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Olduvai III: Catacylsm
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Low Oil Prices And Money Worries For 2015

Low Oil Prices And Money Worries For 2015. In response to the Ruble’s recent fall (over 50% against the U.S. Dollar), Swiss banks have begun taking extreme and extraordinary measures in what appear to be early signs of a currency war. There is now a negative interest rate of 0.25% on deposits made in Swiss Francs. […]

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The Global Monetary Reset Is Under Way | Zero Hedge

The Global Monetary Reset Is Under Way | Zero Hedge. The Global Monetary Reset is under way, but people have not noticed it yet. The key is the move to zero interest rates. Government debt almost everywhere is too high to ever pay off, let alone pay a traditional rate of interest on.  As debts come due, […]

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NIRP Arrives In The US: TBTF Banks Tell Customers To Move Their Cash Or Be Charged Fees | Zero Hedge

NIRP Arrives In The US: TBTF Banks Tell Customers To Move Their Cash Or Be Charged Fees | Zero Hedge. Back in June, the world was speechless when Goldman’s head of the ECB, Mario Draghi, stunned the world when he took Bernanke’s ZIRP and raised him one better by announcing the ECB would send deposit rates […]

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The Consequences of Imposing Negative Interest Rates |

The Consequences of Imposing Negative Interest Rates |. Negative Interest Rates and Capital Consumption Ever since the ECB has introduced negative interest rates on its deposit facility, people have been waiting for commercial banks to react. After all, they are effectively losing money as a result of this bizarre directive, on excess reserves the accumulation […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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