Banking System at the Brink

Written by Gary North on November 1, 2011

Yesterday’s intervention by six central banks indicates how close to the edge of a financial crisis the world now is. A hard-hitting article in Britain’s Guardian reveals how close to a breakdown banks are in. The stunning move by six central banks to announce emergency measures to push more dollars into the financial system shows […]

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Out of Gas: Americans Are Being Outbid by Foreigners

Written by Gary North on January 2, 2011

Did you know that the USA exports almost 3 million barrels of refined fuels — gasoline and diesel — every day? Most Americans are unaware of this.  U.S. refineries exported a record amount of refined fuels in 2011 to markets in South America, Central America and Europe. It was one reason why Americans spent a […]

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