Here’s a quick video summary of the Reserve Bank Of New Zealand’s Open Bank Resolution (OBR) scheme. Implemented in June 2013 as an alternative to a government (i.e. tax payer) bail out of any failed bank in New Zealand, this rather innocuous sounding name actually means a Cyprus like bank “bail in” or depositor “Hair […]
Tag Archives: financial crisis
21
Jan
Jan
It might seem like there is not much reason to internationalise your assets here in rosy looking New Zealand. However the time to prepare is not when trouble appears but rather when it seems far on the horizon. In this piece from the International Man we get a look into what to consider from a […]
08
Nov
Nov
Chris Martenson has a real ability to explain things simply and clearly as he does so well in his crash course. (If you have yet to watch the Crash Course, we posted a summary of this along with a condensed video of it 4 years ago. See this link: Chris Martenson’s Condensed Crash Course). In […]
24
Oct
Oct
Gold Survival Gold Article Updates Oct. 24, 2013 This Week: Rick Rule at the Sydney Gold Symposium 2013 John Butler: Game Theory, China and the end game Gold Market Prognostications from PAMP’s Head of Sales Gold and silver both jumped higher on Tuesday night supposedly due to weak US jobs numbers – who knows why […]
24
Sep
Sep
Doug French, who also features regularly in Laissez Faire Club, takes a look at the comeback of debt. (Actually did it ever really go away?) In this piece he looks at sovereign debt, corporate debt and even the return of subprime mortgage debt. Scarily, across the globe we look to be repeating, to some degree […]