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CHINA HAS ORDERED IT’S BANKS TO STOP PURCHASING U.S. DOLLARS

CHINA HAS ORDERED IT’S BANKS TO STOP PURCHASING U.S. DOLLARS In a stunning move, China has suspended some banks from Foreign Exchange markets and ordered otherĀ banks toĀ stop buying Dollars. China’s foreign exchange regulator has ordered banks in some of the country’s major import and export centers to limit purchases of U.S. dollars this month, three […]

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58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe

Submitted by Michael Snyder via The Economic Collapse blog, The world didnā€™t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy. This year the middle class continued to deteriorate, more Americans than ever found themselves living in poverty, and the debt bubble that […]

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Russian military reveals new details of ISIS funding

Russia doesnā€™t expect Turkish President Erdogan to resign in the face of the new evidence, even though he had promised to do so. His resignation is not Russiaā€™s goal and is a matter for the Turkish people. Russia cannot comprehend that such a large-scale business as oil smuggling could not have been noticed by the […]

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Greeks Told To Declare Cash “Under The Mattress”, Jewelry And Precious Stones

When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash “under the mattress” (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this […]

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Enter the Dragon: Chinese yuan to become global reserve currency

The International Monetary Fund (IMF) gave the yuan a vote of confidence on Monday by including the Chinese currency in its Special Drawing Rights (SDR) uniting the US dollar, euro, British pound and the Japanese yen. Adding the yuan as a reserve currency will allow central banks to buy more of the Chinese currency, and […]

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Mafia Don Erdoğan Retaliates for Russian Strike on Family Crime Syndicate

Like a vengeful Mafia don Recep Tayyip Erdoğan shot down a Russian plane and nudged the Middle East a step closer to all-out war. A few hours after the attack Obama climbed up on his soap box and said Turkey has a right to protect its national sovereignty. Erdoğanā€™s attack, however, had nothing to do […]

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Wikileaks: Hillary Clinton Claims Saudi Arabia is the Largest Donor to ā€œSalafism Terroristsā€ Worldwide

Wikileaks has struck again; this time, they have revealed a U.S. government cable sent from the former Secretary of State, Hillary Clinton, to the U.S. Treasury office that specifically alluded to the Kingdom of Saudi Arabiaā€™s substantial financial donations to international terrorist groups fighting the U.S. Armed Forces. According to an introductory cable that discussed […]

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House passes legislation to audit the fed

In a 241-185 vote, the House passed a bill Thursday largely along party lines that would make major changes to the way the Federal Reserve operates in an attempt to create more transparency. The Fed Oversight Reform and Modernization Act, spearheaded by Michigan Republican Rep. Bill Huizenga, would lift restrictions placed on the Government Accountability […]

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