China to play greater role in Syria while US ‘left out’ … Are we seeing the start of a new anti-Islamic State coalition with Russia, Iran and China’s involvement in Syria? Today, Reuters follows up on this disturbing issue, and reveals that the Army’s finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced. If the institutions put cash on deposit as collateral, they will now face a negative charge.

Traders have to post collateral with clearing houses – funds which cover the cost of transactions if the trader is unable to pay the bills. The 70 largest companies which are heavily involved in financial trading, including other banks and pension funds, will face the charge when trading options and futures. Royal Bank of Scotland will impose negative interest rates on some of its biggest customers from Monday, as central banks’ sub-zero policies start to bite. Soros also famously “broke the Bank of England.” In 1992, he made a giant bet that the pound sterling, Britain’s currency, would crash.

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