Banks

Happy days are here again! Stock markets are strong, company profits are up, bankers are making record profits and bonuses, unemployment is declining, and inflation is non-existent. Obama and Bernanke...

Egon von Greyerz / March 6, 2011

Yes, this is it! We have crossed the Rubicon, and events in the world economy are now likely to unfold in a totally uncontrollable fashion. Clueless governments still don’t understand that their ruino...

Egon von Greyerz / May 18, 2010

Gordon Brown has really surpassed himself in creative alchemy. He has turned $100 billion of G20 new commitments into $5 trillion of air! Take $100 billion of committed new money, add $500 billion of...

Egon von Greyerz / April 3, 2009

The incitement to violence is gaining momentum, and the latest example is an article in the Daily Mail: Seize their Porches and throw them in jail! Shameless bankers are worse than the Train Robbers....

Egon von Greyerz / March 22, 2009