Source – scheerpost.com “…From the housing crisis to the pandemic, all disasters are an opportunity for plunder of the vulnerable. As Prins writes: “The world’s 10 richest men more than doubled their fortunes from $700 billion to $1.5 trillion at a rate of $15,000 per second, or $1.3 billion a day during the first two…
Source – bitcoinmagazine.com ‘…The frustration that this must have left Cassadra suffering is a sensation rather familiar to most Bitcoiners. All of us who understand our monetary system, realize how bad it is. Shockingly, this is not because any of us have been taught about it. It’s not taught in grade school or anywhere else…
Source – theguardian.com ‘…As I keep stating, the Great Crisis… the one to which 2008 was a warm-up, has finally arrived. In 2008 entire banks went bust. In 2022, entire countries will do so” What Happens to Stocks When the 5th Largest Economy in the World Goes Bust? By Graham Summers, MBA (Also Read: Liz Truss resigns,…
Source – charleshughsmith.blogspot.com “…Being a doom-and-gloom Bear stops being fun when the Bear Bar gets crowded. When everyone has moved to our side of the boat, the grizzled Bears get nervous, especially when they peer over at the Bull side of the boat and see a handful of dispirited Bulls ignoring the guy yelling at the…
Source – themarket.ch ‘…My forecast is unchanged: This is structural in nature, not cyclical. We are experiencing a fundamental shift in the inner workings of most Western economies. In the past four decades, we have become used to the idea that our economies are guided by free markets. But we are in the process of…
Source – preppgroup.home.blog “…The collapse in prices during the Great Depression particularly hurt farmers who relied on commodity prices. Newsreels from the early 1930s show farmers dumping grain on the ground and pouring out milk because they could not sell them” The Day All the ATMs Ran Out of Cash By Milan Adams Money plays…
Source – home.solari.com “…They are doing everything they can to collapse the market share of the euro and then move that into the dollar syndicate…the Fed is going to keep doing this for some time now. They don’t mind, as you learned from the pandemic, collapsing the small business side of the economy or collapsing…
Source – fractalenlightenment.com “…The grip of money and its use in the modern world has had a long and gritty history up unto the present day. The glint of treasure in the gluttonous eye has transmuted into an illusionary form of currency, but perhaps one that is much more dangerous and accountable for our burning…
Source – thegreatrecession.info ‘…Thanks to Uncle Ben’s perverted rice, the US was able to reinflate the crashed housing bubble and make it grander and more precarious than ever before so that we can now re-pop the bubble all over again — something they said couldn’t be done when they told us there was no moral…
Source – themostimportantnews.com “…I came across a tweet from a 47-year-old lawyer that really hammered this point home…-20 years ago, working as a server, I lived in a corner 1 bdrm apt downtown with amazing water views for $700/month. -A similar apt now $3,600/month, more than 5x as much. -As a lawyer at age 47…
Source – zerohedge.com “…Recessions, debt, energy crisis, inflation and wars… it’s all somehow related at a global level, impacting nearly all economies and markets. It also all seems to be going badly for the “rules based global order,” or as some prefer to call it, “the empire of lies.” The real war: it’s people vs.…
Source – mises.org “…In other words—and this must be perfectly clear—you don’t need to speculate about a conspiracy to realize that our global elites have powerful economic incentives to wage endless “wars” against bad guys; rather, you simply need to understand that American military might necessarily makes the dollar the world’s reserve currency, which necessarily…
Source – unz.com ‘…U.S. strategists must have a game plan for how to proceed from here. They will try to maintain a neoliberalized global economy for as long as they can. They will use the usual ploy for countries unable to pay their foreign debts: The IMF will lend them the money to pay –…
Source – oftwominds.com “…Anyone who helps me re-think a position and hedge risk is a friend, not a threat….The US dollar will only continue strengthening, crushing the euro to .80, the yen to 250, the yuan to the depths of Heck, etc. It will not crash or die, not now and not in five years…
Source – commondreams.org “…The clandestine world of financial secrecy stretches around the world, all the way back to the United States,” says the report, which comes one year after the groundbreaking Pandora Papers investigation revealed how the U.S. has become a major player in the international wealth-hiding system—on par with Switzerland, Panama, the Cayman Islands,…
Source – multipolarista.com ‘…Basically for hundreds of years, and still in many, many countries, Germany to China, education is free, because you want the population to be education…Basically, if education should be free, students shouldn’t have to run into debt to get it. And in fact, I think in Germany, not only is education free,…
Source – thesaker.is “…Approx. 80% of global external debt is owed by the advanced countries (the US, its close Allies, and Europe), while a mere 0.88% (US$ 866 Bill) is owed by Africa comprising 54 countries. And even then, more than half of the African debt is owed by just three countries. As for Asia,…
Source – gizadeathstar.com “…I PROMIS you there’s no backdoor in your crypto-currency and that you have absolutely nothing to worry about, and that all central banksters are entirely trustworthy, have no powerlust whatsoever, that all governments are equally trustworthy and would never permit such a thing to be done, and that the bridges I have…
Source – strategic-culture.org “…There is no imminent “civil war” coming to the United States between Republicans and Democrats. There is only one war that has been going on for many years: class war…Talk of civil war in the U.S. is a convenient chimera for suppressing real political awareness and democratic progress” The Convenient Chimera of…
Source – oftwominds.com “…The 1997 book The Fourth Turning: An American Prophecy proposed a cyclical pattern of four 20-year generations which culminate in a national crisis every 80 years. The book identifies these dates as Fourth Turnings: 1781 (Revolutionary War), 1861 (Civil War) and 1941 (global war). add 80 years and voila, 2021″ The Fourth…
Source – lewrockwell.com “…In 1909, the Arizona Gazette reported that the Smmithsonian was researching a manmade cave structure. Carved deep within the solid rock, 1,486 feet below the surface in Marble Canyon, big enough to house 50,000 people, with rooms filled with golden artifacts, mummies and Egyptian hieroglyphs dating back 3,000 years, to the Ramses…
Source – sovereignman.com – “…Japan’s stock market peaked in late 1989 with its Nikkei index reaching nearly 39,000. Within a few years the Nikkei had lost half of its value and would ultimately fall by 80%. Even today, thirty years later, the Nikkei index is still 40% below its all-time high. There is no law…
Source – taibbi.substack.com “…The Fed — whose officials always used dullness and inscrutability to deflect public scrutiny — is nearly impossible to make interesting and understandable. Leonard pulls it off. A neophyte will come away from The Lords of Easy Money understanding the mechanics of money creation, and the bank’s awesome influence in widening the…
Source – zerohedge.com “… “Putin Has Pushed Europe Into An Inflationary Depression And Currency Collapse” “Truss-itory” Inflation and Soviet Planning By Michael Every With US markets closed yesterday for Labor Day all the action was in Europe – and given that Nord Stream 1 had been shuttered and the European Commission had floated war economy…
Source – alt-market.com – “…For the past several decades the dollar as the world reserve currency was the core of globalist influence, this is about to change and we can see the signs today…The death of the dollar and physical cash is only the primer for a new and even more invasive world order” The…
Source – journal-neo.org “…imagine people who have trillions, instead of billions, and how come you know nothing of them! These people run the show folks, not Jeff Bezos or any of the other front men set up for the blaming game…The “real” evil geniuses who’ve run our civilized circus of political ideologies in practice, they’re…
Source – usawatchdog.com “….We almost had a collapse in 2008, and it was patched up temporarily. This time they won’t succeed…We have a situation nobody can solve…Initially, there will be money printing, but adding new debt to pay old debt is not a great solution to the problem. I don’t think there will be any orderly…
Source – veteranstoday.com “…Argentina is now on its 21st IMF agreement and eighth Default! Sri Lanka negotiating a 17th IMF agreement having defaulted for the first time in April this year…However, the strategic Indian Ocean island perpetually in the cross-hairs of big power rivalry appears to be in the midst of asset stripping ex-ante IMF…
Source – oftwominds.com “…America’s financial punditry is bewitched by four fatal fantasies…All of these are fantasies, fantasies that are fatal because they’re flat-out false. The Fed has no control over supply-driven inflation, which is what we have now…The fantasy that the Fed can reduce supply-driven inflation arising from systemic constraints on essential inputs is not…
Source – epbmacroresearch.com “…Real home prices are going to fall, and it’s going to cause a massive negative wealth effect. Real home prices are much more impactful for the wealth effect compared to nominal home prices. Many people invest in real estate as an asset to beat inflation. If inflation is 10% and your home…
Source – nationandstate.com “…Things are really happening, and fast. And the West is really in deep trouble on many fronts – many self-inflicted. Frivolity and been the order of the day for far too long….The UK, and the West, must focus on the structural ‘Heartland’ challenge –however flawed that rival also is– and now scarce…
Source – zerohedge.com “…From 2008 to 2018, the Fed increased its balance sheet (money printing) by five times (5x) Since that time it has doubled again through mid-2022 so now it is 10x the size of what it was in 2008. That is crazy and irresponsible, to say the least! Monetary history of 2000 years…
Source – wallstreetonparade.com “…The Fed is doing something it’s never been allowed to do in its 109 years of operation. And, it’s doing it without any pushback from Congress…when the Fed would simply flip the bird to Congress and effectively rewrite the Federal Reserve Act, giving itself the power to make trillions of dollars in…
