World Events and the Bible

A site dedicated to World Events and Study of the Bible.

Tag: Global Finance (page 1 of 45)

Wells Fargo to Layoff 26.5K After Outsourcing Jobs, Importing Foreign Workers

WEB Notes: Hmm… I thought your President fixed all that? Guess not. Maybe if the corporate tax rate was not so high and maybe if companies were not so greedy. They do not mind holding American money, but they do not want to employ Americans if it means it costs a little more. This is what globalism gets you folks, enjoy it.

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No Other Banks Are This Exposed to Turkey, Argentina, Brazil…. Emerging Markets Haunt Spanish Banks

Almost exactly six years ago, the Spanish government requested a €100 billion bailout from the Troika (ECB, European Commission and IMF) to rescue its bankrupt savings banks, which were then merged with much larger commercial banks. Over €40 billion of the credit line was used; much of it is still unpaid. Yet Spain’s banking system could soon face a brand new crisis, this time not involving small or mid-sized savings banks but instead its alpha lenders, which are heavily exposed to emerging economies, from Argentina to Turkey and beyond.

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Trump Backs CEOs, Proposes Easing Corporate Reporting Rules

WEB Notes: How about easing the little guys taxes in a big way? How about cut spending? Ahh different subjects for a different day I know. I wonder if this means businesses will only have to send in their taxes twice a year instead of quarterly as well? Probably not.

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World Bank Approves $500M Loan For Tunisia

WEB Notes: The World Bank is always ready to help a fellow friend go further into debt. Not the last sentence of this excerpt below. “Successful democratic transition”.

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Deutsche Bank Fails Federal Reserve Stress Test

WEB Notes: This goes right in line with other articles about the state of our economy as a whole. Just yesterday we discussed US Corporations are $6.3 trillion in debt.

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Bank Stocks Are On Their Longest Losing Streak Ever

Bank stocks just hit a record — a record of losses.

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‘A Powerful Signal of Recessions’ Has Wall Street’s Attention

WEB Notes: So in one article you have the BIS talking about rising interest rates on a record amount of global debt and then you have this one. But wait! It cannot be true, this must be a scheme hatched by the Democrats and those liberals right? I mean all that is Republican is right. The market is at record highs, what could go wrong you ask!? Get off the political football field folks and come watch the game from the crowds side…

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BIS Fears ‘Snapback’ Crunch As Rising Rates Meet Record Global Debt

WEB Notes: The BIS (Bank of International Settlements) is the world’s central bank, they set financial policy for the world. Do a search for BIS on our site to learn more. They knew when economic policy was set years ago, lowering interest rates would mean even more debt than there was before. They also knew when rates go back up, it will bring down the house of cards…

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The Four Companies That Control the 147 Companies That Own Everything

There may be 147 companies in the world that own everything, as colleague Bruce Upbin points out and they are dominated by investment companies as Eric Savitz rightly points out. But it’s not you and I who really control those companies, even though much of our money is in them. Given the nature of how money is invested, there are four companies in the shadows that really control those companies that own everything.

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Global Debt Is At Historic High And Governments Should Cut Levels

WEB Notes: Did you read the message? The global financial system is trying to warn the governments of the world… ‘You are headed for danger’. When it all collapses they will say, ‘we told you so’. Then it will be time to repair the one world system, not only financial in nature, that is merely one piece of the gigantic puzzle. You can read more in Chapter 2 of The Timeline of the Tribulation.

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What’s Going On In The Treasury Market?

Back in October 2015, the three-month Treasury yield was 0%. Many on Wall Street said that the Fed could never raise interest rates, that the zero-interest-rate policy had become a permanent fixture, like in Japan, and that the Fed could never unload the securities it had acquired during QE. How things have changed!

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Cramer: 2008 Crisis Could Happen Again Because No One Went To Jail

WEB Notes: This undoubtedly was the biggest heist in world history and not a single person went to jail. Not only the American people, but other people around the world were robbed by the banks and big brother bailed them out with our money.

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