Tags » Global Economy
As it appears, monetary policy of quantitative easing, which in practical terms mean printing new money, implemented by the Federal Reserve bank since the economic crisis in the US, and more recently by the ECB in the Eurozone, did not bring economic catastrophes as some predicted. 866 more words
Posted on July 2, 2015 by Joseph P. Farrell •
Most regular readers here know that I and others have for some time been predicting that the BRICSA bloc, if they are to make their bi-lateral currency and trade agreements, bypassing the dollar, stick, and if they are to make their development banks truly be alternative competition for the financial instutions of the west such as the IMF and World Bank, then they will have to develop their own alternatives to yet another western financial institution: SWIFT, the Society for Worldwide Interbank Financial Transfer. 485 more words
Bank Of England Warns Greece "Threatens To Trigger Market Selloff That Could Ripple Through The Global Economy"
When it comes to Europe, Greece lost the blame game, and just like the Ukraine civil war last year, became an unwitting catalyst greenlighting Germany’s concession to ECB QE, this time it may be Greece that launches the next step in the ECB’s master plan: not just QE but more QE. 54 more words