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It is very rare that a (former) central banker tells it like it is. Jürgen Stark, former vice president of the Bundesbank and also former chief economist of the ECB confirmed is a recent conference that “The System is Out of Control” and is “pure fiction”. According to Stark  ‘The problem is the monetary model Read the full article…

We now have a second video (kuddo’s to http://globalcurrencyreset.net ) in which Christine is promoting the reset-concept. It is quite clear, IMF’s Christine Lagarde has a ‘BIG RESET’ on her mind. She actually mentions ‘reset’ more than ten times in a 2.30 minutes time frame. By using the R-word again and again she demonstrates the roll out of a Read the full article…

In a recent interview with @koosjansen (www.ingoldwetrust.ch) and myself  Jim Rickards agreed on the need for a global monetary reset;  Koos Jansen: Do you think there will be a collapse in the worldwide monetary system, including chaos, social unrest and bank failures because all policy makers will do too little too late? Jim Rickards: My new book, The Death Read the full article…

The Financial Times distributed an interview with George Soros in which he points to the fact our system needs a reset. The full interview can be found here . Here some of the highlights. – I believe that basically the system is broke and needs to be reconstituted (reset –wm). But the system we have now has Read the full article…

On Christmas Eve 2013, the best moment to publish a report without the press noticing, the IMF published a most interesting paper which concludes; ‘Historically, periods of high government debt such as the current one have led to .. debt restructurings.’ According to economists Reinhart and Rogoff (also the authors of the infamous study/book This time Read the full article…