Tag Archives: Featured

Credit Suisse is one of Switzerland’s systemically important banks. © Keystone / Christian Beutler Credit Suisse Group and the French financial prosecution office have agreed to settle a tax fraud and money laundering case in France with a €238 million (CH234 million) payment to the state, a French court heard on Monday. The settlement still needs to be approved by the court. If approved, the payment would resolve the investigation led by the France’s financial...

Swiss neobank neon’s crowdfunding campaign reached CHF 5 million of its CHF 10 million target with more than 2,000 investors participating on the first day of the campaign. The campaign, which runs from October 25 to 31, is offering two to 250 non-voting shares priced at CHF 200.00 per share. The company aims to sell a total of 50,000 shares. According to the campaign page, neon’s recent milestones include hitting 130,000 users, generating CHF 3.5 million in revenue...

German neobank N26 has launched its cryptocurrency product in Austria to enable customers to buy and sell 194 cryptocurrencies in their app. The N26 Crypto feature will be made available progressively to eligible customers in Austria over the coming weeks, as well as in other key markets over the next six months. The launch addresses strong local demand, where internal research showed that 40% of N26 users are either actively trading, or have expressed interest in...

I’ll begin with a provocative thesis: socialism is ideological and free market thinking, while involving myth, is nonideological. I will show why socialism is ideological and why free market thinking involves myth but is nonideological by defining the terms myth and ideology and distinguishing them from each other. The term “myth” has several connotations. The most common connotation today is that myth represents false belief. Thus, we see many uses of the term myth...

CEO of Monetary Metals Keith Weiner gave a talk at the New Orleans Investment Conference on how to build and destroy a pension fund system in 22 easy steps. If you’d like to see an excellent case study of these steps in action, see the United Kingdom. This is a summary of Keith’s talk published with his permission. Our interest rate system is like a wrecking ball. It swings to one side of the street and destroys one side of town (the falling interest rate). Then when...

So-called “cosmetic work” can cost tens of thousands of dollars. Now that housing is finally rolling over due to rising mortgage rates and bubble valuations, many of those who have been priced out of the market are hoping to take advantage of lower prices. In many cases, the most affordable segment is fixer-uppers, homes that are distressed for any number of reasons: a lack of maintenance; construction or drainage deficiencies; obsolete or defective foundations,...

Chers amis lecteurs, Après le succès de la diffusion de Dépossession en libre accès, voici la suite indispensable Coup d’Etat planétaire. Ce livre est la suite de Dépossession et je le mets lui aussi en libre accès. coup_etat_planetaire_liliane_held_khawamTélécharger Je rappelle que ce livre a été publié en septembre 2019, soit plusieurs mois AVANT le Covid-circus. Or, il y est soigneusement décrit les bases contractuelles (Traités supragouvernementaux) qui...

Noch bevor Elon Musk den Staffelstab offiziell übernimmt, kommen Gerüchte auf, dass Twitter an einer Crypto-Wallet arbeitet. Bereits Jack Dorsey war dafür bekannt, den Crypto-Markt auf der Social Media Plattform einbinden zu wollen. Crypto News: Twitter arbeitet an Crypto-WalletDie Meldung kommt allerdings nicht von offizieller Seite und wurde von Twitter weder bestätigt noch verneint. Jedoch kommt sie von einem Developer, der bereits in der Vergangenheit...

Overview: The yen and sterling are trading quietly after the recent drama, but with the Party Congress ending, the Chinese yuan has been permitted to fall faster. It approached the 2% band today and its loss of about 0.65% today makes it the weakest among the emerging market currencies. Most of the major currencies seem to be consolidating. Chinese stocks pared earlier losses as foreign buying via the Hong Kong link returned after large sales yesterday. Asia Pacific...

Die Konsequenzen der Energiewende und der Deindustrialisierung Deutschlands erinnern an den amerikanischen Morgenthau Plan von 1944. Dieser sah neben der territorialen Zerstücklung die Umwandlung Deutschlands in einen Agrarstaat vor. Zehn bis zwanzig Millionen Menschenopfer sollten in Kauf genommen werden. Erst 1947 wurde der Morgenthau-Plan offiziell fallen gelassen und 1948 durch die Marshallplanhilfe ersetzt. Worin bestanden die Zielsetzungen des...