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Hit by Run on Deposits, Banco Popular Denies it's Looking for Rushed Takeover to Avert Collapse

Posted by Conspiracy Cafe on May 21, 2017 at 5:25 PM


by Don Quijones May 12, 2017


Spain’s 6th largest bank: “We have liquidity until the end of the year.”


In the world of banking, confidence and trust are a precious currency. The moment a bank loses them, things tend to spiral down quickly. Spain’s sixth biggest and desperately troubled bank, Banco Popular, appears to be...

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In Bleak Prognosis, Italy's Financial Regulator Threatens EU with Return to a 'National Currency'

Posted by Conspiracy Cafe on May 21, 2017 at 5:15 PM


by Don Quijones May 10, 2017


Because Italy’s banking crisis and other problems have not been solved.


Nerves are fraying in the corridors of power of the Eurozone’s third largest economy, Italy. It’s in the grip of a full-blown banking meltdown that has the potential to rip asunder the tenuous threads keeping the European project togethe...

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115th Anniversary of the Antikythera Mechanism's Discovery Google Doodle

Posted by Conspiracy Cafe on May 21, 2017 at 8:25 AM


This is a rather unique Google Doodle. The Antikythera Mechanism was a rather sophisticated device that measured time and movements of the Sun, the moon and the stars. It predicted astronomical positions and tracked the cycles of the Olympic Games. ...

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Financial Weapons Of Mass Destruction: The Top 25 U.S. Banks Have 222 Trillion Dollars Of Exposure To Derivatives

Posted by Conspiracy Cafe on May 18, 2017 at 9:25 AM


By Michael Snyder, on May 15th, 2017


The recklessness of the “too big to fail” banks almost doomed them the last time around, but apparently they still haven’t learned from their past mistakes. Today, the top 25 U.S. banks have 222 trillion dollars of exposure to derivatives. In other words, the ...

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Global computer virus likely to wreak more havoc

Posted by Conspiracy Cafe on May 14, 2017 at 2:45 PM


The program basically locked users out of their own files and demanded a $300 ransom to get their files back. US experts warned against paying the ransom as there is no guarantee the hackers will release the data.


Technicians around the world are scrambling to apply computer patches and restore infected ones, amid fears that the ransomware worm that seized-up 200,000 computer systems in...

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Former Reagan Administration Official Is Warning Of A Financial Collapse Some Time 'Between August And November'

Posted by Conspiracy Cafe on May 11, 2017 at 9:35 AM


By Michael Snyder, on May 7th, 2017


If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017. According to Wikipedia, David Stockman “is an author, former businessman and U.S. politician who served as a Republican U.S. Representative from the state...

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Global Collapse: Children Are Literally Starving To Death In Venezuela And Yemen

Posted by Conspiracy Cafe on May 7, 2017 at 9:00 AM


By Michael Snyder, on May 5th, 2017


Venezuela and Yemen were both once very prosperous nations, but now parents are literally watching their children starve to death as the economies of both nations continue to utterly collapse. Just like so many here in the United States, most of those living in Venezuela and Yemen would have called you completely crazy if you would have...

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The '51st U.S. State' Declares Bankruptcy As Corporate Insiders Sell Stocks At The Fastest Rate Since The Last Financial Crisis

Posted by Conspiracy Cafe on May 5, 2017 at 8:35 AM



By Michael Snyder, on May 3rd, 2017


Puerto Rico has collapsed financially and has “filed for the equivalent of bankruptcy protection”. When this was announced on Wednesday, it quickly made front page news all over the planet. For decades, Puerto Rico has been considered to be the territory most likely to become “the 51st U.S. state”, and there have even been rumblings...

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U.S. Auto Sales Plunge Dramatically As The Consumer Debt Bubble Continues To Collapse

Posted by Conspiracy Cafe on May 5, 2017 at 8:30 AM



By Michael Snyder, on May 2nd, 2017


One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry. We just got sales figures for the month of April, and every single major U.S. auto manufacturer missed their sales projections. And compared to ...

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The Ticking Time Bomb That Will Wipe Out Virtually Every Pension Fund In America

Posted by Conspiracy Cafe on April 5, 2017 at 8:45 PM


By Michael Snyder, on March 30th, 2017


Are millions of Americans about to see the big, juicy pensions that they were counting on to fund their golden years go up in flames in the biggest financial disaster in U.S. history? When Bloomberg published an editorial entitled “Pension Crisis Too Big for Markets to Ignore“, it simply confirmed what a lot of pe...

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