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LinkedInJoseph talks about quantum teleportation and its implications for the hidden system of finance implied by the bearer bonds scandals, and for the western system of finance in general, and the relationship of this story to the stories of cyber warfare attacks on major Western and American banks. See the following article: The Race to Bring Quantum Teleportation to Your World … [Read more...]
AMERICA AND THE EUROPEAN BAILOUT
October 23, 2011 By
Well, it's now been a couple of weeks since we were cordially assured by M. Sarkozy and Frau Bundeskanzlerin Merkel that a new bailout deal was in the offing for Europe. Now, there's this, reported by Bloomberg on Oct 19th: Federal Reserve Now Backstopping $75 Trillion Of Bank Of America’s Derivatives Trades Bank of America, in other words, has now moved in such a way that the Federal Reserve must stand behind its bad European derivatives, and that means, as the article itself correctly concludes, "... that the investment bank’s European derivatives exposure is now backstopped by … [Read more...]