Artneto: Iko meant the Asian markets open at 4am EST, the only time that matters. Markets expected to crash, unless the markets are manipulated to prevent the crash. That last part is IMO….. If markets crash the need an RV to save the world
SonofGod: So someone saved the world markets from crashing last night again or what
Maggiemoo: Asia markets down, all Europe markets in green
Angel8: Bloomberg says rebound caused by banks
OKRocks: Iraq Live Update @IraqLiveUpdate 3 hours ago Mosul Ops Commander: "Ground ops to liberate Mosul is imminent" Welcoming Iraqi forces arrived near #Mosul #Iraq….. And remember that Tony always said when it is in print ,, it has been done days if not weeks before
SassyD: Forget the Great Recession—Welcome to the ‘Great Repricing’ ... David Rosenberg says the negative-rates experiment is failing. -- February 11, 2016 --
Millionday ...REMEMBER THE STEPS THAT IRAQ IS EXPECTED TO TAKE THIS MONTH.
THE STEPS ARE A LONG LIST BUT ACCORDING TO THE IMF AGREEMENT FOR IRAQ TO HAVE DONE BY THE END OF THIS MONTH DUE TO THE PLANNED MOVE TO ARTICLE 8 –
THEY HAVE TO PEG WITH THE US DOLLAR --- REMOVE DISTORTED EXCHANGE RATES FOR INTERNATIONAL CURRENCIES TO BRING IN INVESTORS...THE LIST GOES ON –
IT IS VERY LONG WITH MANY MANY DONE.
Lostnq8: mexico and japan down - euro up and us up - wonder how much money is being spent to prop up the markets today
Wiz: markets are not 'flying' good... S&P 500 Futures 1,839.00 +14.50 +0.79% Nasdaq Futures 3,978.25 +17.00 +0.43% Dow 30 15,778.56 +118.38 +0.76%
Blackeyedpea: A very good friend of mine in Texas knows a highup BOA Executive. THe Exec told my friend this is imminent and if he can buy more rupiah and dong..but hurry..
Beamer: Jim Willie: When Deutsche Bank Fails, Barclays, Citigroup, and More Will Fall Like Dominos
Willie, who recently stated that Deutche Bank is under major duress and could be the first major bank to collapse in the next stage of the banking crisis, informed The Doc that unlike the collapse of Lehman Brothers in 2008 which the Western Central banks were able to contain thanks to $13 T in bailout funds, a failure of Deutsche Bank would trigger a systemic banking contagion the likes of which the Western world has never seen.
When asked by The Doc how Deutsche Bank differs from Lehman Brothers in 2008, and what events could lead to a renewed banking crisis, Willie responded:
My best German source informs me that 3 major banks are in trouble, and these 3 banks are fighting every single night to fight off insolvency and failure. He says CitiGroup in New York, Barclays in London, and Deutsche Bank in Germany- every single night are in trouble.
The important thing to keep in mind about Deutsche Bank is that it won’t go down alone if it goes down at all. If it fails, it will take along with it 3,4,5,6 or 10, or 15 other banks! It will be 1 or 2 quickly, then a 3rd and 4th a few weeks later, another, then before you know it, all of Italy and their major banks would be kaput.
My belief is that Deutsche Bank and its constant overnight risk of failure is somewhat tied to derivatives related to LIBOR, and also a risk related to their FOREX derivatives. In other words, derivatives that the banks use to balance off the currencies.
Believe it or not, in the derivatives world, gold is treated like a currency. Isn’t that ironic?
The FOREX derivatives that the banks are involved in are very much tied to gold.
The big immediate threat for Deutsche Bank though has to do with their problems in hiding debt for the Sovereign nations applying for the Eurozone. For example, Greece and Italy couldn’t have their debt ratios over certain levels, so what Deutsche Bank did was they turned nice big chunks of Sovereign debt into currency swaps.
For an example of how this works: Suppose you have a $250,000 bad business loan that is stinking up your credit report. So you call up your favorite Deutsche banker (or Goldman or Morgan- pick your criminal enterprise that is your personal favorite) and you tell him, look I have a $250,000 debt here and I want to make it go away.
They say OK, we can do something clever here. We can pay off your debt so your credit report looks good, and we can establish this $250,000 Euro swap, and we’ll keep it off the books!
So you have this $250,000 bad loan stinking up your books, it goes away, and is replaced by something hidden- a euro currency swap!
That’s precisely what was done on a larger macro scale by Greece and Italy- and Deutsche Bank is involved with several of these, and the total that is becoming disclosed is $400 Billion. Apply your typical ratios and you can conclude that they are $10, $15, $20 billion short for capital requirements!
The big banks are so criminal that they have converted fraud and criminal activity into a small cost of doing business!
Keiser Report 874 : Angry Americans Ft. Ellen Brown (E874) February 11, 2016
DebTarHeelgirl: Travel Tips:
My 30 Best Travel Tips After 4 Years of Traveling the World
A checklist for obtaining a passport
20 Tips Before Traveling Internationally
Travel Tips from TSA - Transportation Security Administration - this is a good one to study
Travel Tips from an Airline Employee - Airline Tips they Can't Officially Tell you
What's the germiest place on a plane - Tips you need to know
Layover Survival Guide - Tips to make travel Delays more productive
Best Places to Travel in 2016
US News = World's best places to visit in 2015/2016