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Finance


23 hours ago (via zerohedge.com)
In what appears to be an effort to ensure that James Franco and Seth Rogen are never again sabotaged by evil North Korean hackers, the Pentagon is out with a new plan that explains when it may be necessary to take the cyber fight to the “aggressors” in order to “mitigate potential cyberrisk to the US homeland.” Unsurprisingly, the list of cyber adversaries is indistinguishable from wh

23 hours ago (via zerohedge.com)
Submitted by Jeff Thomas via Doug Casey's International Man blog,?Historically, when a nation’s debt exceeds its ability to repay even the interest, it can be assumed that the currency will collapse. Typically, governments exacerbate the situation by printing large amounts of currency notes in an effort to inflate the problem away, or at least postpone it. The greater the level of d

23 hours ago (via zerohedge.com)
Not even a nuclear volley between the US and the USSR could have stopped the Cold War-era Fed from operating. That’s because nestled in the hills of Culpeper, Virginia was a 135,000 square foot bunker that housed some $4 billion in hard currency as well as the central hub of FedWire, the computer network which allows the nation’s banks to communicate and transfer funds. Constructed in 196

23 hours ago (via zerohedge.com)
Authored by Paul Craig Roberts,US Representative Ed Royce (R, CA) is busy at work destroying the possibility of truth being spoken in the US. On April 15 at a hearing before the House Committee on Foreign Affairs of which Royce is chairman, Royce made use of two minor presstitutes to help him redefine all who take exception to Washington’s lies as “threats” who belong to a derang

23 hours ago (via zerohedge.com)
We’ve written quite a bit over the years about the many unintended consequences of unbridled money printing. In fact, it was just last month that we asked the following question which, on the surface, comes across as counterintuitive: “Are Central Banks Creating Deflation?” The premise is simple. By keeping rates artificially suppressed, the central banks of the world effectively make i

23 hours ago (via zerohedge.com)
Stunned hypocrisy...  Source: @ianbremmer

23 hours ago (via zerohedge.com)
Submitted by Pater Tenebrarum via Acting-Man blog,Banks Increasingly Refuse Cash Withdrawals – Switzerland Joins the FunThe war on cash is proliferating globally. It appears that the private members of the world’s banking cartels are increasingly joining the fun, even if it means trampling on the rights of their customers.Yesterday we came across an article at Zerohedge, in which Dr. S

23 hours ago (via zerohedge.com)
When it comes to the topic of Greece, most pundits focus on two items: i) when will Greece finally run out of confiscated cash, and ii) will Greece fold to the Troika (and agree to another bailout(s) with even more austerity) or to Russia (and agree to the passage of the Russian Turkish Stream pipeline, potentially exiting NATO and becoming the most important European satellite of the USSR 2.0) on

23 hours ago (via zerohedge.com)
Submitted by Alasdair Macleod via GoldMoney.com,Last Monday there was a meeting in Washington hosted by the Official Monetary and Financial Institutions Forum (OMFIF) to discuss the future relationship, if any, of gold with the Special Drawing Rights (SDR).Also on the agenda was the inclusion of the Chinese renminbi, which seems certain to be included in the SDR basket in this year's revision, ass

23 hours ago (via zerohedge.com)
It has been a very disturbing 24 hours for Greece.It all started during yesterday's surprisingly short, just one hour long Eurozone finmin meeting in Riga, where Yanis Varoufakis not only got the most "hostile" reception yet being called "a time-waster, gambler, and amateur", but for the first time one minister openly said that maybe it was time governments prepared for the plan B of a Greek defa




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