Goodbye, IMF. Hello, AIIB. China prepares her global checkmate.
China is rapidly advancing towards her ultimate goal of controlling the world’s reserve currency. China has announced a $100 billion competitor to the World Bank, IMF and ADB, which it will call the...
View ArticleDid the “central banks’ central bank” just call for a stock-market collapse?
Don’t look now, but the Bank for International Settlements (BIS), which is often referred to as the “central banks’ central bank”, just advised the world’s central banks to stage a market collapse now...
View ArticleThe Fed admits it doesn’t understand how to deal with bubbles!
The Dow is now above 17,000 and everyone seems to be asking the obvious question: Is it a bubble? It might be surprising to hear that the chairwoman of the Federal Reserve thinks bubbles aren’t within...
View ArticleIMF admits that central bank policies aren’t working
Speaking at the World Economic Forum, “our girl” (Tim Geithner’s term) Christine Lagarde announced to a largely unsurprised audience that stimulus measures weren’t actually doing much of … well,...
View ArticleIs the Fed going to attempt a controlled collapse?
As most Fed watchers know, last week was interesting because Janet Yellen, speaking at IMF came out and said something quite surprising. In a nutshell, she said “It’s not the Fed’s job to pop...
View ArticleLagarde: The Fed should wait until 2016, even if there’s a risk of...
This has been a bad week for anyone hoping for a June hike… or even a 2015 hike. The week started out with Fed governor Lael Brainard introducing a new condition by which the Fed would gauge...
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