The most effective way to reintroduce the drachma would be for the government to revert to the traditional method of issuing …
Financial Crisis, Global Situation
Mike Haywood's Banking Crisis Digest
We are bringing you Mike Haywood's Independent Weekly Compilation of the Best Internet Articles and Blogs Relating to Global Banking …
How QE Delivered a Triple-Whammy of Profits to the Banks
The global quantitative easing (QE) programme has fuelled a commodities boom that has delivered banks a triple-whammy of profit …
Greece – All Solutions Make it Worse?
Most of the talk in the news these days is about Greece: "Greece gripped by general strike over austerity package; Greece could run out of …
Another Financial Crisis ‘Around The Corner’
Mark Mobius, executive chairman of Templeton Asset Management’s emerging markets group, said another financial crisis is inevitable because …
HBOS Whistleblower Paul Moore Forecasts Second Banking Crash
Paul Moore was the former head of regulatory risk at HBOS, who in 2005 approached the company’s executives and warned them repeatedly that …
USA Reaches Its Debt Limit
The U.S. government hit its $14.3 trillion debt limit Monday 16th May. Running up debt at the rate of roughly $2 million every single …
World Bank: Food prices have entered the 'danger zone'
Rising food prices could "condemn a generation to extreme poverty and malnutrition", according to the Daily Telegraph on 14th …
A short endorsement from Herman Daly for Full Reserve Banking
In an upcoming feature length documentary by Mike Freedman, "Critical Mass", American ecological economist Herman Daly, founding member of …