Tags: web of debt
Bail(ed)-Out & Bail(ed)-In
May 5th, 2013
in Op Ed
by Ellen Brown, Web of Debt p> “[W]ith Cyprus . . . the game itself changed. By raiding the depositors’ accounts, a major central bank has gone where they would not previously have dared. The Rubicon has been crossed.” — Eric Sprott, Shree Kargut… more »
Winner Takes All: The Super-priority Status of Derivatives
April 12th, 2013
in Op Ed
by Ellen Brown, Web of Debt p> Cyprus-style confiscation of depositor funds has been called the “new normal.” Bail-in policies are appearing in multiple countries directing failing TBTF banks to convert the funds of “unsecured creditors” into capit… more »
It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors
April 1st, 2013
in Op Ed
Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Ban… more »
Money for the People: Grillo’s Populist Plan for Italy
March 14th, 2013
in Op Ed
by Ellen Brown, Web of Debt p> Default on the public debt, nationalization of the banks, and a citizen dividend could actually save the Italian economy. Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million votes in… more »
How the Fed Could Fix the Economy—and Why It Hasn’t
March 5th, 2013
in Op Ed
by Ellen Brown, Web of Debt p> Quantitative easing (QE) is supposed to stimulate the economy by adding money to the money supply, increasing demand. But so far, it hasn’t been working. Why not? Because as practiced for the last two decades, QE does… more »
1 2 3 4 Next Page >>
