How Blockchain is consolidating Financial Services

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[KR982] Keiser Report: J is for Junk Economics

We discuss friends of Bill (Clinton) and the remarkable fortunes they’ve made landing lucrative aid contracts. In the second half, Max interviews Dr. Michael Hudson about his new book, J is for Junk Economics and about the US presidential candidates’ economic plans.

Podcast: Iceland: offshorisation, collapse and recovery. What are the lessons?

In the October 2016 Tax Justice Network podcast: we look at the offshorisation of Iceland’s economy, its collapse and recovery. What are the lessons? Also, Brazil adds Ireland to its tax haven black list and Panama threatens anyone who dares call it a tax haven with a new law…plus more scandal and unique analysis you won’t find anywhere else. Produced by Naomi Fowler for the Tax Justice Network and featuring Sigrun Davidsdottir, journalist, blogger and podcaster, journalist Ingólfur Sigfússon and John Christensen of the Tax Justice Network.

You can download this directly onto your mobile device. phone or tablet (‘right click and save link as’ here)

“Iceland didn’t do what Europe has been doing, lingering in a limbo and not really tackling the big issues, we can see that every so often the European banking sector is struggling now with Italian banks, with Deutsche bank and so on, and this is very much down to the fact the painful things have been avoided and I often say that Iceland shows that a quick stab is better than a lingering pain. Iceland took the quick stab, it was extremely painful at the time but at least things have and are being slowly cleared out and that makes a huge difference compared to the so many European countries where the lingering pain is still there.”

Sigrun Davidsdottir, journalist, blogger and podcaster. Read her Icelog

“Panama is not just a major secrecy jurisdiction, it is a politically delinquent secrecy jurisdiction…they are moving away from a democratic country where civil society can interact freely…to an increasingly autocratic model and Panama now deserves to have strong international sanctions imposed upon it to make sure it doesn’t proceed down this highly autocratic highly secretive, highly non-cooperative model because the only people who’ll benefit from that are the criminals”

John Christensen of the Tax Justice Network

The Taxcast is also available on iTunes

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Subscribe to our youtube channel or email naomi [at]

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In this Must Listen Exclusive Interview, Derivatives Expert Rob Kirby warns the system is headed toward Global Reset…

Click Here For Full Coverage From Rob Kirby:

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The Ruling Elite Has Lost the Consent of the Governed

Every ruling Elite needs the consent of the governed: even autocracies, dictatorships and corporatocracies ultimately rule with the consent, however grudging, of the governed.

The American ruling Elite has lost the consent of the governed. This reality is being masked by the mainstream media, mouthpiece of the ruling class, which is ceaselessly promoting two false narratives:

1. The “great divide” in American politics is between left and right, Democrat/Republican

2. The ruling Elite has delivered “prosperity” not just to the privileged few but to the unprivileged many they govern.

Both of these assertions are false. The Great Divide in America is between the ruling Elite and the governed that the Elite has stripmined.

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War On Cash to Benefit Gold, Silver and Asset Backed Blockchain Currencies?

Cashless Society – Risks Posed By The War On Cash
by Jan Skoyles, Editor Mark O’Byrne


Cash is the new “barbarous relic” according to many central banks, regulators, and some economists and there is a strong, concerted push for the ‘cashless society’.


Developments in recent days and weeks have highlighted the risks posed by the war on cash and the cashless society.

The Presidential campaign has been dominated for months and again this week by the power of information that has been gathered through unconventional means – whether due to email hacks, leaked microphone tapes or even late-night twitter rants.

Both presidential candidates have got things to say when it comes to the gathering of information and both are for it. Hillary Clinton sees a thin line between national security and your personal privacy. Donald Trump has openly said that he is open to mass surveillance and as he puts it, putting the country before personal liberty. Read full story…

Billionaire Hillary Clinton Backer Wants a New Tax That Funnels Middle Class Money to Wall Street

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With public pensions moving away from alternative managers, the industry is looking toward government under Hillary Clinton to tax American workers in order to guarantee captive money continues to flow into the coffers of private equity and hedge fund managers.

You gotta hand it to these guys. When it comes to endlessly scheming and plotting various ways of getting their hands on your money, Wall Street is absolutely relentless.

Read the rest here.

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Investing in Bitcoin with steady returns

The last but the most important and the most viable form of investment is direct investment in the currency. This is very similar to currency trading and can vary in terms of the capital invested and the time frame of investments. Direct investments vary from intraday trading to long term investments. While intraday trading might not be so feasible, long term investments would have heavy rewards vested with it.

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Prop. 51 Versus a State-Owned Bank: How California Can Save $10 Billion on a $9 Billion Loan

School districts are notoriously short of funding – so short that some California districts have succumbed to Capital Appreciation Bonds that will cost taxpayers as much is 10 to 15 times principal by the time they are paid off. By comparison, California’s Prop. 51, the school bond proposal currently on the ballot, looks like a good deal It would allow the state to borrow an additional $9 billion for educational purposes by selling general obligation bonds to investors at an assumed interest rate of 5%, with the bonds issued over a five-year period and repaid over 30 years. $9 billion × 5% × 35 equals $15.75 billion in interest – nearly twice principal, but not too bad compared to the Capital Appreciation Bond figures.

However, there is a much cheaper way to fund this $9 billion school debt. By borrowing from its own state-chartered, state-owned bank, the state could save over $10 billion – on a $9 billion loan. Here is how. Read more ›

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What Happens When the Electricity Is Off for Three Days?

One of the hidden realities of modern life is its fragility. For example, few people are aware of the precariousness of the supply chain that refills gasoline/petrol stations around the world every few days.

A new book, When Trucks Stop Running: Energy and the Future of Transportation explores the fragilities of our truck-dependent supply chains.

Longtime correspondent Bart D. (Australia) recently experienced a multi-day regional loss of electricity. His first-person observations help us understand what breakdowns in energy are like on the ground.

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“Higher Gold Prices” On Global Trade Slowdown – HSBC

HSBC’s respected chief precious metals analyst James Steel has written a note pointing out that the global trade slowdown will likely lead to “higher gold prices” as reported by Bloomberg.

Analysts at HSBC Group Inc. are telling clients that gold may be about to have another shining moment, as the precious metal’s status as a safe haven asset could boost prices, given the prospect of a looming downward shift in globalization.

The firm’s Chief Precious Metals Analyst James Steel says in a note published on Friday that “demand for gold is often stimulated by the same factors that fan protectionist and populist sentiment” and that “abrupt declines in cross border trade, investment and immigration, the dislocation of global economic policies, and a beggar-thy-neighbor approach to trade is almost tailor-made for higher gold prices.”

Previously, Steel advocated owning gold as a “long term insurance policy”.

When asked about whether he has a “message for gold bugs … people who have Krugerrands in their dressing room drawer”, Steel spoke of gold’s portfolio insurance benefits and “the diversification argument is the most powerful … it is an insurance policy”.

See the full article…

Bitcoin Price Analysis: Hyperinflation to push the price higher?

Technical Bitcoin Trading Analysis on Bitcoin IRA

The Long Term chart has been in an uptrend from the start of this year, with no sign of any set up change currently. The market has traded constantly over $630 with very low residual volumes in the range of $620 – $630. There is a strong possibility that the market might trade again in these levels to close the gap. This might be a chance to enter into a long term position around the zone of heavy support. The previous swing low of the market at $594 can be the stop with swing high at $770.89 as the target.

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