Source – journal-neo.org – “…The Great Depression…was brought on by an economy bloated with debt and easy money during the Roarin’ Twenties boom. Hoover was blamed and lost re-election to Democrat FDR with his New Deal. Behind all were the actions of the Federal Reserve, the real power. Soon it will be clear if 2020…
Source – https://acting-man.com – “…We are merely at the beginning of the phase when the lagged effects of the massive slowdown in money supply growth are playing out…the Fed somehow seemed unprepared and quite surprised by the extent of the liquidity shortage. We would submit that this fact alone is a good reason for markets…
Source – bloomberg.com – “…One of the engines that drove a global economic recovery after the last two downdrafts in America – the relatively shallow one in 2001 and the catastrophe that began in 2007 – was China. As the financial crisis escalated, Beijing opened a floodgate of credit and cut interest rates, which stoked…
Source – yesmagazine.org – “…Our current banking model is based on extraction,” she says. She also spoke on the Bank of North Dakota, saying that it has existed for 100 years, and it is currently in its 15th consecutive year of profit even though it is not mandated to be profitable, but to serve the…
Source – moneymaven.io – “…The reserve currency irony is that despite protestations of US advantage, no country wants the alleged advantages the US purportedly receives….Despite moaning about the dollar, China does not want to have the world’s reserve currency because it implies running trade deficits in which other nations accumulate yuan reserves” “Nixon Shock’, the…
Source – russia-insider.com – “…China’s stunning success primarily has to do with its superior economic planning and social governance. Call it Stalinism 2.0. Under Stalin, the USSR was able to produce steady double digit growth rates through a combination of central planning and market mechanisms. It also had some 4 million political prisoners, which, for…
Source – truthout.org – “…Global firms, led by Blackstone Group…are able to buy up entire neighborhoods and essentially do what they like with them… This powerful synergy of gentrification and financialization — fueled by the trend toward privatization of municipal housing — has tragic human costs. PUSH gives voice to many of the people suffering…
Source – economicprism.com – “…In a world with $17 trillion in negative yielding debt and asset prices – including U.S. Treasuries – bubbled up beyond comprehension, the Fed has fabricated a financial system that’s reliant on extreme central bank intervention to remain solvent. Over the last two weeks the Fed has pumped hundreds of billions…
Source – riggedgame.blog – “…The worst of it is that regulators on neither side of the pond have seen fit to rein in the dangerous interconnections that Deutsche Bank has as a major derivatives counterparty with mega banks on Wall Street as well as other European banks…After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank…
Source – lewrockwell.com – “…Let’s try to clear up a few more myths. Did Lincoln issue greenbacks in defiance of British “money power”? In other words, was his war waged as an act of rebellion against European colonialism?…Thomas DiLorenzo: Lincoln spent his entire life in politics, from 1832 until his dying day, as a lobbyist…
Source – truthout.org – “…The alleged full employment,” Komlos writes, “is a statistical mirage designed to hide the real pain in the labor market,” exacerbated by wage stagnation for 40 years and actual decline: “Real median household incomes have been declining for every educational group since the turn of the twenty-first century,” for those without…
Source – unz.com – “…In other words, during the housing market collapse, when wealthy investment bankers were losing a lot of money (and before they got it back during the bailout), workers’ hourly compensation jumped up faster than productivity for the first time in decades – though not by nearly enough to close the gap,…
Source – schiffgold.com – “…Peter reiterated what he’s been saying for months…we need to go through the recession and higher rates are part of the cleansing process. But the Federal Reserve has no stomach for doing what’s right, so, they will cut interest rates becuase that’s what the addicts on Wall Street demand. So, we’re…
Source – truthdig.com – “…It is about the capitalists running scared. They know the reigning ideology of neoliberalism no longer has any credibility. Its lies have been exposed…They know the media, Wall Street and the big banks are distrusted and hated. They know the criminal justice system, which criminalizes poverty and legalizes corporate fraud, is…
Source – globalresearch.ca – “…He then goes on to outline is a remarkably detailed blueprint for global central bank transformation of the dollar order, a revolutionary shift. Carney discusses the fact that China as the world leading trading nation is the obvious candidate to replace the dollar as leading reserve…history teaches that the transition to…
Source – yesmagazine.org – “…On the Clock – Depression and anxiety are perfectly normal reactions to the insanely stressful world we’ve built for ourselves. Suppressing our humanity is exhausting. It’s driving us crazy. It’s ruining our experience of life. It’s making us sick and terrified and cruel and hopeless. And it’s killing us” What Low-Wage…
Source – thesaker.is – “…The Western world is in turmoil: the previous overwhelming geopolitical domination is gone and over with; military solutions against the main adversaries – China and Russia – are off the books; hybrid wars against them have failed; China and Russia are economically stronger than ever, too strong for the adversary; and…
Source – silverdoctors.com – “…The Globalists have printed many more dollars than are officially on the books… the purchasing power of the dollar is going to be diminished as the story about the “missing” $21 trillion gains traction around the world” Rob Kirby: Protect Your Money Before It’s Too Late Dunagun Kaiser of Reluctant Preppers…
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…
