Source – theorganiceconomy.ca – “…The present usury or interest based financial system is based upon infinite growth which means infinite inflation. This as we know means the cost of everything keeps rising due to that inflation. We wonder today how our children will ever be able to afford their own house and that is because…
Source – economicprism.com – “…The golden age of American prosperity was fun while it lasted. From the close of World War II into the 1970s, the rising tide of wealth lifted all boats. Since then, the appearance of prosperity has been preserved through the massive accumulation of debt…which was made possible with the Federal Reserve’s…
Source – mises.org – “…History, and in particular economic history, always shows both: common features and differences, and indeed, the American Empire is different from some of the former empires. Yet what the United States has in common with the former imperial states is that at some point the military extension becomes too complex to…
Source – journal-neo.org –‘…China’s bond market, the heart of the debt system, to be over $12 trillion, third behind Japan with $13 trillion and USA with $40 trillion, but larger than say UK or France. As China’s economy undergoes a major shift to current account deficit over the next few years, it must be able…
Source – zerohedge.com – “…Not just on millennials, but Americans in general. For example, we know that 14% of Americans have “negative” wealth. We also know that 62% of Americans don’t have emergency savings that could cover a $1,000 hospital visit or a $500 car repair” Here Are The Countries Where Millennials Will Have To Work Until They…
Source – wakingtimes.com – “…No one really knows how much wealth the Catholic Church controls, and the organization’s secrecy and obfuscation of the facts surrounding its wealth continues to lead investigators on a wild goose chase. The Vatican’s cashflow is in the hundreds of millions a year, individual holdings in the Vatican Bank total perhaps…
Source – yesmagazine.org – “…We must challenge its bogus claims as logical and practical fallacies. And simultaneously affirm the self-evident truth that: We are living beings born of and nurtured by a living Earth. Life exists—can exist—only in living communities that self-organize to create the conditions essential to life’s existence. Money is just a number,…
Source – charleshughsmith.blogspot.com – “…Something has changed and the change is deep in the very fabric of the Italian society. And the change has a name: it is the twilight of the age of oil. Wealth and energy are two faces of the same medal: with less net energy available, what Italians could afford 50…
Source – theinstitutionalriskanalyst.com – “…Despite growing evidence that negative interest rates are injurious to economic growth, housing affordability and employment, among other things, economists at the various central banks persist in calling for more of the same bad medicine. How many times must we hear central bankers express “surprise” that inflation remains low when they…
Source – mises.org – “…It’s comforting to think there is some time or place in which human beings were not troubled by feelings of unhappiness, emptiness, or inadequacy. It’s unclear, however, where or when this place has existed. In the mean time, few seem willing to give up their modern amenities to investigate first-hand” Capitalism…
Source – zerohedge.com – “…Instead of signing on to OECD’s system, the U.S. is sticking with the Foreign Account Tax Compliance Act, or FATCA, which has created loopholes for people putting foreign money in the U.S. Offshore specialists follow the cash. Geneva-based Cisa Trust Co. has applied for a license in South Dakota and Trident…
Source – econimica.blogspot.com – ‘…To simplify what is taking place…the high and upper middle income nations 0-15yr/old populations together….represent 90% of the global income, savings, and access to credit. They consume 90% of the global energy and purchase 90% of the global exports…it takes 15 more poor nations inhabitants to replace the loss of every…
Source – bullionstar.com – “…There is also ample evidence about central bank manipulation documented in various places including on the GATA website. The motivations for such central bank interventions include protecting the existing financial system, engineering low real long term interest rates, and preventing gold acting as a barometer of inflation” Gold & Silver Price…
Source – gunsandbutter.org – “…The international drive to de-dollarize..was a reaction against the U.S. policy of siphoning off the commanding heights of foreign economies. The United States wants to control their raw-materials exports, especially their oil and gas. It wants to control their financial system, so that all of their economic gains will go to…
Source – unz.com – “…The result of today’s alliance of the Finance, Insurance and Real Estate (FIRE) sector with natural resource and infrastructure monopolies has been to reverse that the 20th century’s reforms promoting progressive taxation of wealth and income. Industrial capitalism in the West has been detoured along the road to rent-extracting privatization, austerity…
Source – zerohedge.com – “…The Trump administration’s incessant sanctions wars are curbing the dollar’s global hegemony and speeding the demise of U.S. empire.” Weaponizing the Dollar – By Patrick Lawrence The signs are mounting steadily now. As the Trump administration weaponizes the dollar in defense of American hegemony, it is prompting many other nations to…
Source – williamengdahl.com – “…Until now China has been the apparent winner of the post-1990s globalization model. How Beijing manages its banking problems in the coming months may determine if that incredible record will continue. The challenge is real” The Role of Debt and China’s Shadow Banking System: Is Baoshang Bank China’s Lehman Brothers? –…
Source – washingtonsblog.com – “…This isn’t an error. It’s a lie accepted as a desirable myth: “Today it’s widely accepted that meritocracy and aristocracy have become one and the same. The lords of the universe are not sitting on trust funds. . . . [M]ost of the new lords achieved perfect or near-perfect scores on…
Source – zerohedge.com – “…The very last thing Europe needs is a monetary policy experiment or continuation of an existing policy of financial repression, which lead to an erosion of purchasing power, income inequality, and the rise of populism. It occurred 100 years ago, and people remember how it all ended up. We should do…
Source – schiffgold.com – “…Money-printing and interest rate manipulations fuel booms and the inevitable attempt to return to “normalcy” precipitates busts. In simplest terms, easy money blows up bubbles. Bubbles pop and set off a crisis. Rinse. Wash. Repeat” How The Fed Wrecks The Economy Over And Over Again – By Michael Maharrey When people…
Source – yesmagazine.org – “…The basic frame of 21st century economics contrasts sharply with that of the 20th century economics it must now displace. The new frame is far more complex and nuanced. Yet most people can readily grasp it because it is logical, consistent with foundational ethical principles, and reflects the reality that most…
Source – mises.org – “…The standard explanation for Rome’s decline and fall is that they devolved into dictatorships (true, but not the cause of their fall). Or they became decadent and corrupt (true, but not the cause of their fall). They fell to barbarian invasions (true, but not the cause of their fall). Rome fell…
Source – zerohedge.com – ‘…Zuckerberg’s dive into digital currencies as (one of) the drivers of the recent renaissance in cryptocurrencies…others fear Facebook’s Libra is a ‘trojan horse’ to centralized (not de-centralized) control of billions of people’s wealth and an acceleration of the push for a cashless society” ‘Game Changer’, Is Libra The Trojan Horse For…
Source – economicprism.com – “…The political, financial, economic, and social foundations that have been in place over the last 75 years – and perhaps, over the last 220 years – are breaking down. And no policy directive, no interest rate adjustment, no trade tariff, no five year plan, no extraordinary measures, no green new deal,…
Source – sovereignman.com – “…One thing is certain– banks are in big trouble. They’ve had a monopoly on our money for thousands of years and have abused this trusted privilege countless times. Today, the primary functions of banks– holding deposits, making loans, payments & transfers, and exchanging currency– can all be done better, faster, and…
Source – ellenbrown.com – “…The message to middle America is that Chinese labor costs are low because their workers are being exploited in slave-like conditions at poverty-level wages. But if that’s true, how is it that the great majority of Chinese families own homes? According to a March 2016 article in Forbes: … 90% of…
Source – economicprism.com – “…As you can see, U.S. financial markets have been rigged for at least three decades. But what do you expect in a fake money system where expediency takes priority? One expedient after another, year after year, decade after decade, has devised a system of chaos” Fed Chair Powell’s Plan To Pickle…
Source – oftwominds.com – “…If we take off our rose-colored glasses, we have a much more stratified economy and society than we might like to believe…The “middle” has eroded away, leaving the top 15% who are doing very well in the status quo and the bottom 85% who are struggling to maintain a meaningful sense…
Source – realinvestmentadvice.com – “…The end game of three decades of excess is upon us, and we can’t deny the weight of the debt imbalances that are currently in play. The medicine that the current administration is prescribing is a treatment for the common cold; in this case a normal business cycle recession. The problem…
Source – thesaker.is – “… A series of studies hit President Trump’s desk and caused panic in Washington. These showed that in the case of the Strait of Hormuz being shut down, whatever the reason, Iran has the power to hammer the world financial system, by causing global trade in derivatives to be blown apart.…
