The new way to bailout banks or the Italian recipe

Setting the value by decree is part of the central banking planning  and   it just happend in Italy by changing the “market value” of the BOI and changing the ownership rules.  But the interesting part is what could come afterwards…..  The resulting improved capital ratio of the banks will provide enough fuel for them […]

Bundesbank say that gvt should draw on the wealth of their citizens before asking for help.!!!

well, we’ve had a few examples the last few years about how governements are soo good at  doing anything they can to remain in power. anyway, I wrote a bit in different posts as this one https://relativemoney.wordpress.com/2013/11/06/the-coming-wealth-tax-a-recurrent-theme-with-the-imf-flavour/   Reuters report that Germany’s Bundesbank said on Monday that countries about to go bankrupt should draw on the private […]

select where and with whom you wanna bank

In the shadows of the financial world, it has become very hard for investors to measure risk.  Just keep in mind the following !!  the Cyprus bailout model has been the blueprint for you to pay the bill in case. EU makes major changes to rules on state aid to banks http://www.reuters.com/article/2013/07/10/us-eu-banks-idUSBRE96907Z20130710  EU Seals Deal […]

Poland and the private pension funds or the blue print for massive private asset confiscation

Reuters has reported:  Poland reduces public debt through pension funds overhaul http://www.reuters.com/article/2013/09/04/poland-pensions-idUSL6N0H02UV20130904 Reform moves bond assets from private to state fund * Some equity assets to gradually move to state as well * Changes seen reducing Polish public debt by 8 pct of GDP * Funds say moves could be unconstitutional * Warnings that private […]

Alice in spanish land…

comme nous sommes toujours bombardé d’infos et que nos amis les HFT robots “lisent et interprètent” ces dernières  bien plus vite que nous… la grande majorité des  comuns mortels comme vous et moi se concentre sur les headlines (titres).  La parution des estimations du bailout des banques espagnole… comme “par hazard” était même meilleure que […]