Jesse's Café Américain

"You have accepted things you would not have accepted five years ago, a year ago, things that your father, even in Germany, could not have imagined. Suddenly it all comes to be, all at once. You see what you are, what you have done, or more accurately what you haven’t done. For that was all that was required of most of us: that we do nothing. You remember everything now, and your heart breaks. Too late. You are compromised beyond repair."
Milton Mayer, They Thought They Were Free

Showing posts with label bank of england. Show all posts
Showing posts with label bank of england. Show all posts
04 April 2013

Cyprus Is Not So Much An Anomaly as the Template For the Next Financial Crisis

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This is not so much anything new , but a concrete reminder of the breadth of systemic banking risks inherent in the Anglo-American banking...
24 March 2010

Brown's Bottom: A Bailout of the Multinational Bullion Banks Involving the NY Fed

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The bottom referred to, of course, is the bottom of the gold price, and the sale of approximately 400 tonnes of the UK's gold at the b...
05 March 2009

The Bank of England Begins Monetization in Earnest

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The British Pound is headed to parity with the US dollar. This will add some sting to the economic downturn for the common people of Britian...
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