CONTROLLED DEMOLITION: ‘Exposing The Deception’, How The US Economy “Grew” By $140 Billion As Americans Became Poorer

Source – zerohedge.com – This is simply stunning. Regular readers will recall that last month, at the same time as the US Bureau of Economic Analysis reported was a far better than expected 3.9% GDP (since revised to 5.0% on the back of the previously noted Obamacare spending surge), it also released its Personal Spending…

VOODOO ECONOMICS: ‘The Alchemy of Synthetic Finance’, The convergence of banking, technology and the occult (Archive)

Source – wakeup-world.com – This past week, the world’s vultures – the economic power elite – met in Davos to discuss the maintenance of their global fiat hegemony. Highlights included furthering austerity measures, noting that the serf class can’t expect air conditioning and cars, as well as cheering on the death of privacy through the rise of technocracy.…

VOODOO ECONOMICS: ‘Negative Interest Rates’, Debt is Better than Cash? …Who’s Running the Monetary Asylum Anyway? – By Bill Holter (Flashback)

Source  – globalresearch.ca  – Two days ago Reuters reported the 3 month “Euribor” went into negative interest rate territory. In this missive I will try to make sense of this as to “why or how” this could happen. I do not believe there is an answer other than the madness and insanity of being locked…

THE MONEY MASTERS: Why Does No One Speak of America’s Oligarchs? – By Yves Smith

Source  – nakedcapitalism.com – “Yet despite his depiction of extensive parallels between the role played by oligarchs in emerging economies and the overwhelming influence of the financial elite in the US, there’s been a peculiar sanctimonious reluctance to apply the word oligarch to the members of America’s ruling class”: – One of the striking elements…

DAS KAPITAL: ‘Web of Debt’, Exploring The Myths About Money – By Ellen Hodgson Brown

Source  – webofdebt.com – “Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as “derivatives,” which now tallies in at hundreds of trillions of dollars”: Our money system is not what we have been led to…

VOODOO ECONOMICS: Who Owns the Land? – “The Crown”, a private corporation owned by a small group of the world’s wealthiest people (Archive)

Source – zengardner.com – “Facts about land use in the UK. (Much of this may apply, with local variations to the USA, Canada, Europe, Australia and NZ). “The Crown” is a private corporation owned by a small group of the world’s wealthiest people, directed by a committee of 12 men, from “The City” approximately 1…

CORPORATE WELFARE: Leading Countries Spend $200 Billion a Year Subsidizing Fossil Fuels, OECD – By Larry Elliott

Source – readersupportednews.org – Rich western countries and the world’s leading developing nations are spending up to $200bn (£130bn) a year subsidising fossil fuels, according to a report from the Organisation for Economic Cooperation and Development. The Paris-based thinktank said its 34 members plus six of the biggest emerging economies – China, India, Brazil, Indonesia,…

VOODOO ECONOMICS: Who is Responsible for the Economic Collapse in the US? – By Grete Mautner

Source – journal-neo.org – “…The American Thinker is predicting an abrupt rise in political violence in the United States, while arguing that wars begin when, in a major crisis, no peaceful solution can be found. Americans are at or near that point. Unfortunately, most people are not going to acknowledge the truth until it is too…

VOODOO ECONOMICS: Hitler’s American Business Partners, Ford, General Motors and IBM

Source – matrixbob.wordpress.com – “..Henry Ford, the automobile manufacturer; James D Mooney, the General Motors manager; and Thomas Watson, the IBM boss were all awarded the Grand Cross of the German Eagle — the Nazi’s highest distinction for foreigners for their services to the Third Reich”: (Hitler’s American Business Partners: Ford, General Motors and IBM)…

VOODOO ECONOMICS: Central Banks Are Trojan Horses, Looting Their Host Nations (Archive)

Source – zerohedge.com  – “…Tim Geithner – as head of the Federal Reserve Bank of New York – was complicit in Lehman’s accounting fraud, (and see this), and pushed to pay AIG’s CDS counterparties at full value, and then to keep the deal secret”: (Central Banks Are Trojan Horses, Looting Their Host Nations) A Nobel…

REBEL YELL: ‘F@#k Work’, Cybernated Production, Surplus Humans, and Dis-engaged Elite Entitlements

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…

VOODOO ECONOMICS: ‘The Big Short’, Housing Bubbles and Retold Lies – By Paul Krugman (Archive)

‘Source – nytimes.com – In May 2009 Congress created a special commission to examine the causes of the financial crisis. The idea was to emulate the celebrated Pecora Commission of the 1930s, which used careful historical analysis to help craft regulations that gave America two generations of financial stability. But some members of the new…

CORPRO-FASCISM: Engineering War, The US Used to Make Bullets to Fight Wars – Now They Make Wars to Sell Bullets

Source – whatreallyhappened.com  – The US has been at war some 222 years of its 239 year existence, which is 93% of the time. We have the most powerful military in the world, bigger and more powerful than the next 14 countries combined, most of which are our allies. (Graph): Wars are created as a…

VOODOO ECONOMICS: Which Assets Are Most Likely To Survive The “System Reset”? – By Charles Hugh Smith

Source – charleshughsmith.blogspot.ca – “…Your skills, knowledge and social capital will emerge unscathed on the other side of the re-set wormhole. Land and real property you own free and clear (no debt) is likely to remain in your possession, as long as you can pay soaring taxes/junk fees during the crisis phase. Your financial assets held…

VOODOO ECONOMICS: It’s Time We Talked About Our Owners

Source – riggedgame.blog – “…Rigged Game: The table is tilted, the dice are loaded, but you’ve still got to play”…In the banking industry, the top four shareholders of JP Morgan-Chase (BlackRock, Vanguard, Fidelity, and State Street) are also the top four shareholders of Bank of America and four of the top six shareholders of Citigroup,…

THE MEDIA MONOPOLY: Reality Vs. The “Recovery” Narrative – By C. Jay Engel

Source – mises.org – “…This is the Fed’s predicament. They’ve held that the dual mandate was their only guide, but it’s becoming quickly evident how irrelevant those numbers are. As it turns out, the third quarter’s 3.5% GDP number was not a sign of coming paradise, but was rather a mocking anomaly”: (Reality Vs. The…

VOODOO ECONOMICS: President Trump’s ‘Nationalist Capitalism’, An Alternative to Globalization? – By Prof. James Petras

Source – globalresearch.ca – “…Trump is a capitalist-nationalist, a market-imperialist and political realist, who is willing to trample on women’s rights, climate change legislation, indigenous treaties and immigrant rights…  He has surrounded his Cabinet with military imperialists, territorial expansionists and delusional fanatics”: (President Trump’s ‘Nationalist Capitalism’, An Alternative to Globalization? – By Prof. James Petras)…

DEAD MEN DON’T TALK: ‘Eye of a Looming Storm?’, Those Banksters Deaths & More Missing…(Part 1) – By Joseph P. Farrell

Source – gizadeathstar.com – “…If the name William Broeksmit sounds familiar, it should for he’s one of those “suicided” bankers, as the article also notes, for when the whole plan exploded into public view in Italy in 2013, it was accompanied by two more of those suspicious “banker deaths”, one of whom was William Broeksmit,…

VOODOO ECONOMICS: The Sinister Agenda Behind the Washington War On Cash – By F. William Engdahl

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…

VOODOO ECONOMICS: Rothschild Family Wealth is Five Times that of World’s Top 8 Billionaires Combined – By Isaac Davis

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…

CONTROLLED DEMOLITION: Despite Being Better Educated, Millennials Now Earn 20% Less Than Boomers Did At The Same Age

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…

CRONY CAPITALISM: ‘Institutionalized Racketeering’, Central Bank Inflation and Cartel Cronyism – By Charles Hugh Smith

Source – oftwominds.com – “…Cartel cronyism is a hidden tax on the entire economy, as is Central Bank-created inflation. That makes it easy for the financial-political Oligarchy to continue their skimming operations, because nobody says Cartel Cronyism cost us $1 trillion last year, and central bank skimming (inflation) cost us another $1 trillion” (We Can…

DAS KAPITAL: The Era Of Cheap Money Is Ending, “This Is The Calm Before The Storm”

Source – shtfplan.com – “…this massive monetary shift – it will rock global events, and likely overshadow almost anything else taking place during 2017 and the years that follow it”…With nearly 50 million people dependent on food stamps in this country, no job growth, stagnant wages and a hungry, desperate and idle population drowning in debt,…

VOODOO ECONOMICS: How Trump’s Extremism May Help Us Expose One of History’s Greatest Political Deceptions

Source – yesmagazine.org – “…The success of the con depends on cultivating the illusion that money is wealth and whatever grows financial assets creates wealth….The illusion becomes increasingly vulnerable to exposure as the actual consequences play out: the decimation of the middle class, the environment, and democracy—and the resulting anger that Trump so skillfully exploits”:…

DAS KAPITAL: A Tale of Two Housing Markets, Hot and Not So Hot – By Charles Hugh Smith

Source – oftwominds – “…Creative class wages are highest in the regions with strong GDP expansion and concentrations of GDP, capital and talent. Attracting the most productive workers requires hefty premiums in pay and benefits, as well as interesting work and opportunities for advancement. That people will make sacrifices to live in these areas should…

VOODOO ECONOMICS: Why the Massive Expansion of “Money” Hasn’t Trickled Down to “The Rest of Us” – By Charles Hugh Smith

Source – washingtonsblog.com – “…In my book A Radically Beneficial World, I propose a way of creating and distributing money at the bottom of the pyramid to those who are creating value in their own communities, as opposed to only creating new money in the top of the pyramid and only distributing it to the…

CONTROLLED DEMOLITION: Here Are The Countries Where Millennials Will Have To Work Until They Die

Source – zerohedge.com – “…Not just on millennials, but Americans in general. For example, we know that 14% of Americans have “negative” wealth. We also know that 62% of Americans don’t have emergency savings that could cover a $1,000 hospital visit or a $500 car repair”: (Here Are The Countries Where Millennials Will Have To Work Until They…

VOODOO ECONOMICS: When the global housing bubbles collapse like a row of dominoes

Source – doctorhousingbubble.com – “…Reading through the comments on the Canadian bubble post is very reminiscent of 2007 in California where the “not in my back yard” arguments dominated the discussion.  The nature of this housing bubble is global and the collapse of markets across the globe will have wide ranging impacts that are yet…