Category Archives: banking system

The Crypto-Ruble

Russia’s Crypto-Ruble Just Changed the Game by Tom Luongo … The goal with Russian official crypto-policy is to stamp out the illegal activities … while simultaneously using the technology to modernize Russia’s internal capital handling capabilities. … By taxing crypto-rubles at the … Continue reading

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The Crypto-Race is On!

Russia wants to take the lead in getting the blockchain quantum-ready. If no one does this, then in a few years when quantum computers are commercially available, no blockchain will be safe from hacking. Whoever does do this will own … Continue reading

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Lagarde goes Virtual

Lagarde is getting us ready. LONDON (Reuters) – Global usage of the International Monetary Fund’s in-house currency, the special drawing right (SDR), could get a boost from the growth of digital currencies, the Fund’s managing director, Christine Lagarde said on … Continue reading

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Dollar’s End

A Failing Empire, Part 2: De-Dollarisation – China and Russia’s Plan From Petroyuan To Gold Tyler Durden Oct 4, 2017 The largest geo-economic change in the last fifty years was arguably implemented (in 1971 when Nixon closed the gold/dollar window … Continue reading

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Russia goes Virtual!

Megafon Issues Russia’s First Crypto-Bond October 4, 2017 / Tom Luongo For months now Russia has been moving into the blockchain space in a serious way. I’ve talked about these moves in previous articles (Etherium: Russia’s new Oil, Bitcoin as … Continue reading

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BOJ buys Japan

So what happens when the Bank of Japan has purchased the entire stock and bond market of Japan? Can they even get there before what happens actually does happen? Will that event be the default of Japan aka the prophecy … Continue reading

Posted in banking system, bond market crisis looms, credit bubbles, ETFs, financial collapse, financial crash, financial system, Japan, market meltown, stocks and bonds, world markets | Tagged , , , , | Leave a comment