from Boom Bust:
You thought that $13-billion-dollar JP Morgan fine was steep? Well, the Fed just announced the big banks will have to keep $2 trillion in cash-and-liquid-assets –in order to withstand another systemic financial panic.
But, those wiley bank behemoths have already figured out a way to sidestep this buffer. We’ll tell you how.
And, after taking a pummelling overnight, the Nikkei stock index is sorting out the effects of Abenomics. Justine charts the volatility in the Yen, and John Mauldin, author of Code Red, joins us to weigh in on the dangers that lie ahead for the Japanese economy.
Finally, Rick Rule talks to Bob at the Casey Research Summit (http://www.caseyresearch.com) about political risk and the collapse in paper gold. Speaking of which, we’ll even tell you where gold-grows-on-trees! No lie.Help us spread the ANTIDOTE to corporate propaganda.
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