Posts tonen met het label global economy. Alle posts tonen
Posts tonen met het label global economy. Alle posts tonen

maandag 2 september 2013

Hungary Tells Banksters To Get The F*&%^ Out Of Their Country And Take The IMF With You (Videos)



 
More countries need to follow suit here. Get the IMF out of every thing and send it on its destructive way. The global economy is going down in flames and seeing any country telling these banksters to piss off is truly inspiring! This is the first step to economic freedom for Hungary.

 Hungary is making history of the firstorder. Not since the 1930s in Germanyhas a major European country dared toescape from the clutches of the Rothschild-controlled international banking cartels. Thisis stupendous news that should encourage nationalistpatriots worldwide to increase the fight for freedom from financial tyranny.

Already in 2011, Hungarian Prime Minister Viktor Orbán promised to serve justice on his socialistpredecessors, who sold the nation’s people into unending debt slavery under the lash of the InternationalMonetary Fund (IMF) and the terrorist stateof Israel. Those earlier administrations were riddled with Israelis in high places, to the fury of themasses, who finally elected Orbán’s Fidesz party inresponse.
 
According to a report on the German-language website “National Journal,” Orbán has now movedto unseat the usurers from their throne. The popular, nationalistic prime minister told the IMF that Hungary neither wants nor needs further “assistance”from that proxy of the Rothschild-ownedFederal Reserve Bank. No longer will Hungarians be forced to pay usurious interest to private, unaccountablecentral bankers.
 
Instead, the Hungarian government has assumedsovereignty over its own currency and now issuesmoney debt free, as it is needed. The results havebeen nothing short of remarkable. The nation’s economy, formerly staggering under deep indebtedness,has recovered rapidly and by means notseen since National Socialist Germany.
The Hungarian Economic Ministry announced
 that it has, thanks to a “disciplined budget policy,”repaid on August 12, 2013, the remaining €2.2B owed to the IMF—well before the March 2014 due date. Orbán declared: “Hungary enjoys the trustof investors,” by which is not meant the IMF, the Fed or any other tentacle of the Rothschild financialempire. Rather, he was referring to investorswho produce something in Hungary for Hungarians and cause true economic growth. This is not the“paper prosperity” of plutocratic pirates, but thesort of production that actually employs people and improves their lives.
 
With Hungary now free from the shackles of servitudeto debt slavers, it is no wonder that the presidentof the Hungarian central bank, operated by thegovernment for the public welfare and not private enrichment, has demanded that the IMF close its officesin that ancient European land. In addition, the state attorney general, echoing Iceland’s efforts, hasbrought charges against the last three previous primeministers because of the criminal amount of debtinto which they plunged the nation.
 
The only step remaining, which would completelydestroy the power of the banksters in Hungary, is forthat country to implement a barter system for foreign exchange, as existed in Germany under the NationalSocialists and exists today in the Brazil,Russia, India, China and South Africa, or BRICS, international economic coalition. And if the UnitedStates would follow the lead of Hungary, Americanscould be freed from the usurers’ tyranny and likewise hope for a return to peaceful prosperity.
 

zaterdag 27 juli 2013

Collapse Deutsche bank?

My Geneva fund contact: Deutsche Bank is officially on suicide watch. DB will be the next ‘Lehman’ moment that triggers new collapse..
https://twitter.com/maxkeiser/status/360017521753075713
Deutsche Bank Opaque Loans From Brazil to Italy Hide Risk
http://www.bloomberg.com/news/2013-07-11/deutsche-bank-opaque-loans-from-brazil-to-italy-hide-risk.html
Deutsche Bank’s Accounting Raises Questions
….In other words, these ‘secured’ loans are not really secured, unless one considers what is effectively a short position on the bonds that were provided as collateral to represent adequate security. In addition, DB apparently ‘spiced’ the deals up by writing credit default swaps, exposing it to even more credit risk.
As Bloomberg further reports, this isn’t the first time DB has obscured its true financial position by means of accounting practices that are not necessarily illegal, but certainly raise questions about how to properly evaluate the risks the bank is exposed to.
Meanwhile, the banks that have received the loans in question were able to continue to report ownership of the bonds DB has sold, allowing them to misrepresent their own financial health as well…..
….
http://seekingalpha.com/article/1549752-hidden-risks-at-german-banks?source=google_news
Banking insider: Deutsche Bank in danger zone and will go belly up
Deutsche Bank. Big bank. Biggest bank in Germany, and one of the biggest banks in the Euro Zone… they’re going to go belly up. Watch it. Watch it, I said it, it’s going to happen.
They are in such a danger zone, they don’t know what to do. Deutsche Bank’s derivative debt is greater than the global economy. That is one bank. $72 trillion in derivative exposure. The entire global economy, all the countries in the world is only $66 trillion GDP.
http://www.examiner.com/article/banking-insider-deutsche-bank-danger-zone-and-will-go-belly-up
JIM WILLIE: BREAKDOWN SIGNALS: CONTAGION LOOMS!
http://news.goldseek.com/GoldenJackass/1373582161.php
WE’RE ALWAYS ON THE VERGE OF ANOTHER FINANCIAL CRISIS: 3 MAJOR BANKS ARE UNDER CONSTANT THREAT OF FAILURE OVERNIGHT, EVERY NIGHT
Exclusive: Deutsche Bank ‘horribly undercapitalized’ – U.S. regulator!!!
Moments ago the market jeered the announcement of DB’s 10% equity dilution, promptly followed by cheering its early earnings announcement which was a “beat” on the topline, despite some weakness in sales and trading and an increase in bad debt provisions (which at €354MM on total loans of €399.9 BN net of a tiny €4.863 BN in loan loss allowance will have to go higher. Much higher). Ironically both events are complete noise in the grand scheme of things. Because something far more interesting can be found on page 87 of the company’s 2012 financial report.
The thing in question is the company’s self-reported total gross notional derivative exposure.
And while the vast majority of readers may be left with the impression that JPMorgan’s mindboggling $69.5 trillion in gross notional derivative exposure as of Q4 2012 may be the largest in the world, they would be surprised to learn that that is not the case. In fact, the bank with the single largest derivative exposure is not located in the US at all, but in the heart of Europe, and its name, as some may have guessed by now, is Deutsche Bank.
The amount in question? €55,605,039,000,000. Which, converted into USD at the current EURUSD exchange rate amounts to $72,842,601,090,000…. Or roughly $2 trillion more than JPMorgan’s.
http://www.zerohedge.com/news/2013-04-29/728-trillion-presenting-bank-biggest-derivative-exposure-world-hint-not-jpmorgan
Read more: http://investmentwatchblog.com/deutsche-bank-lines-up-to-be-the-next-lehman-in-the-next-big-financial-crisis-the-bank-is-horribly-undercapitalized-hiding-risk-to-investors-downgraded-by-sp/