Boston Consulting Group (BCG), the omnipresent US-consulting company, and Google, the global data miner, issued a joint report in July 2016 on the “$500 bn Pot of Gold”, which is the Indian digital payment market. Even though the authors deny it, the report gives much reason to suspect that the authors knew that something radical […]
The European Ombudswoman has announced that she will investigate the membership of the President of the European Central Bank (ECB), Mario Draghi, in the Group of Thirty. this is a shadowy forum of the most senior executives from large commercial banks and the most important central banks.The Group of Thirty meets behind closed doors without […]
On rediff, one of India’s most popular news-sites, Badal Malick, CEO of the US-Indian anti-cash-organization Catalyst, explains via a friendly journalist, what Catalyst is doing and that my writing on Catalyst and on Washington’s meddling in the fight against cash in India was bogus. He did not convince me. Maybe he will convince you.
Last week, the Greek edition of my book “Die Abschaffung des Bargelds und die Folgen” (The Abolition of Cash and the Consequences) was published by Livanis. A book presentation took place at the Hilton Hotel in Athens, which is the operating basis of the Troika, the real government of Greece.
By Eric Bonse, Brussels.* The EU is moving further and further away from its ideals. Not only in Greece or Turkey, in Hungary or Poland – but also in France and Germany. The permanent state of emergency threatens.
When Prime minister Narendra Modi took the bulk of Indian cash out of circulation, he caused great hardship for many Indians, while a disruption-loving tech elite and political establishment asked for optimism and patience. In an earlier piece I have provided some indications for US involvement in that scheme. In this piece, I am adding some more, […]
In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington’s role has been disguised only very superficially.