Tag: Finance

Cash Holdings of Apple and Others Are At Massive Risk

Cash Holdings of Apple and Others Are At Massive Risk

[cleveryoutube video=”bon8-iQk2Mw” style=”1″] The cash holding of Apple and other high tech companies are piling up. This is a practice often done by international companies because of foreign exchange variations. The funds are held in cash accounts [bank accounts] or cash equivalents [most typically bonds]. As noted below, there are more $7 trillion in bonds…

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The Derivatives Market Is About To Implode the Big Banks Once Again!

The Derivatives Market Is About To Implode the Big Banks Once Again!

[cleveryoutube video=”vGVCYE90uGc” style=”1″] You know how we hoped that financial markets learned their lesson when the global financial markets came within hours of a total collapse? Well, they didn’t! The 2008 Crash was caused by the unregulated derivatives markets. And if you think that problem has been fixed, you’re mistaken. DB [Deutsche Bank] sits atop…

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Which Occupation Is Most Frequently Claimed In The Panama Papers?

Which Occupation Is Most Frequently Claimed In The Panama Papers?

The farce of all the yelling and screaming by the OECD and G-20 “pinocchios” over the Panama Papers. With all the anti-one-percenter rhetoric and tax-evading-evil-doer narratives spewing forth from the mainstream media mouthpieces of the establishment since The Panama Papers were exposed for all to see, it may come as a surprise to some to…

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Pension Fund’s Proposed 60% Cut Is “Not Enough” Says Treasury

Pension Fund’s Proposed 60% Cut Is “Not Enough” Says Treasury

The collapse of pensions begins. One of the largest pension funds just let it be known that most of those covered and contributing will most likely receive nothing in return. 407,000 private sector workers are about to lose most of their pensions. The Central States Pension Fund, which handles the retirement benefits for current and former…

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Is The Shift To A Cashless Society Snowballing Or Being Forced?

Is The Shift To A Cashless Society Snowballing Or Being Forced?

Love it or hate it, cash is playing an increasingly less important role in society. The Federal Reserve estimates that there will be $616.9 billion in cashless transactions in 2016. That’s up from around $60 billion in 2010. No doubt that there has been a shift in the direction of a cashless society. It’s been a slow…

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Blockchain Releases Alpha Version Of Thunder

Blockchain Releases Alpha Version Of Thunder

The company Blockchain, realizing that the Bitcoin settlement process is agonizingly slow, and thus limiting adoption rate of the digital currency, has been working on a project called Thunder. This program will set up a network of nodes designed to process transactions many times faster than current credit card networks. It will then settle the…

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Zuckerberg To Meet With Conservative Thought Leaders

Zuckerberg To Meet With Conservative Thought Leaders

Following allegations that Facebook was suppressing conservative stories in the trending list of topics, Mark Zuckerberg has decided that the better part of valor will be to meet face to face with “conservative thought leaders” to lay out his case that such allegations aren’t true. (Reuters) – Facebook Chief Executive Mark Zuckerberg will meet this…

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China Warns US Not To Disturb The Hong Kong Social Order

China Warns US Not To Disturb The Hong Kong Social Order

It seems that tensions are growing between the US and China over Hong Kong. Considering this administrations penchant for stirring up trouble and chaos over the last eight years, this shouldn’t come as a surprise to anyone. BEIJING: China’s Foreign Ministry on Friday accused unidentified people in the United States of trying to “disturb” social…

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