Source – gizadeathstar.com – “…The speculation has occasionally been aired that China could, if it chose, suddenly dump all those dollars and securities…Such actions would achieve the nightmare scenario many have talked about over the years, but do so in a way to China’s economic and geopolitical advantage, rendering countries that have been sucked dry…
Source – thesaker.is – “…The post-Soviet collapse in the 1990s was not a failure of Marxism, but of the anti-socialist ideology that is plunging Western economies under domination by the Finance, Insurance and Real Estate (FIRE) sector’s symbiosis of the three forms of rent extraction: land and natural resource rent, monopoly rent, and interest (financial…
Source – yesmagazine.org – “…We can refuse to accept the pervasive, but false, claims that money is wealth and a growing GDP improves the lives of all”: (How to Break the Power of Money – By David Korten) Our current political chaos has a simple explanation. The economic system is driving environmental collapse, economic desperation,…
Source – yesmagazine.org – “…Both of these entail a fundamental change in the way money is created. Positive money refers to money created directly without debt by the government, which can be given directly to debtors for debt repayment or used to purchase debts from creditors and then cancel them. Negative-interest currency (which I describe…
Source – theantimedia.org – “…Since cryptocurrencies allow people to keep all of their money, this is a big problem for the lawmakers. Soon, people may even start to realize they can buy, sell, and trade freely without any government intervention. The horror”: The Feds Are Terrified Of Cryptocurrencies… But They’re Powerless To Stop Them The federal government…
Source – charleshughsmith.blogspot.ca – “…When the Empire of Finance collapses under the weight of its debt, perverse incentives, exploitation and inequality, the financial system of every nation-state within the Empire of Finance will collapse, too. Being the hegemon within the collapsing system won’t protect the hegemon from collapse. Every nation-state that has submitted to the Empire…
Source – globalresearch.ca – “…The US needs to also restructure its economy to one that is based on production. It can no longer continue to run a debt-serviced economy that imports all goods it doesn’t produce. It’s unsustainable, and the continuous mistake of many. The wealth of the world is shifting eastwards”: Petrodollar Faces Growing…
Source – norberthaering.de – “… The tempting attempts to impose de-cashing by a decree should be avoided, given the popular personal attachment to cash. A targeted outreach program is needed to alleviate suspicions related to de-cashing; in particular, that by de-cashing the authorities are trying to control all aspects of peoples’ lives, including their use…
Source – ellenbrown.com – “…A government oppressed by “sovereign” debt is not really sovereign. A sovereign government has the power to issue money and need not go into debt at all. But EU member governments have lost that sovereign power. They are unable to issue their own money or borrow money issued by their own…
Source – stuartjeannebramhall.com – “…The email identifies French President Nicholas Sarkozy as leading the attack on Libya with five specific purposes in mind: to obtain Libyan oil, ensure French influence in the region, increase Sarkozy’s reputation domestically, assert French military power, and to prevent Gaddafi’s influence in what is considered “Francophone Africa”: Hillary Emails Reveal…
Source – corbettreport.com – ‘…The theory that the bankers were behind the JFK assassination. The theory holds that JFK was trying to end the Fed by creating debt-free, silver-backed money through Executive Order 11110…this theory is not just wrong, it is the complete opposite of reality”: G. Edward Griffin Debunks the JFK/Fed Myth If you follow…
Source – nakedcapitalism.com – ‘…We have empirically observed that wage increases not only do not increase unemployment, but they also serve as a catalyst for economic growth and towards social equity. The US economy has plenty of needs that can be fulfilled by giving well-paying jobs to its unemployed. The $15/hour wage is not only…
Source – mises.org – “…The fall in the money stock that precedes price deflation and an economic slump is actually triggered by the previous loose monetary policies of the central bank and not the liquidation of debt…The un-backed credit in turn leads to the reshuffling of real savings from wealth generators to non-wealth generators. This…
Source – sovereignman.com – “…We now regularly witness government shutdowns, debt ceiling crises, and gross government incompetence. But this is just the beginning. The national debt is growing far faster than the economy as a whole. And, especially if interest rates continue to rise, the trend will accelerate – It’s simple arithmeti”:. The Final Show…
Source – dailyreckoning.com – “…If Saudi begins accepting yuan for oil, all bets are off on the petrodollar. Yuan-for-oil will entirely change the monetary dynamics of global energy flows. I expect the U.S. dollar to weaken severely when that news breaks…Ignore away. But we could wake up one morning in the midst of a massive…
Source – sovereignman.com – “…The most disruptive technologies of our modern time: cryptocurrency. Cryptocurrency is today’s printing press– a truly game-changing technology that the ruling elite sees as a threat to their control. This is why there have been so many ridiculous rules and tax policies that disincentivize cryptocurrency ownership– the technology is too disruptive”:…
Source – charleshughsmith.blogspot.ca – “…The debt-asset bubble supernova consumes all the available fuel and implodes. I’ve employed the supernova analogy for many years, as it captures the expansion of debt and asset valuations and the resulting collapse once all the fuel in the system (i.e. earnings and real collateral) has been consumed”: Will the Crazy Global…
Source – sprottmoney.com – “…The Top 0.1% create our “bubbles”, and they create our “crashes”, and they do so solely for their own, personal profit – heedless of the millions of lives which they damage and destroy with each of their cycles-of-crime. We already had proof that they created the bubbles. Their #1 henchman, B.S.…
Source – theeconomiccollapseblog.com – “…The hard fact is that the past decade’s $10 trillion in deficit spending has produced the worst economic growth as measured by Gross Domestic Product in our nation’s history. You read that right, in the past decade our nation’s economy grew slower than even during the Great Depression”: Over The Last…
Source – charleshughsmith.blogspot.ca – “…Can we finally admit that eight years of following the Keynesian coloring-book plan have not just failed, but failed spectacularly, and not just failed spectacularly, but made the economy even more vulnerable and fragile, as more and more future income must be devoted to service the skyrocketing debts?”: The Keynesian Cult…
Source – zerohedge.com – “…Following the 2009-2009 crisis, Americans reduced their debts to an unusual extent: a 12% decline from the peak in the third quarter of 2008 to the trough in the second quarter of 2013…Compared to 2008, balance sheets also look different now, with less housing-related debt and more, make that much, much…
Source – hendersonlefthook.wordpress.com – The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP Amoco and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does…
Source – dissidentvoice.org – Challenging the Car and Capitalism: Cars kill — millions of humans and animals around the world every year — but do they also destroy our sense of community and solidarity that is the foundation of socialism and progressive politics? In North America there is a strong correlation between automobile-dominated landscapes and…
Source – newsweek.com – How to Fix Poverty: Write Every Family a Basic Income Check: In the United States—as in all of the world’s wealthier nations—ending poverty is not a matter of resources. Many economists, including Timothy Smeeding of the University of Wisconsin (and former director of the Institute for Research on Poverty) have argued…
Source – stuartjeannebramhall.com – “…Oxford economists who study employment trends tell us that almost half of existing jobs, including those involving ‘non-routine cognitive tasks’ – you know, like thinking – are at risk of death by computerisation within 20 years. They’re elaborating on conclusions reached by two MIT economists in the book Race Against the…
Source – geopolitics.co – “…While Trump’s mighty pen may have already slain some dragons, other creatures will require a bit more work. And there is no more fearsome creature in Washington, DC than the US Federal Reserve, which possesses the power to make and break presidencies”: (Showdown Looming Between Donald Trump & US Private Central…
Source – ellenbrown.com – “…Reliance on costly private capital for financing public needs has limited municipal growth and reduced public services, while strapping future generations with unsustainable debt. By eliminating the unnecessary expense of turning public dollars into profits for private equity interests, publicly-owned banks can allow the public to retain ownership of its infrastructure…
Source – yesmagazine.org – “…Modern-day descendants of the Vikings top world lists for equality, health, standard of living, and even happiness…’Viking Economics’, The title refers not to the plunder practiced by old-school Vikings, but to the bold spirit of 20th century Scandinavians who agitated and organized for rights and services”: (What the U.S. Can Learn…
Soiurce – journal-neo.org – “…Rothschild & Co. Director, Andrew Penney noted that as a result, the United States today, “is effectively the biggest tax haven in the world.” Today Nevada, Meyer Lansky’s money laundering project of the 1930’s with established legalized gambling, is becoming the “new Switzerland”: (The Sinister Agenda Behind the Washington War On…
Source – internationalman.com – “…Trump recently said, “We will no longer surrender this country, or its people, to the false song of globalism…Trump might play along with the globalists’ schemes, but I doubt it. He’s the first president who’s openly and sincerely hostile toward globalism. He’s denounced it repeatedly”: (Trump And A New Gold-Backed Dollar…
Source – wakingtimes.com – “…At $2 trillion plus, the family’s reported wealth is closing in on five times as much as the combined wealth of the world’s top 8 individual billionaires, meaning that the Rothschild family alone controls more wealth than perhaps three-fourths or more of the world’s total population”: (Rothschild Family Wealth is Five Times that…
Source – zerohedge.com – “…A new Oxfam study revealed that not only 8 people own the same amount of wealth as (the poorer) half of the world…Moises Naim of the Carnegie Endowment for International Peace put it, “there is a consensus that something huge is going on, global and in many respects unprecedented. But we…
Source – zerohedge.com – “…despite being better educated, millennials now earn 20% less than boomers did at the same stage of life in 1989… the median college-educated millennial with student debt is only earning slightly more than a baby boomer without a degree did in 1989”: (Why Millennials Are Behind: They Earn 20% Less Than…
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