team wants ‘second Nuremberg tribunal’ to try global lockdown promoters for crimes against humanity