BIS: The Most Powerful Bank In The World Announces The Crash

The Bank for International Settlements (BIS) is the current situation on the financial markets as worse than before the Lehman bankruptcy. The warning of the BIS could be the reason why the U.S. Federal Reserve decided to continue indefinitely to print money: Central banks have lost control of the debt-tide and give up.

The decision by the U.S. Federal Reserve to continue indefinitely to print money (here ) might have fallen on “orders from above”.

Apparently, the central banks dawns that it is tight.

Very narrow.

The most powerful bank in the world, the Bank for International Settlements(BIS) has published a few days ago in its quarterly report for the possible end of the flood of money directly addressed – and at the same time described the situation on the debt markets as extremely critical. The “extraordinary measures by central banks” – aka the unrestrained printing – had awakened in the markets the illusionthat the massive liquidity pumped into the market could solve the fundamental problems (more on the huge rise in debt – here ).

This clear words may have meant that Ben Bernanke and the Federal Open Market Committee, the Fed got cold feet. Instead, as expected, which is now formally announcing the end of the flood of money, the Fed has decided to just carry on as before.

If one is to the BIS experts believe that no single problem is solved.

All problems are only increasing.

Because the BIS but apparently does not know how they get the genie back in the bottle, it pays to listen to those who were part of the system – but now have no official functions and therefore more able to find clear words.

BIS veteran says global credit excess worse than pre-Lehman

Extreme forms of credit excess across the world have reached or surpassed levels seen shortly before the Lehman crisis five years ago, the Bank for International Settlements has warned.

The Swiss-based `bank of central banks’ said a hunt for yield was luring investors en masse into high-risk instruments, “a phenomenon reminiscent of exuberance prior to the global financial crisis”.

This is happening just as the US Federal Reserve prepares to wind down stimulus and starts to drain dollar liquidity from global markets, an inflexion point that is fraught with danger and could go badly wrong.

“This looks like to me like 2007 all over again, but even worse,” said William White, the BIS’s former chief economist, famous for flagging the wild behaviour in the debt markets before the global storm hit in 2008.

Worst Financial Crisis since 1931? German State-Owned Banks on Verge of Collapse

The German government has had to bail out state-owned banks with taxpayers’ money after their managements recklessly gambled away billions on subprime investments. But if a state-owned bank were to go under, the consequences could be disastrous for the whole economy.


Nouriel Roubini ‏@Nouriel 8 h
By too early taper talk starting in May the Fed caused a spike in long rates that weakened growth & forced it NOT to taper today

Gregor Peter ‏@L0gg0l 8 h
@Nouriel In other words: They don’t have the balls for taper

Ellinas ‏@BrokerTrader15 8 h
@L0gg0l @Nouriel exactly right.. They will just inflate markets even more to make it worse when they do decide to taper..

Gregor Peter ‏@L0gg0l 8 h
@BrokerTrader15 @Nouriel As the addict says: Just one last shot, then I’ll stop

Ellinas ‏@BrokerTrader15 8 h
@L0gg0l @Nouriel Then when the withdrawal begins, watch out!! the #Fed has no idea what they are creating here

Nouriel Roubini ‏@Nouriel 8 h
By too early taper talk starting in May the Fed caused a spike in long rates that weakened growth & forced it NOT to taper today

Gregor Peter ‏@L0gg0l 8 h
@Nouriel In other words: They don’t have the balls for taper

Marc Faber Warns “The Endgame Is A Total Collapse – But From A Higher Diving Board Now”

“My view was that they would taper by about $10 billion to $15 billion, but I’m not surprised that they don’t do it for the simple reason that I think we are in QE unlimited. The people at the Fed are professors, academics. They never worked a single life in the business of ordinary people. And they don’t understand that if you print money, it benefits basically a handful of people maybe–not even 5% of the population, 3% of the population. And when you look today at the market action, ok, stocks are up 1%. Silver is up more than 6%, gold up more than 4%, copper 2.9%, crude oil 2.68%, and so forth. Crude oil, gasoline are things people need, ordinary people buy everyday. Thank you very much, the Fed boosts these items that people need to go to their work, to heat their homes, and so forth and at the same time, asset prices go up, but the majority of people do not own stocks. Only 11% of Americans own directly shares.”

Former World Bank whistle blower

The meltdowns of meltdowns is coming:

Open Your Eyes


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  • Greg Burton

    Well, it was either:

    *Prosecute the bankers for the toxic mortgage/LIBOR scams that impoverished the world, making beggars out of all of us; and for fanning hyper-inflation (QE1, QE2, QE3, QE?) that will result in food riots.
    *Stop the looting and privatization of the world’s social safety net and public space, a result of imposed “austerity” due to the toxic mortgage/LIBOR/Social Security rip-off scams.
    *Punish the banking cartel’s multi-billion dollar drug-money laundering operations.
    *Investigate and punish the Bush-CIA-mafia S&L pillage.
    *Investigate why jobs and manufacturing are being out-sourced to China, how China came to own most US debt that financed the US war against…China, why China is buying up US assets at fire sale prices, even as the US is threatening war against China as it threatens the US economy (national security).
    *The US government does everything within its power to stop the radiation spewing from Fukushima, and investigate the connections between the Fukushima, Stuxnet, HAARP and nuke created earthquakes.
    *Investigate who was really behind 9/11, the false-flag terrorist attack that touched off the serial, never-ending wars of pillage against the nation-states of the world, and created the pretext for the massive police state edifice now threatening the freedoms of everyone, providing the “legal basis” for FEMA camp round ups.


    The US government continues its wars of pillage against the nation states of the world, stands by while the economic crisis destroys the ability of cities and towns to protect their own citizens, it confiscates the guns, the DHS buys 2.0 billion hollow-point bullets while providing “tanks” US cities and towns, the government buys thousands of “FEMA coffins”, flys soon to be weaponized drones over everywhere, Israeli contractors run US NSA spying out of Mormon Utah, stages military hardware in preparation for the coming US melt-down, and destroys the social safety net, thus making being elderly, homeless, jobless and hungry a crime (useless eaters).

    • Dave_Mowers

      You forgot one point;

      *Begin lending at zero percent interest to 5% interest loans, credit lines and financial products directly from the people’s bank, the Federal Reserve, to the people but only if they have incomes of less than $100,000.00 a year and/or assets of less than $250.000.00. Wow, solving poverty by using money to support the dreams and fancies of the poor EXACTLY what just happened in the bail outs and SEVEN SECRET LENDING PROGRAMS that gave away 16 trillion dollars and up to 37 trillion dollars in support to the richest, most successful Americans in world history; cause you know they are the ones suffering and in dire need of help.

  • nonolamo

    holy shit this was horribly written.. “Instead, as expected, which is now formally announcing the end of the flood of money, the Fed has decided to just carry on as before.” .. if you’re writing about shit like this, you don’t fuck up sentences that badly.. I smell bullshit

  • Katy Henderson

    Wow, who the heck wrote this article!! They really need to learn English and grammar–this is horrible! “Apparently, the central banks dawns that it is tight.” Go back and take writing classes if you are going to “write articles”….atrocious!

    • Lou

      Sounds like a poor translation of an Asian language publication.