Financial crisis





It's 1790 All Over Again

Published by Goldbroker ™ | Mar 28, 2016

The conceit of the majority of the members of the National Assembly in France in 1790 led to the total prostration of the economy of France in the course of seven years. The conceited Central Bankers of today will without a doubt achieve a world sunk in economic prostration. But don't expect any one...

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Gold and the Minsky Moment

Published by Dan Popescu | Mar 21, 2016

The debt crisis is a direct consequence of exiling gold from the international monetary system. It cannot be replaced by the dollar or any other irredeemable currency. Under the dollar system debt simply cannot be extinguished.

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