sovereign debt
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Brexit and the Derivatives Time Bomb By Ellen Brown
Brexit could trigger a $500 trillion derivatives meltdown, by forcing the EU to allow insolvent member governments and banks to write down debt. Italy is in financial crisis and is already petitioning for that concession. How to avoid collapse of the massive derivatives house of cards? Alternatives are considered. Continue reading
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Hedge funds deliberately undermining Euro – RT
Authorities on both sides of the Atlantic are looking closely at euro trades, following reports that leading US hedge funds have been in collusion to undermine the European currency through the crisis in Greece. Regulators on both sides of the Atlantic are probing euro-trading on financial markets. Continue reading