Financial crisis

Bernanke’s « Syrian Moment »
Published by Fabrice Drouin Ristori | Sep 29, 2013 | Articles

Fed Chairman Ben Bernanke’s decision to go ahead with unabated quantitative easing (QE) seems to have taken many by surprise. To such an extent that, from now on, the major market participants are saying they have totally lost faith in Ben Bernanke. True, Ben Bernanke has been saying constantly, for the last four years, he would first taper and then end his QE plans, and then, at each FOMC meeting, he has been saying the opposite. The Fed has printed over $3Trillion since 2007.

Read this article


A World Based on Debt, Europe a Hopeless Case, US Debt Will Sink the World
Published by Egon Von Greyerz | Sep 11, 2013 | Articles

We are now back to the “green shoots” era of false hope and total misunderstanding of the real state of the world economy. There are minor tidbits of good news that combined with manipulated and seasonally adjusted economic figures are giving politicians worldwide reason for spreading their optimistic gospel of recovery that has nothing to do with reality.

Read this article


Schizophrenia
Published by Philippe Herlin | Aug 8, 2013 | Articles

There is no recovery. But, since the mainstream media and the governments keep repeating it over and over again and since we prefer believing good news than bad news, a majority of people believe in this so-called recovery. This is why the stock market is up and gold is down.

Read this article