Source – zerohedge.com – “…In short: unless the Fed wants another market meltdown on its hands, it better pre-emptively stimulate and do so to the tune of trillions. In other words, having injected over $3 trillion in liquidity in the past three months, JPM argues that this is nowhere near enough, and incidentally, the House of…
Source – sovereignman.com – “..By 2008 the inflation rate in Zimbabwe was so extreme that no one could even calculate it anymore. Economists estimated that it was as high as 800 TRILLION percent….Policymakers around the world, including in the US and Europe, are racing to become Zimbabwe as quickly as they can. But they’re crazy enough…
Source – paulcraigroberts.org – “…First world work forces were re-enserfed as part-time jobs with no health or pension benefits replaced the security of a middle class existence. Corporate investment in the US ceased as corporations used their profits to buy back their own stocks, thus raising share prices and maximizing executive bonuses and shareholders’ capital…
Source – whowhatwhy.org – “…As a gateway to Latin America, Mexico seemed destined to be a US subsidiary, not a partner. So it was doubly ironic when the United States “sneezed,” as it were. The recklessness of the US banking system and insufficient oversight by its key regulator, the Federal Reserve, caused a US financial…
Source – consortiumnews.com – “…This idea of the plutonomy was actually leaked out in a Citigroup analyst note several years ago…It read: “The world is dividing into two blocs – the plutonomies, where economic growth is powered by and largely consumed by the wealthy few, and the rest. …”What are the common drivers of Plutonomy? Disruptive…
Source – ellenbrown.com – “… While the public was distracted with protests, riots and lockdowns, BlackRock suddenly emerged from the shadows to become the “fourth branch of government”…BlackRock also owns major interests in nearly every mega-bank and in major media…BlackRock is not actually working for us, although we the American people have now become its…
Source – silverdoctors.com – “…Alasdair Macleod returns to Liberty and Finance / Reluctant Preppers to alert us that his latest research indicates we have recently passed an inflection nexus of numerous critical indicators, signaling a probable systemic failure of the banking system within months, and a collapse of the USD this year” “The Day Everything…
Source – wallstreetonparade.com – “…The Federal Reserve has authorized 11 financial bailout programs thus far. Despite Fed Chairman Jerome Powell’s reassurances at his press conferences that these programs are to help American families, a full 10 of these programs are actually bailouts of Wall Street banks or their trading units” The Fed Just Pulled Off…
Source – riggedgame.blog – “…You may think that such a crisis is unlikely, with memories of the 2008 crash still so fresh. But banks learned few lessons from that calamity, and new laws intended to keep them from taking on too much risk have failed to do so. As a result, we could be on…
Source – wallstreetonparade.com – “…The plan was rolled out in August 2019 at the G7 summit of central bankers in Jackson Hole, Wyoming – months before the public was aware of any financial crisis….Helicopter money is also spelled out in the BlackRock plan, which explains why simultaneously with the $454 billion Congress carved out for…
Source – themostimportantnews.com – “…The madness that has been unfolding on Wall Street? Even though we are in the middle of the worst global pandemic in 100 years, and even though rioters and looters have been turning our major cities into war zones, stock prices have been going up day after day. In fact, the…
Source – maalamalama.com – “…Currently, the viral pandemic and the George Floyd protests have provided the perfect cover for the continued looting of the banking class from everyone else as all the measures that were implemented by Central Bankers to transfer near limitless amounts of money from the working class to the top bankers in…
Source – morningporridge.com – “…One way may be through the magic of Modern Monetary Theory. The way QE works is for a National Treasury to sell bonds in the morning, the government to spend the money by lunchtime, and the Central Bank to buy the bonds in the evening. The result is a liability on…
Source – claritypress.com – “…Two Americas exist — one for the vast majority of its people, ordinary ones struggling to get by, including unprecedented numbers out-of-work. The other is for the nation’s super-rich and privileged class overall. Its members never had things better” The Great US 2020 Wealth Transfer Heist. Deep Inequalities in US Society…
Source – oftwominds.com – “…In the Plantation Economy, the Company suppresses any innovation that threatens its monopoly and the state enforces whatever means the Corporation deploys: buying up patents and small companies, predatory pricing to bankrupt competitors, etc. The Plantation Economy is a mono-culture of large corporations and their partner in rentier skimming, the state.…
Source – strategic-culture.org – “…Britain continued to pursue total control of Iran, not through colonial occupation, but rather through economic “agreements”. In the midst of carving up the empire’s new “jewels” of the Middle East from the Sykes-Picot fraud on the Arabian people and the illegal British occupation of Palestine, the notorious Anglo-Persian Agreement of…
Source – michael-hudson.com – “…Economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large corporations, and stockholders. Max Blumenthal and Ben Norton discuss the enormous financial scam with Hudson, who reveals how the economy actually works, with the Federal Reserve printing money so rich elites don’t…
Source – charleshughsmith.blogspot.com – “…By stripping fraud and predation of moral consequence, we’ve covered the putrid rot with a thoroughly modern amorality which we can summarize as anything goes and winner takes all. Monopoly, quasi-monopoly and cartels (i.e. Warren Buffett’s entire portfolio) are presented as the natural order of things rather than an evil construct…
Source – phoenixcapitalmarketing.com – “…Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to: 1) Freeze bank accounts and use them to “bail-in” financial institutions/ banks. 2) Close the “gates” on investment funds/ money market funds to stop you from getting your money out.…
Source – charleshughsmith.blogspot.com – “….Once housing and real estate valuations fall, that will trigger a decline in the value of all other costly, narrowly owned assets, which will reinforce the reverse wealth effect. This is the systemic payback for concentrating ownership of assets in the hands of the few: when their bubble-era priced assets plummet…
Source – unz.com – “…The 1% has no intention of letting its wealth trickle down. Its intention is to take even more wealth from the 99%. Its intention is to suck up, not trickle down. Its lobbyists write the laws to make sure that the wealth is sucked up, not trickled down. And unless you…
Source – economicprism.com – “…Supply chain disruptions breed consumer good disruptions, which breed declining sales, which breed disappearing cash flow, which breed layoffs, which breed less Ford F-150 sales, which breed shrinking tax receipts, which breed unserviceable public and private debt, which breed mass bankruptcies, which breed game over” SM:…Go back to sleep, it’s all…
Source – strategic-culture.org – “…The biggest orgy of funny money is seen in the U.S. where the Trump administration and Congress have approved the printing of trillions of dollars to prop up corporations and banks. Meanwhile crumbs are being thrown at millions of workers and their families…Many of these corporations have stashed trillions of dollars…
Source – economicprism.com – “…At first, as prices rise, economists at the government’s statistical bureaus will mistake it for an economic boom and recovery. By the time it’s clear that price inflation has taken hold, it will be too late to stop. That’s when Americans will come to understand zeros…as they show up at the…
Source – thelastamericanvagabond.com – “…America (unlike Russia) privatized the weapons-industry (and even privatizes to mercenaries some of its battlefield killing and dying), there are, in America, profits for investors to make in invasions and in military occupations of foreign countries; and the billionaires who control these corporations can and do — and, for their financial…
Source – truthdig.com – “…Donald Trump is the result of a long process of political, cultural and social decay. He is a product of our failed democracy…The problem is not Trump. It is a political system, dominated by corporate power and the mandarins of the two major political parties, in which we don’t count. We…
Source – thesaker.is – “…In a nutshell: The Fed has lost control of the money supply in the US. Banks can now create unlimited credit from their base and that sets up the US for potential hyperinflation if the money supply grows non-stop and production collapses…Wall Street, totally linked to the derivative markets, will feel…
Source – davidstockmanscontracorner.com – “…This is merely not your grandfather’s recession; it’s actually a Bubble Finance era Doomsday Machine. With the establishment media keeping the US economy on lockdown…Dr. Fauci is now saying there should be no relaxation of the economic freeze until there are zero new cases and zero deaths – and the Trumpified…
Source – riggedgame.blog – “…As in 2008, the most beneficial policies and funding will be heading for Wall Street banks and behemoth corporations. Far less will be going directly to American workers through tangible grants, cheaper loans, or any form of debt forgiveness…In the first week of coronavirus economic shock, a record 3.3 million Americans…
Source – thesaker.is – “…Western corporate media, en masse, have virtually ignored the myriad, devastating economic consequences of Planet Lockdown. Wall to wall coverage barely mentions the astonishing economic human wreckage already in effect – especially for the masses barely surviving, so far, in the informal economy” Ground Control to Planet Lockdown: This Is Only…
