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WiredJa Online News

Alternative Economic Relations and the Death of Money

The central banks of the leading Western nations are flooding the global economy with money. This is most evident in the fact that after 2007-2009 financial crisis, the US Federal Reserve, the Bank of England, the European Central Bank (ECB), and other central banks began pursuing policies known as quantitative easing (QE). They began buying up debt securities (including many of low quality), pumping additional hundreds of billions of dollars, euros, pounds sterling and other currencies into circulation each year.
  • Published in Opinion

Global Finance and the Robin Hood Tax

After the first wave of the global financial crisis (2007-2009) receded, economists began to ponder how a recurrence could be prevented. Thus the idea arose of introducing a «Robin Hood tax» – a tax on interbank transactions that would cool bankers’ speculative fervor and preclude the formation of bubbles in the financial markets.

German Panzer Banks Crush Greece, Washington Winces

The German paymaster of Europe has subjugated Greece with breathtaking ruthlessness. In 1941, Nazi Germany crushed Greece with its Panzer tanks. Today, without firing a shot, Germany’s Panzer banks have accomplished the same, turning the country into a de facto German «protectorate» whose national assets and sovereignty are being turned over by Berlin’s financial dictate.

Greece Faces New Kind of Coup

According to the Financial Times, Greek Prime Minister Alexis Tsipras sent a letter to the three major money lenders saying he is ready to accept almost all the conditions proposed by the country’s international creditors at the weekend, marking the latest attempt to keep Greece in the eurozone.

Beijing is transforming EU-China ties by transforming the context

The announcement by Beijing that it will pledge a multi-billion euro investment in Europe's new infrastructure 315 billion euro’s fund at a summit on June 29 in Brussels, signals not only a milestone in financial diplomacy, injecting dramatic vitality to EU-China ties at the expense of the US.

Western Aid to Ukraine Vanishes in Black Hole

After long debates the International Monetary Fund approved a 4-year $17.5 billion loan program for Ukraine, including an immediate $5 billion disbursement. Then the European Commission offered a 1, 8 billion euro aid package to be given out in three trenches.
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