THEATER OF THE ABSURD: JPMorgan Makes $1 Billion From Gold Trading After Paying $1 Billion Fine For Manipulating Gold Trading

Source – zerohedge.com “…Investment banks have rarely made more than $1 billion in commodities in recent years, and none has ever before earned more than around $600 million in precious metals in a single year…Yet for JPMorgan, it was child’s play. Why? Because as some have said, the $1 billion criminal manipulation penalty was really a bribe…

VOODOO ECONOMICS: ‘The Real Looting in America’, How Taxpayers Subsidize Low Wages of Corporate Giants

Source – commondreams.org “…The Walton family became $63 billion richer during the pandemic, “while paying wages so low that 14,541 of their workers in 9 states need food stamps—all subsidized by U.S. taxpayers.” “The Real Looting in America”: How Taxpayers Subsidize Low Wages of Corporate Giants – By Jon Queally The Walton family became $63 billion richer…

AMERIKA: ‘Divided We Stand’, The One Chart That Predicts Our Future – By Charles Hugh Smith

Source – oftwominds.com “…America is now a rigidly two-tier society and economy. If you’re an executive at a big Wall Street investment bank, you can rig markets and embezzle billions and you’ll never face any personal legal consequences such as being indicted for fraud and being imprisoned. But try being an employee at a local credit…

REALPOLITIK: ‘Trump Vs Biden’, Will The Future Belong To The Patriots Or The Globalists?

Source – canadianpatriot.org “… It should also come as no surprise that the Great Reset Agenda designed to coordinate the “post-COVID world order” has nothing to do with any actual pandemic, and everything to do with imposing a new bankers’ dictatorship onto the nations of the earth” Trump Vs Biden: Will The Future Belong To The…

VOODOO ECONOMICS: ‘Don’t Blame Covid’, The Economy is Imploding from Over-Capacity & Corrupt Cartels – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…Here’s the fantasy: if we stop the shutdowns, the economy will naturally bounce back to its oh-so wunnerful perfection of Q3 2019. This is a double-dose of magical thinking and denial. The U.S. economy was unraveling in 2019 from 11 long years of Fed-induced over-capacity in almost everything (except integrity, competition, transparency and…

VOODOO ECONOMICS: The Earth’s Population is Shrinking – The Only Thing Increasing is the Number of Billionaires – By Vladimir Odintsov

Source – journal-neo.org “…In the United States, due to the ongoing sharp decline in American incomes, there has been a strong drop in the birth rate…The Brookings Institution published a negative forecast: in 2021, according to scientists, 500,000 fewer Americans will be born than demographers initially expected” The Earth’s Population is Shrinking – the Only…

DAS KAPITAL: “The Great Reset” Already Happened – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…Simply put, events outran our understanding of them. The future already manifested while we were trying to cram the present arrangement into an obsolete conceptual framework” “The Great Reset” Already Happened Put another way: the elites have cannibalized the system so thoroughly that there’s nothing left to steal, exploit or cannibalize. The global elites’…

VOODOO ECONOMICS: ‘Billion Dollar Joe’, A Whopping $14 Billion Was Spent In 2020 Election Campaigns

Source – themindunleashed.com “…Joe Biden is on track to be the first candidate in US history to end up raising $1 billion in a single election cycle…..Trump’s campaign for reelection said that Trump raised over $950 million during the 2020 election….Sheila Krumholz, executive director of the Center for Responsive Politics, said that billion dollar candidates…

CONTROLLED DEMOLITION: ‘ALICE’ Doesn’t Work Here Anymore – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…Neofeudalism: the modern-day equivalent of the landless (i.e. owns no capital) serf is a landless (i.e. owns no capital) debt-serf with student loans, an auto loan and credit card debt and income that is constrained by globalization, financialization and the scarcity of high-paying work that isn’t reserved for insiders and the privileged few who chose their…

VOODOO ECONOMICS: Nefarious Objectives – By Dimitry Orlov

Source – cluborlov.blogspot.com “…You readily identify this state of affairs as a pure pyramid scheme. Since pyramid schemes all fail…you start looking for a way to front-run its collapse in order to maintain control of the situation. Your main short-term objective would be to avoid a worldwide panic by placing the global economy into something…

AMERIKA: ‘Billionaire Boy’s Club’, The Best Democracy Money Can Buy

Source – strategic-culture.org “…It’s a dictatorship by America’s Republican and Democratic billionaires, no democracy, at all, and the vast majority of voters in each Party refuse to recognize this core reality about today’s America. To them, it’s Democrats versus Republicans, instead of billionaires versus the public. They are wrong, and they don’t even care that they are wrong” The Refusal…

VOODOO ECONOMICS: ‘Capitalism’ Is No Longer Attractive To Capitalists

Source – charleshughsmith.blogspot.com “…Go ahead and lie, cheat, embezzle, rig markets, commit fraud, collude–everything is allowed if you’re a powerful corporation because all your execs have get out of jail free cards… Nobody in Corporate America ever goes to prison no matter how egregious the fraud or theft. And you get to keep all the loot” “Capitalism”…

VOODOO ECONOMICS: ‘How Systems Collapse’, Reaping What We’ve Sown – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…In the pathological pursuit of “maximizing shareholder value,” Corporate America’s healthcare complex tossed community service and employees overboard….if a hospital fails to produce the profits demanded by corporate HQ, it’s closed, regardless of the negative impacts on the community. Sorry, folks, it’s just business” How Systems Collapse: Reaping What We’ve Sown –…

COVER-UP: ‘Renminbi Diplomacy’, How China Bought The US Government? – By Nauman Sadiq

Source – zerohedge.com “…Zero Hedge has laid bare how China’s state apparatchik clandestinely baited the family members of the Obama-era vice president and secretary of state into joint business ventures in order to surreptitiously influence the trade and economic policies of the US government favoring China’s geo-economic interests spanning the globe“ ‘Renminbi Diplomacy’: How China Bought The US Government?…

CONTROLLED DEMOLITION: ‘Chaos Theory’, What The Architects Don’t Want You To Understand About Economics

Source – canadianpatriot.org “…“What if a small group of world leaders were to conclude that the principal risk to the Earth comes from the actions of the rich countries? And if the world is to survive, those rich countries would have to sign an agreement reducing their impact on the environment. Will they do it?…

SCORTCHED EARTH: Charles Koch Should Have Been on the Presidential Debate Stage – Not Donald Trump

Source – wallstreetonparade.com “…Koch’s influence machine is multi-faceted and complex and I am just telling you, in a very honest way, there is a huge difference between the marketing materials produced by Americans for Prosperity and the actual behind-the-scenes political philosophy. There’ a huge difference. And here’s the actual political philosophy: “Government is bad. Public education must…

VOODOO ECONOMICS: ‘Pandora’s Box’, Fed’s Digital Currency Will Ignite An “Inflationary Conflagration”

Source – zerohedge.com “…Campbell correctly concludes, “with a flick of the digital switch, CBDCs can enable policymakers to meet, or cave in to, those demands – at the risk of igniting an inflation conflagration, abandoning what little still survives of sovereign fiscal discipline and who knows what else…Translation: buy gold. Lots of it” DoubleLine: The Pandora’s Box Of…

VOODOO ECONOMICS: Economy-Crushing COVID-19 Lockdowns Contributed To 100,000 US Deaths, New CDC Guidance Suggests

Source – zerohedge.com “…Unsurprisingly, the greatest number of excess deaths was recorded among the elderly population, which saw an additional 95,000 people between the ages of 75 to 84 pass away this year. That’s 21.5% larger than in a normal year. But the biggest increase, up 26.5%, was in people ages 25 to 44” Economy-Crushing COVID-19 Lockdowns Contributed…

SECRET SOCIETIES: John R. Hall Out’s The ‘Davos Despots’

Source – henrymakow.com – “…We all need to face the fact that we’re under attack by our own government.  Don’t cry about it, Democrats!  And, yes, it’s true Republicans!  Your beloved party leaders are ALL cooperating with the WHO and various United Nations organizations in implementing the Great Global Reset agenda of the Davos Despots”…

VOODOO ECONOMICS: ‘Social Engineers’, Catherine Austin Fitts on Klaus Schwab’s ‘Great Reset’

Source – home.solari.com – “….Professor Klaus Schwab founded and runs the World Economic Forum in Davos, Switzerland…The Forum has made a significant effort during 2020 to market the central bankers’ global reset to a non-financial audience” Book Review: Covid-19: The Great Reset by Klaus Schwab and Thierry Malleret “In Russia we only had two TV…

VOODOO ECONOMICS: Reaching for Guns & Money – By Vijay Prashad

Source – consortiumnews.com – “…The resources in the Democratic Republic of the Congo alone are estimated to be worth at least $24 trillion; meanwhile, despite Congo having half of Africa’s water resources and forests, 51 million of the country’s residents remain without access to potable water…. the debt-servicing payments for 2020-2021 would be between $2.7 trillion and…

VOODOO ECONOMICS: ‘The Naked Emperor’ Shut Up, Man! – By David Stockman

Source – davidstockmanscontracorner.com – “… the Donald won because the Establishment and its leading institutions…Have morphed into an arrogant, elitist, hypocritical, self-perpetuating ruling class that is failing miserably. And at the center of those great pods of failure is the fraud-ridden institution – the nation’s un-elected, out-of-control central bank – that has enabled the entire…

HIGH CRIMES: ‘Slight of Hand’ How Bankers ‘Cook’ The Books

Source – nakedcapitalism.com – “…The processes through which bankers extract benefits from the safety net closely resemble those of embezzlement and the rewards bankers garner usually rise to the level of grand larceny. The difference between street crime and safety-net abuse lies mainly in the class and clout of the criminal and the subtlety of…

VOODOO ECONOMICS: Climate & The Money Trail – By F. William Engdahl

Source – williamengdahl.com – “…The very mega-corporations and mega-billionaires behind the globalization of the world economy over recent decades, whose pursuit of shareholder value and cost reduction who have wreaked so much damage to our environment…are the leading backers of the “grass roots” decarbonization movement from Sweden to Germany to the USA and beyond. Is…

VOODOO ECONOMICS: ‘Slavers & Privateers’, Racism is Profitable – By Robert Reich

Source – robertreich.org – “…This cycle plays out in every aspect of our economy and is particularly apparent in mass incarceration.The criminalization of people of color is a multibillion-dollar industry: In 2017 alone, mass incarceration cost $182 billion; trapping mostly low-income Black and Latinx people in a cycle of economic and political disenfranchisement. If we follow…

VOODOO ECONOMICS: Commodity Markets Look Like a Complete Con Game – By Chris Powell 

Source – silverdoctors.com – “…The surreptitious rigging of the commodity markets long has been a government operation and is considered a matter of national security, a primary support of the dollar’s role as world reserve currency” Commodity Markets Look Like a Complete Con Game – By Chris Powell  Robert Kientz, proprietor of GoldSilverPros.com, last week gave…

DAS KAPITAL: Michael Hudson – ‘The U.S. is Saving the Financial Sector, Not the Economy…’

Source – michael-hudson.com – “…It often is easier to get rich in such times of disaster and need than in times of normal prosperity. While the U.S. economy polarizes between creditors and debtors, the stock market anticipates fortunes being made quickly from the insolvency of business with assets and property to be grabbed. Coupled with…

AMERIKA: ‘Divide & Conquer’, BLM’s War on the Deplorables – By Mike Whitney 

Source – unz.com – “…They need a flashy social justice organization (BLM) to divert attention from widening inequality, spiraling unemployment, ballooning poverty, shrinking growth, and the savage restructuring of the economy that is creating a permanent underclass forced to scrape by at food banks, homeless shelters and tent cities that are sprouting up across the…