
IMF Predicts Saudi Arabia Bankrupt by 2020
The IMF just confirmed Breitbart News’ October 5 warning that Saudi Arabia’s cash reserves are in free-fall, with a new estimate that the world’s richest kingdom may be bankrupt by 2020.

The IMF just confirmed Breitbart News’ October 5 warning that Saudi Arabia’s cash reserves are in free-fall, with a new estimate that the world’s richest kingdom may be bankrupt by 2020.

AFP reports that Turkish police have busted six suspected ISIS militants for attempting to illegally mint coins. It seems like one of the more bizarre crimes to emerge from the Islamic State chamber of horrors, but the report notes that ISIS has long been interested in creating its own currency to achieve a measure of independence from what it describes as “the satanic global financial system.”

Greeks are getting around what is delicately described as a “liquidity problem”—i.e. no money—by bringing back the barter system. It even has an Information Age twist: a bartering website with its own virtual currency system, and thousands of users.

One of the big problems with allowing an authoritarian communist/crony-capitalist regime to become a world financial leader is that they lie about everything. China’s long-concealed economic woes finally became impossible to hide, and we got a worldwide market panic that sent the

The value of the euro compared to major peer currencies is already dropping as the financial effects of the Greek ‘No’ vote in Sunday’s referendum filter into the global market. With analysts predicting banks facing funding crises and individuals unable to take their money from ATMs, volatility is set to reign for some time.

Supporters of the world’s wealthiest terrorist group, the Islamic State (ISIS), have begun circulating images on social media, confirmed by anti-ISIS activists, of gold coins minted within ISIS strongholds, allegedly a “currency” that will be put to use in the near future.

Three years before the Obama Administration cynically decided to remove Alexander Hamilton from the $10 bill and replace him with a woman, the Washington Post reported that Rachel Dolezal posted a video in which she ranted about the “older white

The value of Venezuela’s bolivar currency collapsed this month, as air carriers and U.S. automakers announce they will only do business in U.S. dollars.

Something is brewing in Europe now that has the Swiss National Bank worried. If you haven’t been paying attention in the last 24 hours, the currency and equity markets have been rocked by a surprise move to delink the existing currency peg

Last February, the New York Times editorial writer Joe Nocera raged against “The Bitcoin Blasphemy,” which he claimed was libertarian “sacrilege” since it is “unconnected to any currency or any government.” But try as they might, the leftist thought police at the Times that see bitcoin as an existential threat to “full faith” in the dollar and the U.S. government are failing.