The Financial Tsunami Part 4: Asset Securitization – The Last Tango

Part 4 of William Engdahl’s series: Endgame: Unregulated Private Money Creation What had emerged going into the new millennium after the 1999 repeal of Glass-Steagall was an awesome transformation of American credit markets into what was soon to become the world’s greatest unregulated private money creation machine. The New Finance was built on an incestuous, […]

The Financial Tsunami Part 3: Greenspan’s Grand Design

Here is part 3: The Long-Term Greenspan Agenda Seven years of Volcker monetary “shock therapy” had ignited a payments crisis across the Third World. Billions of dollars in recycled petrodollar debts loaned by major New York and London banks to finance oil imports after the oil price rises of the 1970’s, suddenly became non-payable. The […]

The Financial Tsunami, Part 1: Sub-Prime Mortgage Debt is but the Tip of the Iceberg

For most people business cycles are sort of an excepted event. In New Zealand people are saying oh well, she’ll be right in a couple of years and we’ll be sweet. I thought I’d start re-linking to a series of excellent article from William Engdahl about what he termed the financial Tsunami. Here is article […]

Russia Gets Very Serious on “De-dollarizing”. The Russia-China “Silk Road” Strategy

By F. William Engdahl (Always an interesting read) Russia is about to take another major step towards liberating the Ruble from the Dollar System. Its Finance Ministry just revealed it is considering issuing Russian state debt in Chinese Yuan. That would be an elegant way to decouple from the dependence and blackmail pressures from the […]

William Engdahl Interview. Great Backgrounder On The Ukraine

William Engdahl is one of the most erudite Geopolitical analysts alive to day and this interview is a great backgrounder on what is happening in Ukraine. Well worth listening. You might want to start reading up on his excellent series called the Financial Tsunami about the global reach of the Banking cartel for more information.

“Not even Jesus could reverse the decline in the US”

According to economist and writer William Engdahl we are living through an event which occurs once every 500 years or so. The event? A total collapse of an empire, the US empire to be precise of which we are a part whether you like it or not. He reckons not even Jesus could resurrect the […]

Derivatives and John Key: How John Key made his money and why he is not a good candidate 3

When a banker speaks he lies: In the run up to a series of articles about John Key and the Derivatives trade he was involved in I repost this wonderful series of W. Engdahl about the Wall street banking world John Key made his money in. Part III of the financial Tsunami The Long-Term Greenspan […]