Posts by Jeff Berwick

We’ve reported over the years how the US government has instituted nefarious capital controls via the Foreign Account Tax Compliance Act (FATCA) which makes it very difficult for Americans to open bank accounts outside of the US.  And currently thrown into the Developing a Reliable and Innovative Vision for the Economy Act (DRIVE) act is an inclusion…

ZeroHedge carried an article on the Baltic Dry Index which measures global trade and announced, “It’s Official: The Baltic Dry Index Has Crashed To Its Lowest November Level In History.” The Baltic Dry Index measures freight travel around the world. If freight is not traveling from one country to another, then economic activity is probably…

An article circulating on the internet and entitled, “When will the Bank Bubble Burst”  makes some good points about the lurking catastrophe of world markets. Egon von Greyerz writes about an recent that took place at Deutsche Bank (DB), where a junior employee “paid $6 billion to a hedge fund which was the gross value…

Alternative media is increasingly euphoric about Vladimir Putin’s adventurism in Syria… and truthfully I have a hard time not enjoying Putin expose the West’s lies so easily and quickly. But we have more questions than answers, the biggest question being whether Russia’s entry is a kind of Shemitah trend. Certainly these days we are looked…