Imagine if police arrested people trying to pull their money out in Australia? Now, this is almost certainly not going to happen. Let’s dig into what’s happening in the world’s largest banking system. Understanding the Chinese financial system…
Macroeconomics: Global Central Banks News & Highlights
The Coinbase IPO and ‘Digital Gold’ — Your Best Chance at ‘FU’ Money
Coinbase wants to list on the stock market by the end of the year. In my opinion, this could be the most important IPO of the decade. What makes Coinbase very interesting is, it’s a tech company that trades in ‘digital gold’…
How Your Savings Are a Government’s Plaything
The gold price in US dollars is breaking out as I write this. After months stuck in a sideways range, is this the move upwards we’ve been waiting for, at last?
Watch Out: Weaponised Currencies Are Coming — Currency Wars
Money has become important not only as a tool for transactions, but as a means to exert influence and control. Make no mistake about it: money is a weapon. The US knows it, China knows it — and you need to know it too…
When Mercy Turns to Malice: The Big Four Bank’s Ticking Time Bomb
It is as clear as day that the Aussie big four banks can’t keep up this farce. Pushing back the loan holiday wasn’t what they wanted, but it was what they had to do. Their kindness has become their biggest weakness…
Five Million in Lockdown and Nearly One Million Question Marks for Banks
Yesterday, well, I’m sure you know what happened. The state of Victoria is back to square one again. And today, the Big Four announced that they would extend the six-month repayment holiday by a further four…
