Tag Archives: shadow banking

China – The Greatest Ponzi Scheme in History?

A friendly commentary and analysis from China-based “doublewood” in reaction to James Rickards’ most recent Daily Reckoning piece entitled, “The Greatest Ponzi Scheme in History.” Certainly, some things to consider… Shadow-Banking Worldwide The situation depicted by Rickards is nothing new. Last month, RMB 30 billion of fake wealth management products (WMP)came to light, which brought up […]

big banks usa

Awakening 2013: Curtain Coming Down On Criminal Banks?

As it becomes clearer and clearer that mafia-like activity is ubiquitous at the top of all the big banks, the media is increasingly forced to report. As economic conditions continue to stagnate or begin to worsen this year, we’ll see more financial crimes bubble to the surface and a public increasingly aware of who is […]

Liberty Blitzkrieg

The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. - Albert Camus

Hidden Forces

"It is dangerous to be right in matters on which the established authorities are wrong." - Voltaire

aceloewgold

"It is dangerous to be right in matters on which the established authorities are wrong." - Voltaire

Touch Stone Connect

News & Views (Independent Media!) ****************************REMINDER***************************** Please Donate - There are NO Subscription Fees and NO Advertisements Free and Independent Media Under NO Politician's or Business's Control