Puerto Rico, Trump And The Birth Of A Global Debt Jubilee

Oct 20, 2017 Read More Articles by Guest Writer By Roxane Premont The largest statue in the world, twice the size of the statue of Liberty, is of Columbus in Arecibo, Puerto Rico. The statue, “Birth of the New World”, survived the utter devastation of Hurricane Maria and remains standing. While we tend to remember…

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How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

 By Michael Snyder, on October 15th, 2017 Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.  But in our day and age, we are willingly enslaving ourselves.  The borrower is the servant of the lender, and there has never been more…

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How The Elite Dominate The World – Part 2: 99.9% Of The Global Population Lives In A Country With A Central Bank

 By Michael Snyder, on October 16th, 2017 Even though the nations of the world are very deeply divided on almost everything else, somehow virtually all of them have been convinced that central banking is the way to go.  Today, less than 0.1% of the population of the world lives in a country that does not…

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IMF, World Bank push back against globalization’s detractors

The Associated Press by AP13 Oct 2017121 WASHINGTON (AP) — The leaders of the International Monetary Fund and World Bank are vowing to fight climate change, combat income inequality and push back against rising populist skepticism over free trade and international collaboration. “We know from experience that international cooperation works — from reconstruction after World War…

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WE CAN FINALLY IDENTIFY ONE OF THE LARGEST HOLDERS OF PUERTO RICAN DEBT

October 4, 2017 in News by Slad inShare Merken   Source: The Intercept | David Dayen  FOR YEARS, THE identity of the owner of one of the largest holdings of Puerto Rican debts has been a mystery. That mystery has finally been solved, with the help of the The Baupost Group, who unmasked themselves to The Intercept. The Baupost Group, a Boston-based hedge…

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The World Is Creeping Toward De-Dollarization

74 COMMENTS TAGS Money and BanksMoney and Banking 09/18/2017Ronald-Peter Stöferle The issue of when a global reserve currency begins or ends is not an exact science. There are no press releases announcing it, and neither are there big international conferences that end with the signing of treaties and a photo shoot. Nevertheless we can say with…

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US Sanctions Continue to Backfire:

US Sanctions Continue to Backfire: China Opens $10 Billion Credit Line for Iran en.tehran.ir handout BUSINESS 00:17 17.09.2017(updated 07:06 17.09.2017)Get short URL 3270821284 Assisting Tehran with sidestepping an ongoing Washington sanctions regime against the country, China has opened a $10 billion line of credit intended to finance energy, transportation, water and other key Iranian infrastructure…

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