Central banks blockchain trials
• https://www.nextbigfuture.com, brian wangThe central Bank of Papua New Guinea is running blockchain trials.
Contents Pages by Subject
Central Banks/Banking
Wells Fargo Boosts Fake-Account Estimate 67% to 3.5 Million
• bloomberg.com By Laura J KellerBank says it will pay $10.7 million in customer compensation Review finds 528,000 questionable online bill-pay enrollments
19 European Countries Now Have Negative Interest Rates
• http://www.zerohedge.com, Tyler DurdenThe Jackson Hole monetary conference had no sooner ended than one more European country was added to the scroll of countries with negative 2 year sovereign yields...
Bank of America; "This Could Get Ugly, We Think"
• http://www.zerohedge.com, by Tyler DurdenInstead of finding new and creative ways of BTFD, overnight the BofA credit team did something so few finance professionals bother with these days: they looked at fundamental data to reach a conclusion that is independent of how much AAPL stock the S
Russian Central Bank Bails Out Otkritie Bank, Country's Largest Private Lender
• http://www.zerohedge.com, by Tyler DurdenIt's been a while since the world had any bank solvency concerns; in fact, ever since the thrice botched bail out of Monte Paschi and the debacle that was Banco Popular, it has been largely smooth sailing.
Ilargi Meijer: Jackson Hole's Deluded Groupthink Confirms "A Gigantic Financial Crisis Is C
• http://www.zerohedge.com, by Tyler DurdenThe Jackson Hole gathering of central bankers and other economics big shots is over. They all still like themselves very much.
Obama Policy That Encourages Banking Discrimination Is Finally Ending
• https://fee.orgTrump has been President for more than 200 days and those of us who want more economic liberty don't have many reasons to be happy.
El-Erian Warns Vexed Central Bankers "The Lowflation Demon Is Real"
• zerohedge.com by Mohamed El-ErianPersistently low inflation, or "lowflation," is vexing lots of people.
Mortgage rates resume free fall as 'uncertainty' swirls
• http://www.marketwatch.com, By Andrea RiquierRates for home loans fell to a seven-week low as ongoing economic uncertainty kept a tight lid on bond yields, mortgage provider Freddie Mac said Thursday.
Harvard Professor Kenneth Rogoff Drives Technocrat Plan To Kill Cash
• technocracy.news By Raúl Ilargi MeijeKen Rogoff concludes that after cash has been stripped out of society, negative interest rates can give every saver a proper 'haircut' by charging him to keep money in the bank. But, you can't take it out when cash is gone. Technocrats will rej
China's debt on a 'dangerous trajectory': IMF
• yahoo.com By AFPChina's massive debt is on a "dangerous" path, raising the risk of a sharp slowdown in growth, the IMF warned on Tuesday, urging Beijing to speed up structural reforms.
Say Goodbye to Your Safe Deposit Box
• https://www.lewrockwell.com, By Jeff ThomasIn 2013, the banks of Cyprus confiscated the deposits of many of their clients.
Say Goodbye to Your Safe Deposit Box
• https://www.lewrockwell.comIn 2013, the banks of Cyprus confiscated the deposits of many of their clients. There was no warning, and there was little in the way of explanation, except to say that it was "necessary," as the banks had been mismanaged to the point that, unles
The Banks Are Preparing to Steal All of Your Money- Another ...
• http://www.thecommonsenseshow.comWells Fargo Crime-Homeowners You Are at Risk! I have no doubt that when I look at banking actions over the past three years, they are clearly posturing to take every financial asset you own, but not everyone agrees as evidenced by this email.
There's a New Wells Fargo Scandal: This Time It's the TruCoat
• theintercept.com by David Dayen, Ryan GrimBeginning in at least in 2009, Wells Fargo teamed up with a home warranty firm to foist a product on unsuspecting mortgage customers, according to a new investigation bubbling up in the Wall Street trade press.
IMF Proposes Central Bank Digital Currencies To Crush Cryptocurrencies
• https://www.technocracy.news, Richard KasteleinA day of reckoning is approaching for rogue forms of money like digital blockchain currencies, when they run head into the global banking cartel. While the Bitcoins of the world are proving a point, global Technocrats have no intention of releasing t
Central Banks Are Hiding The True Price Of Risk
• zerohedge.com by Thorstein PolleitIf you invest your money, you will have to deal with numerous risks.
Wells Chairman Out Following "Unbelievable, Outrageous" Scandal
• zerohedge.com by Tyler DurdenTwo weeks after the latest consumer scandal involving Warren Buffett's favorite bank, Wells Fargo, broke when the NYT reported that as many as 800,000 people who took out car loans from Wells were also charged for auto insurance they did not need...
Final Currency Debasement to Zero Has Started
• lewrockwell.com by Egon von GreyerzFake money has created a totally uneven playing field for most ordinary people.
"Mystery" Central Bank Buyer Revealed: SNB Now Owns A Record $84 Billion In US Stocks
• zerohedge.com by Tyler DurdenIn the second quarter of the year, one in which unlike in Q1 fund flows showed a persistent and perplexing outflow from US stocks and into European and Emerging Markets, ...
CIA 'torture' psychologists to stand trial
• https://www.yahoo.com, Paul HANDLEYTwo psychologists who helped design the CIA's post-9/11 detainee interrogation program will stand trial in September for promoting the use of torture methods like water-boarding, starvation and chaining prisoners in extreme stress positions.
Financial Presstitutes Cover Up for the Big Banks
• http://www.paulcraigroberts.org, Paul Craig RobertThe big New York banks no longer perform the banking function of lending to consumers and businesses.
The Most Important Chart For Stocks
• http://www.zerohedge.com, by Tyler DurdenWe have previously shown the chart below on countless occasions, so we are content to see that increasingly more banks are showcasing it as the biggest potential threat to the future of the market's artificial levitation. Here is BofA's Martin Mauro
The Long, Unwinding Road Of Quantitative Easing
• http://www.zerohedge.com, by Mark BurgessQuantitative easing has served as a life raft for many of the world's economies. Now central banks face the prospect of moving on, but the question is: how?
Pepe Escobar: BRICS are Holding it Together
• russia-insider.com by Pepe EscobarThe trade ministers of the five BRICS nations (Brazil, Russia, India, China and South Africa) met this week in Shanghai, ahead of the annual summit of heads of state in Xiamen next month.
"What Could Possibly Go Wrong?" - Two Banks Answer
• http://www.zerohedge.comWith much of the investing world preparing to take the next two weeks off for vacation right after Friday's payrolls number hits, one question being thrown around by traders is "what could possibly go wrong" in the immediate future? Answering this
Goldman Issues First Warning On Q3 Results
• http://www.zerohedge.com, by Tyler DurdenRemember what Goldman said when it reported atrocious earnings two weeks ago, when it revealed that FICC revenues plunged by 40%? Here is a reminder:
It's Your Money But You Can't Have It...
• http://thefreethoughtproject.com, By Claire BernisIt's Your Money But You Can't Have It: EU Proposes Freezing Bank Accounts to Bailout Megabanks
EU Deposit Insurance, a Bank Crisis in Italy and Greece, and the Coming Ban on Cash
• https://mishtalk.comLast week we investigated nonperforming EU loans and an EU proposal to freeze accounts if a run on a bank starts.
"This Is A Full-Blown Scandal: It's Unbelievable, Outrageous"
• zerohedge.com by Tyler Durden- Comptroller Demands Heads Roll At Wells
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