The IMF Global Stability Report suggests that banks might be €200-€300 billion down as a result of the Eurozone crisis, according to …
In the News
US Congressman Kucinich Has Introduced the NEED Act
On Wednesday 21st September Congressman Dennis Kucinich took a crucial and heroic step to resolve US growing financial crisis and …
Bill Still on Max Keiser Show
Watch an excellent tour de force by Bill Still - monetary reformer, bestselling author of award winning documentary The Money …
Monetary Reform in US Congress
A remarkable speech was given by U.S. Congressman Dennis Kucinich last week in Congress. He gave an historically important talk on monetary …
Independent Commission on Banking: Final Report
The Independent Commission on Banking released their final report this morning. Our analysis is below. Imagine that the government …
£45bn Subsidy for Too-Big-To-Fail Banks
According to The Independent, 8th September 2011: Britain's biggest banks benefited from an implicit subsidy worth nearly £45bn last year …
Vince Cable: Disingenuous Bankers Are Trying to Derail Reforms
Vince Cable has accused bankers of using the economic turmoil in Europe to try to derail reform of the financial sector, according to …
The Banks Still Won't Lend Enough to Small Businesses
The banks – even those all but owned by us – still won't lend enough to small businesses. They must be forced to do so, according to …
A Reality We Wouldn't Want to Live in
This article published in The Automatic Earth, 22nd August 2011 is quite long, but well worth reading, here is a short extract: It's a thin …