Bail-in is here: bank deposits at risk as Austrian bad bank wind-down goes awry!
Today on The Janssen Report (#94): the first bank bail-in of 2015 may have arrived! In Austria of all places (considered a very stable economy!), the HETA Asset Resolution AG turns out to have a capital shortfall of more than 7 billion euros. HETA is in fact the entity that …
Federal Reserve and other central banks fail to create recovery & are we seeing the covert (monetary) comeback of gold?
Today on The Janssen Report (#93): time and again we see the failure of central banks to create recovery in the real economy. There is no true improvement in the jobs market, no wage increase, and inflation is going down rather than up. The housing market is also not performing. It …
Growing opposition in EU: Syriza in Greece & Podemos in Spain. Denmark cuts negative interest rates
Today on The Janssen Report (#92): both easy money policy (QE) and austerity measures are causing quite a turbulence in Europe. On the one hand we are seeing the strong debasement (weakening) of the Euro leading to Switzerland being forced to unpeg the Swiss Franc from the Euro. Denmark is …
ECB QE at 60 billion a month, worldwide monetary policies signal distress
Today on The Janssen Report (#91): why have we allowed thin air to be a cashflow generating asset? This in essence what the banking system has created for itself: creating an interest-generating asset (= loans) by typing numbers in a computer. With the Swiss National Bank unpegging the Franc from …
The Oil & Ruble Crash, Declarations of War Against Russia and Connecting Some of the Dots
Today on The Janssen Report (#90): as we move towards the end of the year, let’s connect a few dots on the global economic and geopolitical chess board. US Congress passed a few bills this year cornering Russia with severe sanctions. And very recently the OPEC decided to intervene in …
The international monetary system & systemic risk: when will the SHTF?
Today on The Janssen Report (#89): there has been a lot of talk about the collapse of the global economy or monetary system, but when will it actually happen? Although nobody knows for sure, the signs of the accelerating unwinding of the system are there: de-dollarization, humongous banking systemic risk …
Derivatives 10 times the size of the global economy: trigger to a global financial meltdown?
Today on The Janssen Report (#88): the financialization of pretty much everything has caused incredible systemic risk on top of so-called collateral. In fact, this collateral is the true value upon which most derivatives are based, such as gold, silver, oil and real estate. It turns out that even the …
Bankers: White Collar Crime and the War on Gold
Today on The Janssen Report (#87): two important items to understand in this global economy are the war on gold and the continuation of crimes by bankers. Gold’s importance is still downplayed in the media, but anyone can see there is something huge going on. Nation after nation is repatriating their physical …
Your Bank Deposits Are No Longer Considered Money: New G20 Bail In Policy
Today on The Janssen Report (#86): as of right now YOUR bank deposits are no longer considered money! Your deposits are now going to be eligible for confiscation when your bank/financial institution is about to collapse. Your savings and checking account are equal to ‘paper investments’, giving them less priority …
2015 Recession Coming According to ‘Antagonists’, Big Banks Predict Recovery – Who To Believe?
Today on The Janssen Report (#85): the big banks forecast recovery when a small, but growing, group of thinkers continue to warn about an impending recession or even collapse. Who to believe? History shows that a small minority of antagonistic actors were always the ones to be right. Wealth building …