KW: No comment! IMF admits disastrous love affair with the euro, apologises for the immolation of Greece The IMF’s chief Christine Lagarde is presiding over an organisation that is almost out of control Ambrose Evans-Pritchard 28 JULY 2016 • 8:38PM The International Monetary Fund’s top staff misled their own board, made a series of calamitous…

KW: Plenty of influential financial commentary are asking questions like will this require a ‘bail-in’. We have been here before. Reuters Italy’s third-biggest lender, Monte dei Paschi di Siena, has received a last-minute rescue proposal by Swiss bank UBS, just hours before it is due to unveil its own bailout plan to meet regulators’ concerns…

KW: So here you are having enjoyed impressive returns on your KiwiSaver account that is invested into markets where the big boys are giving up and saying ‘we are lost, we don’t understand this anymore’. We have warned time and again of markets being totally manipulated by Central banks around the world and so the…

KW: Repeated here is a quick analysis of IBM copied nearly verbatim from a newsletter I receive. It covers some of the accounting trickery that corporations are doing today. It’s not only IBM, its right throughout the range of the S&P500 stocks and I place this to show you just how rigged markets are and…

KW: Sooner or later they might succeed and inflation will arrive, but then what? How much inflation, will it be hyper inflation? No one knows so the money printing goes on and on. The monetary policy beatings will continue until morale improves. Eight long years after monetary policy experimentation went extreme, Reuters reports the amount…