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Why The 'Cashless Society' Has Become The New Wet Dream Of Governments And Central Bankers

Why The 'Cashless Society' Has Become The New Wet Dream Of Governments And Central Bankers

Source: munplanet.com

We have heard a lot of chatter about a potential negative interest rate policy, and whilst the general market consensus in the USA is still expecting to see at least two rate hikes by the Federal Reserve before the end of this year, the situation is completely different in Japan and in Europe. The Japanese central bank was the first central bank to openly discuss a potential negative interest rate in an attempt to boost the country’s economy again, but the grand scheme of things seems to be going much further than that.

Rothschild Bank Under Criminal Investigation

Baron David de Rothschild was indicted by French authorities last year after being caught embezzling huge sums of money from British pensioners.  Now French authorities have announced plans to step up their case against him by closing down and investigating the entire Swiss branch of the Rothschild’s banking empire. Thefreethoughtproject.com reports: According to Bloomberg, The Swiss unit of Edmond de Rothschild said it’s the subject of a French probe regarding a former business relationship managed by a former employee.

"The Bounce Has Run Its Course" Bob 'The Bear' Janjuah Warns S&P Heading To 1700s

"The Bounce Has Run Its Course" Bob 'The Bear' Janjuah Warns S&P Heading To 1700s

Nomura's Bob Janjuah warend in January that "the bubble implosion can't be fixed this time," and, as he explains in his latest note, he is pleased with all six of his key forecasts for 2016...

In particular on Commodities, with his expectation that crude would trade below $30 (the price per barrel fell from $37 in early January to a low so far of $26 in February).

 

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