Iceland Considers Stripping Power to Create Currency From Banks


Written by  Alex Newman Still reeling from the economic catastrophe that struck in 2008, Iceland and its Parliament are debating a plan that would dramatically restructure the tiny nation’s monetary system by stripping commercial banks of the legal ability to create currency out of thin air — and handing that power exclusively to politicians and […]

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Greeced Lightning! Will Greece Default? Will Athens Cut a Financial Deal with Moscow and Beijing?


We seem to have finally arrived at some sort of moment of truth regarding Greece and their inclusion in the EU.  The speculation is they will be out of money by April 9th, this Thursday, unable to make a less than 500 million euro payment.  Please keep in mind they have already been raiding the country’s pension plans […]

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