Category Archives: Economy
European banks are technically bankrupt Youtube.com – Max Keiser – Jul 13, 2012 Most people assume that a bank takes in a deposit, and then they loan that deposit out, and this creates liquidity in the system. That’s false. In … more
The price of gold has been manipulated. This is more scandalous than Libor The Telegraph – THOMAS PASCOE – Fri, Jul 13, 2012 If gold has been manipulated downwards and if that process continues, then all recourse to a store … more
It’s Not Libor Stupid, Central Banks Are The Problem Forbes – SHAH GILANI – Jul 6, 2012 Not only are at least twenty more big banks under investigation as part of a massive fraud to manipulate interbank lending rates that … more
Got Milk? You Don’t Need It Opinionator, The New York Times – MARK BITTMAN – Jul 7, 2012 Today the Department of Agriculture’s recommendation for dairy is a mere three cups daily — still 1½ pounds by weight — for … more
The Best Reason in the World to Buy Gold Forbes – GORDON G. CHANG – Apr 22, 2012 Beijing is planning to avoid U.S. financial sanctions on Iran by paying for oil with gold. China’s imports of the metal are … more
In Nothing We Trust National Journal – RON FOURNIER – Apr 21, 2012 Muncie is a microcosm of a nation whose motto could be, “In Nothing We Trust.” Seven in 10 Americans believe that the country is on the wrong … more
Financiers and Sex Trafficking New York Times – NICHOLAS D. KRISTOF – Mar 31, 2012 THE biggest forum for sex trafficking of under-age girls in the United States appears to be a Web site called Backpage.com.
Where does Mega Millions money go after the jackpot? CBS News – ARMEN KETEYLAN – Mar 30, 2012 In 2011, more Americans played the lottery than regularly attended church, bringing in $56 billion last year alone.
Jewellers say non-branded gold to cost more Zee News – Mar 19, 2012 In the 2012-13 Budget, the government proposed to levy 1 percent excise duty on non-branded gold jewellery too besides doubling import duty on gold to 4 percent.