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Real or April fools? Greek Finance Minister has secret meeting to switch economy to Bitcoin

Sadly in the media, one has to vette stories even more than usual when they are published on April 1 each year, but it appears on the surface that this one may have some legs.  During a secret meeting held by the Greek Finance Minister when the Southern European nation reached the point of near insolvency, Yanis Varoufakis broached the idea of the government moving towards the use of Bitcoin as a national c ...

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Fed Chairman Janet Yellen states that cash has relatively little value

As the world begins to realize that the entire purpose of the Federal Reserve is to prop up stock markets and ensure the orderly flow of wealth from the 99% to the 1%, an interesting statement was made by the central bank Chairman Janet Yellen in San Francisco last week where she said that "cash is a not very convenient store of value", and validated that the fiat currency that comes from the printing press ...

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Chinese still buying U.S. companies at record levels despite ‘recovery’

Both the media and Wall Street continue to preach the mantra of an economic recovery despite data that shows the U.S. has never truly gotten out of the Great Recession.  And if you remove the artificially stimulated equity markets built over time from tens of trillions of dollars of QE, the actual strength of corporate America is incredibly fragile and prime targets for takeover and acquisition. And of cour ...

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POLICE IN DUBAI HAVE FOUND OVER 3,000 ABANDONED LUXURY CARS & ARE AUCTIONING THEM OFF FOR PENNIES ON THE DOLLAR

VIRAL THREAD - When daydreaming about how we’d spend the Lottery Jackpot that we’re probably never gonna win, pretty high up the bucket list is: buy a ridiculous car. A seriously f*cking fancy supermobile. But while some cities have a litter problem, some suffer from high crime rates and others might have a lack of housing. Then you have Dubai, which for the last several years has been facing the unusual pr ...

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Who Controls The Money? An Unelected, Unaccountable Central Bank Of The World Secretly Does

An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.  It is called the Bank for International Settlements, and it is the central bank of central banks.  It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City.  It is essentially an unelected, unaccountable central bank of the worl ...

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As the ECB prepares for Greek exit, Tsipras plans meeting with Putin

Despite the hoopla that came out of a fragile debt agreement between Greece and the Troika a few weeks ago, the Southern European country is no better off now than before they started re-making interest payments on their hundreds of billions of euros in debt obligations.  And as the political and economic situation increasingly moves towards insolvency, Greek Prime Minister Alexis Tsipras is planning a meet ...

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As China prepares to open new SWIFT, EU countries flock to World Bank alternative

A little over a week ago, China leaked news that their alternative SWIFT system would most likely be online and fully functional near the end of the third quarter of 2015.  And now that the potential of a new global reserve currency comes within reach to supplant the dollar, European Union nations are suddenly flocking to another alternative, the AIIB, which is a direct competitor to the World Bank and curr ...

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In desperate move, SWIFT adds Russia to its board as a voting member

Two days after China announced they were within months of implementing their own version of SWIFT to compete and perhaps overtake the U.S. dollar as the globally recognized reserve currency, the West does a U-Turn and has accepted Russia as a voting member of their financial messaging and interchange system.  This move on March 11 comes just months after the U.S. threatened the Eurasian oil giant with being ...

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Former head of the SEC comes clean and admits market is rigged

Although absolution is indeed good for the soul, it does little to help those who were pillaged while fraud and corruption took place under a director's watch.  And while new revelations by former SEC chief John Ramsay on March 10 validate that the market is a rigged game and programmed to benefit insiders over all other investors, it does little to alleviate the carnage that has helped create the worst wea ...

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The 10 Best Cities to Live Rich on a Dime (So You Can Make Your Dreams Come True!)

Admit it. You’ve wondered more than once… Is there a better life out there? You work your butt off every day, but just paying for the essentials becomes more difficult with every passing month. And what about your dreams? Will you be able to start your own business, send your children to college, or live the life you always wanted? And you can’t help thinking … Is there a smarter way of doing things? A way ...

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Unemployment rate falls again as record number of Americans not counted by government

Investors, high frequency trading algorithms, and low IQ watchers of CNBC are easily enamored when the ministry of propaganda, otherwise known as the Bureau of Labor Statistics, pops out a new report showing a decrease in the unemployment rate.  But for those 92 million Americans without a job and considered persona non grata by the government, they are relegated to being a part of the record number of peop ...

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