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.…
Source – tomdispatch.com – ‘…Consider this: the world’s richest 1% own 45% of total wealth on this planet. In contrast, 64% of the population (with an average of $10,000 in wealth to their name) holds less than 2%. And to widen the inequality picture a bit more, the world’s richest 10%, those having at least…
Source – economicprism.com – “…After Nixon removed the discipline of gold from the world monetary system the money supply could be inflated without limits. For U.S. consumers, this translated into consumer price inflation. Things got ugly quick…The capital defect of America’s contrived economy is the capital itself. Namely, it’s fake. The importance of this defect…
Source – ellenbrown.com – “… After the dollar went off the gold standard in 1933, Congress could have had the Fed just print money and lend it to the government, cutting the banks out. But Wall Street lobbied for an amendment to the Federal Reserve Act, forbidding the Fed to buy bonds directly from the…
Source – oftwominds.com – “…As the world slides into an era of scarcities, what will matter more than “money” are the essentials of survival: fresh water, energy, soil and the output of those three, food. The ability to secure these resources will separate nations that fail and those that survive” Forget “Money”: What Will Matter…
Source – economicprism.com – “…As China reaped more and more of the Fed’s fake money, Beijing had to debase the Chinese yuan at greater and greater rates to keep their cheap labor advantage over U.S. workers. Year after year, decade after decade, the U.S. heartland was hollowed out and deindustrialized, and its prior vitality was…
Source – thesaker.is – “…So now China is an existential threat to the United States. Does this not sound like creating the basis for war talk to you? What of this is different from the Russia derangement? It is just the same old story, the same old positioning of creating enemies, using different words. Civilizational…
Source – southfront.org – “…This hybrid warfare will be accompanied by a level of official propaganda that will make for example the current “Russiagate” reporting pale in comparison…Instead, that propaganda will be used to justify internal political censorship and repression, on a scale even greater than we have seen used against the Yellow Vests protests…
Source – charleshughsmith.blogspot.com – “…In a credit-bubble boom-bust economy, everyone must become a brilliant, savvy trader/gambler or they risk losing it all…The greatest sin in America is to recognize downward mobility is now like gravity: the upper-middle class household that loses a high-paying job and places the wrong bet in the credit-bubble casino is one…
Source – charleshughsmith.blogspot.com – “…Turning everything into a tradable market is not what actually happened. What actually happened is that the new markets were quickly dominated by monopolies and cartels, and previously safe assets were financialized and securitized, in effect strip mining the unwary of their income and assets…The net result is we have an…
Source – economicprism.com – “…What’s the real source of the working stiff’s grave economic discomfort?…today’s great chasm between rich and poor – is the product of central planners. Not the Soviet style central planner that dictated prices with ridiculous five year plans. But, rather, a more covert central planner that draws down the value of…
Source – marketwatch.com – “…Millennials say they feel pressure to keep up with their friends’ spending — and of those, nearly half say that social media posts of friends’ vacations and lifestyles contribute to that pressure…Meanwhile, Millennials have virtually no money – with 60% of them having less than $500 in savings, and 45% of…
Source – robertreich.org – “…While the wealthy and powerful are coddled with public largesse, the rest of us are thrown into the jaws of an unforgiving economic system…Around 60 percent of America’s wealth is now inherited. Many of today’s superrich have never worked a day in their lives” Socialism for the Rich, Capitalism for the…
Source – paulcraigroberts.org – “…In America today the population is drowning in unpayable debts—student loan debt, credit card debt, home mortgage debt, state and local government debt, and business debt—but policymakers have reserved forgiveness only for the debt associated with the bad and irresponsible investments of the big banks and financial institutions. The Federal Reserve…
Source – https://www.yesmagazine.org/@@also-by?author= – “…More than 25 bills are now active, and dozens of groups are promoting the idea…California and Washington state are vying to form the nation’s second state-owned bank, following in the footsteps of the highly successful Bank of North Dakota, founded in 1919” The Public Banking Revolution Is Upon Us – By…
Source – zerohedge.com – “…At a current rate of about $36 billion a year, this is a cost to the Treasury that is indefensible. This amount is about half the budget for food stamps, for example, which politicians want to cut. There is no provision for these funds ever to be paid back. It is…
Source – commondreams.org – “…Are contemporary capitalist societies ready to embark on transitions to genuinely non- or post-capitalist societies? Such transitions’ central strategy is to displace the hierarchical, undemocratic, employer-employee organization of capitalist enterprises with democratized workplaces. Notions of economies built on workers’ self-governing cooperatives existed throughout human history. They rise now again as small…
Source – marketsanity.com – “…The narrative put forward by mainstream financial press regarding the financial crisis of 2007 – 2009 has generally labelled it as “the Lehman event”. What I’ve come to learn is that mainstream monikers seldom describe the true nature of the underlying. One only need ask if they really believe the “Patriot…
Source – charleshughsmith.blogspot.com – “…It’s much cheaper to buy political adjustments to the new taxes via lobbying and campaign contributions than paying the extra $180 billion. A mere $10 million will buy a great deal of political adjustments, and $100 million will get pretty much whatever you need in the way of political adjustments” There…
Source – globalresearch.ca – ‘…The facts are now long in. Corporate globalization is not only out of control. It is eating the world alive at all levels towards cumulative collapse of organic, social and ecological life organization. Global competition means, in fact, the majority’s life means and security keep falling as the environment is looted…
Source – oftwominds.com – ‘…The sacrifices required to live in high-cost urban areas are no longer worth it: traffic congestion, long commutes, high-stress jobs, homelessness and decaying infrastructure are outweighing the benefits of hipster urbanism. Although it’s verboten to mention this in the we’re so fabulous local media, many of these high-cost urban regions are…
Source – jonrappoport.wordpress.com – ‘…Monsanto and Facebook illustrates how, at the top of the food chain, there is connected wealth. These investment funds can, if they choose to, intercede in companies’ proxy votes to alter company policy. And of course, in case a company decides to take a controversial stance on a political issue, or…
Source – batr.org – “…What will fix the economy is the American populists’ version of social credit…Repudiate debt to the bankers who have defrauded us with their system where all of the money is loans that have to be paid back as principal plus interest. The terms are impossible to meet in the aggregate; and…
Source – economicprism.com – ‘…Over issuance of dollars by the Fed, and the forced use of legal tender, have replaced real money with fake money. The fake money’s still called dollars. The One Dollar bill says it is One Dollar. Yet it’s really just $0.04. The other $0.96 has been confiscated by the Fed for…
