Nillionaires: ‘Those having little to no money.’ By no meaning and no intention at all this post is meant to be funny or near funny, this is one of the biggest man-inflicted tragedies of our current times and sponsored by a host of leading nations on the planet, what we are living now is an example of where a group of criminal [Continue reading…]
On Wednesday, Fed Chairman Bernanke has said in principle with his decision to print further $ 85 billion per month that: The U.S. economy is a disaster and he cannot stop it. If he just pumps 10 or 15 billion less per month into the system, then this is disastrous for the economy.
Egypt and the Islamic loans – Egypt manoeuvres itself more and more into the situation of the late USSR. President Mursi (Morsi) nimbly takes out loans and debts. Meanwhile, there is also a so-called “Islamic loan” (Islamic economic jurisprudence), an interest-free loan, of 2 billion U.S. dollars from the neighbouring Libya for Egypt.