Source – realinvestmentadvice.com ‘‘…Amid a “market mania,” retail investors believe they have “knowledge” as every investment they make seems to be successful. As the bubble inflates, continued success breeds over-confidence to the point where it is widely believed “this time is different.” Knowledge Vs. Experience: Why Most Investors Wind Up Losing By Lance Roberts Knowledge…
Source – mercola.com ”…In the first quarter of 2021, 15% of U.S. homes sold were purchased by corporate investors — not families looking to achieve their American dream. The average American has virtually no chance of winning a home over an investment firm, which may pay 20% to 50% over asking price, in cash, sometimes…
Source – goldswitzerland.com “…In a world in which consumers, corporations, and sovereigns have falsely confused debt-based growth as actual growth, a liquidity crisis is not a theoretical debate, but a mathematical certainty. For years, self-serving politico’s, central bankers, Wall Street sell-siders, and a woefully unsophisticated cadre of main stream financial “journalists” have endeavored to downplay…
Source – journal-neo.org “…One of the rare honest statements by Bill Gates was his remark in early 2021 that if you think covid measures are bad, wait until the measures for global warming. The European Union is in the process of imposing, top-down, the most draconian measures to date, that will effectively destroy modern industry…
Source – wallstreetonparade.com “…But here’s the really dangerous and outrageous part of this. The OCC notes on page 10 of this report that “The four banks with the most derivative activity hold 88.4 percent of all bank derivatives.” In other words, four banks out of 4,989 U.S. banks are putting the entire system at risk”…
Source – oftwominds.com “…This wholesale transfer of wealth and income from workers to Capital was documented by a RAND Corporation report, Trends in Income From 1975 to 2018. Time magazine summarized the findings: The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90% — And That’s Made the U.S. Less Secure“ The…
Source – thesaker.is “…It is clear that the pandemic has vastly accelerated the on-gong shift in the international balance of power, away from the US and towards China. For former US Treasury Secretary, Lawrence Summers, it was likely a ‘hinge of history’: ‘[i]f the 21st century turns out to be an Asian century as the…
Source – gnseconomics.com “…During the past 100 years central banks have assumed a role in the economy that they were never meant to have. They attempt to direct the economy through interest rate manipulation and now they are even trying to control the capital markets through asset purchase programs, or QE. Next, they are likely…
Source – strategic-culture.org “…A mindset of full spectrum confrontation already sketched in the 2017 U.S. National Security Review is sliding fast into fear, loathing and relentless Sinophobia. Add to it the Russia-China comprehensive strategic partnership graphically exposing the ultimate Mackinderian nightmare of Anglo-American elites jaded by “ruling the world” – for only two centuries at…
Source – internationalman.com “… Why Gold? – By Adrian Day At a time when many investors are calling gold “a relic,” and many younger ones, in particular, are buying Bitcoin instead, it is worth going back to fundamentals and looking at gold’s role as money over thousands of years. I am not here to attack…
Source – internationalman.com “…Speculating has a bad name because it’s essentially a zero-sum game. It’s not about creating wealth but taking advantage of manias, panics, and general stupidity. But that doesn’t mean it isn’t a good thing. Speculators transfer wealth from those who have bad judgment to those who have good judgment, from bad capital…
Source – journal-neo.org “….By now it should be clear to anyone who bothers to look, that the person who claims to be US President, 78-year old Joe Biden, is not making any decisions. He even has difficulty reading a teleprompter or answering prepared questions from friendly media without confusing Syria and Libya or even whether…
Source – ronpaulinstitute.org “…Out-of-control inflation played a major role in the collapse of the German economy in the 1920s, which led to the rise of the National Socialists. This pattern could repeat itself in America where we have already witnessed the rise of authoritarian movements. Last summer, groups exploited legitimate concerns about police misconduct to…
Source – brucewilds.blogspot.com “…Please consider the possibility the important adjustments the economy must make are lagging far behind our current “financial culture” or that the economy has evolved in a way that simply no longer works. Much of this has yet to become apparent to the masses and is masked by institutions papering over problems….things like…
Source – economicprism.com “…How is it that the economy grew for nearly a decade straight, but the average worker saw no meaningful increase in their income? Did workers really sprint in place this entire time? How did they end up in this ridiculous situation?…The fact is, for the American worker, America’s brand of a centrally planned economy…
Source – otherwords.org “…There’s no labor shortage — there’s a wage shortage. More fundamentally, there’s a fairness shortage. It was not lost on restaurant workers, for example, that while millions of them were jobless last year, their corporate CEOs were grabbing millions, buying yachts, and living large. Yet more than half of laid-off restaurant workers couldn’t even…
Source – sputniknews.com “…While China has mastered itself in infrastructural projects over the past years, there is “the distinct technological gap” between the People’s Republic and most of the Western countries when it comes to infrastructure construction, the Chinese daily insists. When it comes to the US, it needs to fix its own old infrastructure…
Source – strategic-culture.org “…We are told by the likes of Klaus Schwab, or World Economic Forum trustees Mark Carney, Christine Lagarde, and Chrystia Freeland that the age of free market capitalism which reined from 1971-2020 has come to an end, and that a new epoch of “green finance” under a decarbonizing world is upon us.…
Source – economicprism.com “…Take Mickey’s Fine Malt Liquor. It’s almost as destructive as doctor prescribed pain killers. Yet people chug down Big Mouths as if their lives depend on it. Or consider central banking. Has any other single idea extracted more wealth from the lowly wage earner? The Federal Reserve’s backdoor taxation program has snookered…
Source – asiatimes.com “…Russia will totally ditch the US dollar in the structure of the National Wealth Fund (NWF)…The NWF will have more euros and yuan, more gold, and the yen’s share remains stable. This ongoing de-dollarization process has been more than predictable. In May, for the first time, less than 50% of Russian exports…
Source – greenwald.substack.com “… With AMC Stock Exploding Like GameStop Did, The Founder of r/WallStreetBets Speaks Out Jaime Rogozinski on the politics, purpose, ethos and future of a rapidly growing group of small online investors and activists masterfully gaming the financial casino. By Glenn Greenwald Major Wall Street hedge funds in January were shaken to…
Source – mises.org “…Rothbard’s approach is normative, based strictly on natural law justice principles rather than economic efficiency. Mises, by contrast, is a strong critic of natural law. His “rule utilitarianism” views markets as a form of social cooperation, and seeks rules of conduct which encourage such cooperation for land disputes. But both men recognize…
Source – endoftheamericandream.com “…There is no question that large corporations absolutely dominate our society today…Tens of millions of Americans make a living by serving these colossal firms, and at this point some of the biggest corporations are larger than many small countries. But of course the corporations aren’t the top of the food chain. They…
Source – lewrockwell.com “…The CIA doctored the boarding tapes of Islamic people boarding planes in Boston and blamed 9-11 on a failed former CIA asset named Osama bin Laden who had nothing to do with it …Then there was reason to send the army to Afghanistan, bin Laden’s lair, to take over the heroin/poppy trade…
Source – oftwominds.com “…The era of stability has ended and a new era of increasingly chaotic volatility has begun is not on anyone’s radar as a possibility..increasingly chaotic volatility will be the new normal, as wild swings between inflation and deflation will increase in amplitude and ferocity as the system destabilizes. Increasingly chaotic volatility is…
Source – davidstockmanscontracorner.com “…Yes, there is a reason why the crypto asset class is flying skyward just like more conventional assets: Namely, the real economy can’t possibly absorb the central banks’ torrent of liquidity. So it never leaves the canyons of Wall Street and the other global financial markets with which it is full integrated…
Source – zerohedge.com “…We discuss the harsh reality of a divided America, the fact that the Two-Party System in this country is destroying America from within, examine the importance of a strong manufacturing base for America, and finally illustrate the giant wealth transfer of the last 50 years that has contributed significantly to America’s decline…
Source – gizadeathstar.com “…Why, just think, if we added two more zeroes to that figure, we’d be at 14 and a half quadrillion dollars, which is the amount of bad derivatives sloshing around in the system according to some estimates. Think of that: $14,500,000,000,000,000. That’s more money than the entire gross domestic product of the…
Source – internationalman.com “…How is it that no matter how much more money I make, I never seem to get ahead?”…In effect, the individual is used by the banking system as a milk cow. For his entire working life, inflation is carefully adjusted to extract as much monetary value from his labours as possible, whilst…
Source – geopolitics.co “…The propaganda related to debt is very powerful. Most people have been conditioned to believe that we all have a moral obligation to repay debts.(21) The idea that debts are a powerful mechanism for controlling or exploiting others is rarely discussed….In business, it is accepted that debts can be written off. Lenders…
