Source – fortuneandfreedom.com CBDCs: Digital Wolves In Sheep’s Clothing By John Butler People like to remark that governments foster innovation, especially during wartime. They also like to ignore the slaughter of millions which is usually part of this process. That is not to mention the innovators we missed out on as a result. The latest…
Source – charleshughsmith.blogspot.com Who Would Benefit From A Severe Global Recession? Authored by Charles Hugh Smith As painful as this liquidation and repricing of risk is for borrowers and lenders, those without debt, those with cash and those with essential skills that are in demand regardless of boom or bust will all benefit. Who would…
Source – dailyreckoning.com. On The Cusp Of A Global Liquidity Crisis By Jim Rickards Is there a financial calamity worse than a severe recession in early 2023? Unfortunately, the answer is “yes” and it’s coming quickly. That greater calamity is a global liquidity crisis. Before considering the dynamics of a global liquidity crisis, it’s critical…
Source – stuartbramhall.wordpress.com FDIC Bankers Discuss ‘Bail-Ins’ To Deal With Approaching Market Collapse Easy Money Federal Deposit Insurance Corporation (FDIC) officials recently discussed how to deal with the next approaching market collapse and hide alarming data from depositors to prevent bank runs, video of a meeting shows. The FDIC’s Systemic Resolution Advisory Committee (SRAC) held a…
Source – internationalman.com The Financial “Samson Option” and What You Need To Do Before Governments Use It by Nick Giambruno AddThis Sharing Buttons Share to FacebookFacebookShare to TwitterTwitterShare to More More In the early ‘90s, legendary investigative journalist Seymour Hersh revealed the “Samson Option,” a secret Israeli nuclear deterrence strategy. It states that in a…
Source – oftwominds.com My One Prediction for 2023 – By Charles Hugh Smith The question that should be on our minds is: how are my household’s buffers holding up? Lists of predictions for the new year are reliably popular. Here’s 10 predictions, there’s 17 predictions, over here we have 23 and a half… let’s strip…
Source – asiatimes.com Cryptocurrency markets are primed for contagion Next big collapse is a question of “when” not “if” – and whether governments can work fast enough to regulate Financial contagions can be triggered easily, if conditions are right. First one financial institution falls and then others follow, like a chain of falling dominoes. The cinder that…
Source – oftwominds.com Why the Next Decade Will Not Be Like the Previous 40 Years By Charles Hugh Smith The mainstream assumption is the status quo will continue on much as before. This isn’t just unlikely, it’s impossible if total energy produced and consumed declines. Correspondent C.A. submitted this insightful interview with economic strategist and…
Source – lewrockwell.com The Businessman and the Holy Family By Llewellyn H. Rockwell, Jr. At the heart of the Christmas story rests some important lessons concerning free enterprise, government, and the role of wealth in society. Let’s begin with one of the most famous phrases: “There’s no room at the inn.” This phrase is often…
Source – internationalman.com Doug Casey’s Top 4 Predictions for 2023 International Man: What important trends do you see unfolding in 2023? Doug Casey: Perhaps the biggest turning point in recent modern history will turn out to be 2020. Governments and their minions found novel ways to gain huge amounts of control. These things were well underway before…
Source – internationalman.com A $100 Trillion Market Ripe For Disruption by Nick Giambruno AddThis Sharing Buttons Share to FacebookFacebookShare to TwitterTwitterShare to More More (El Salvador’s Volcano Bonds are the biggest thing to happen to Bitcoin since its birth in early 2009. If you missed my recent dispatch, click here to get up to speed.)…
Source – wallstreetonparade.com Mr. Gensler, the U.S. Stock Market Structure Is an Institutionalized Wealth Transfer System By Pam Martens and Russ Martens Gary Gensler, SEC Chairman The Chairman of the Securities and Exchange Commission, Gary Gensler, announced in June that he was going to tackle the structure of the U.S. stock market – ostensibly to make…
Source – schiffgold.com Everything Is Fine… Until It Isn’t For months, Peter Schiff, me, and a few others have been saying the economy is teetering on the brink of a collapse. But nothing has happened. Are we just wrong? It would be easy to conclude that we’re crying wolf. But before you write us off,…
Source – truthtalk.uk Global Central Banks Racing to Implement Digital Currencies as Cities Convert to ‘Smart’ Infrastructure By Leo Hohmann Track and control grid being erected right under our noses The Central Bank of Nigeria announced it will begin, effective in January, restricting cash withdrawals from banks and ATMs to just $45 per day as…
Source – wallstreetonparade.com SM…Yes but, he did say “sorry” & is thus absolved from all his sins…. Sam Bankman-Fried: The Rigged Wall Street System that “Valued” His Company at $32 Billion By Pam Martens and Russ Martens If you have been following the Sam Bankman-Fried and FTX crypto exchange story since the company filed for bankruptcy…
Source – oftwominds.com This Is of Course Insane – By Charles Hugh Smith Greed is a powerful motivation to be an ardent believer in the central banking cult. The ideal cult convinces its followers that it isn’t a cult, it’s simply the natural order of things. In current terms, this normalizes insane behaviors and beliefs.…
Source – thecradle.co The Global South births a new game-changing payment system Challenging the western monetary system, the Eurasia Economic Union is leading the Global South toward a new common payment system to bypass the US Dollar. By Pepe Escobar Photo Credit: The Cradle The Eurasia Economic Union (EAEU) is speeding up its design…
Source – zerohedge.com Banking Elites Are Using Crypto Bloodbath And FTX Fraud To Justify CBDCs Central bankers and international corporate financiers have long been pretending to hate the very concept of cryptocurrencies like Bitcoin and Etherium while at the same time investing heavily in blockchain technologies and infrastructure. The purpose of the ruse is not…
Source – alexkrainer.substack.com “The economy” vs. prosperity By Alex Krainer The term “economy” gets tossed about in the media every day, personified in statements like, “the economy is slowing down,” “the economy is stagnant,” or “the economy is booming.” The unspoken assumption is that we all know exactly what “the economy” is. But what most…
Source – oftwominds.com Demographic Cliff + Let It Rot = Collapse of Global Growth As workforces shrink and opting out becomes increasingly attractive, Global Growth implodes on both the production and consumption sides. A funny thing happened on the way to permanent global growth. Actually, three funny things happened. One is the cheap, easy-to-access materials…
Source – wallstreetonparade.co FTX Was Creating Money Out of Thin Air Like the Fed; and Trading Its Own “Stock” Like the Wall Street Mega Banks in their Dark Pools By Pam Martens and Russ Martens On June 10 of last year, Wall Street On Parade penned this headline: Seven Years after Michael Lewis Described on National…
Source – thecradle.co Goodbye G20, Hello BRICS By Pepe Escobar The redeeming quality of a tense G20 held in Bali – otherwise managed by laudable Indonesian graciousness – was to sharply define which way the geopolitical winds are blowing. That was encapsulated in the Summit’s two highlights: the much anticipated China-US presidential meeting – representing…
Source – oftwominds.com Where Crypto Went Wrong By Charles Hugh Smith You want to fix the world with finance? Then fix this: wages’ share of a financialized, globalized, speculative-bubble dependent economy have been falling for decades. Fix this and you really will change the world. Anything less changes nothing. Let’s start by stipulating my perspective…
Source – economicprism.com Death to Zombies By MN Gordon On Thursday, the Bureau of Labor Statistics reported that consumer prices, as measured by the consumer price index (CPI), inflated at an annual rate of 7.7 percent in October. Investors went bananas on this apparent pullback in the headline CPI. The stock market responded with one…
Source – forbiddenknowledgetv.net The FTX Collapse Explained in 99 Seconds By Alexandra Bruce (Also Read: Theft At FTX @ https://blog.portfolioarmor.com/2022/11/12/friday-night-theft-at-ftx/) The Gateway Pundit reports: “The word is now out. The Democrats sent tens of billions to Ukraine and then laundered this money back to Democrat pockets and funds in the US. Now the company is…
Source – wallstreetonparade.com The Crypto Billionaire Featured on the Cover of Fortune in August Has Flamed Out in One Week By Pam Martens and Russ Martens (Also Read: From $16 billion to zero: Fortune of FTX’s Bankman-Fried wiped out in days – One of history’s greatest-ever destructions of wealth @ https://financialpost.com/personal-finance/high-net-worth/from-16-billion-to-zero-fortune-of-ftxs-bankman-fried-wiped-out-in-days) The August/September cover of Fortune…
Source – mises.org The End of World Dollar Hegemony: Turning the USA into Weimar Germany By Patrick Barron In a recent essay, I explained how over time the US abused its responsibility to control the supply of dollars, the world’s premier reserve currency for settling international trade accounts among nations. This abrogation of its duties is…
Source – mises.org The Petrodollar-Saudi Axis Is Why Washington Hates Iran Authored by Gary Richard Kish, since you are wondering, is an Iranian island in the Persian Gulf famed for its tourist and shopping attractions. It is becoming a serious rival to other nearby vacation hubs in Doha and Dubai. Along with pristine beaches and…
Source – zerohedge.com Whitney: The One Chart That Explains Everything Look at the chart below. The chart explains everything. Authored by Mike Whitney, It explains why Washington is so worried about China’s explosive growth. It explains why the US continues to hector China on the issues of Taiwan and the South China Sea. It explains why…
Source – economicprism.com Are You Ready for the Coming U.S. Government Default? By MN Gordon The vast herd of investors are a deluded crowd. Following the Federal Reserve’s much anticipated 75 basis point rate hike on Wednesday the major stock market indexes jumped upward. Optimistic investors keyed in on the Federal Open Market Committee (FOMC)…
Source – oftwominds.com The End Of The Growth Road – By Charles Hugh Smith Everyone caught by surprise that the infinite road actually has an end will face a bewildering transition. The End of the “Growth” Road is upon us, though the consensus continues to hold fast to the endearing fantasy of infinite expansion of…
Source – wallstreetonparade.com SM:…”Pay To Play” justice – It’s a Big Club & you ain’t in it…… JPMorgan Chase Quietly Settles Whistleblower Case Involving Charges of Keeping Two Sets of Books and Improper Payments to Tony Blair By Pam Martens and Russ Martens It was a lawsuit that should have made front page headlines in every…
Source – resilience.org Health & welfare in a small farm future: Part 2 – a game of Monopoly By Chris Smaje It’s tempting to divert from my present cycle of posts to address the latest melodrama in the ongoing dark comedy of British parliamentary politics. However, it’s a temptation I’m going to resist. There are some things…
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