Source – wallstreetonparade.com Professors Point to JPMorgan Chase as Poster Boy of a Financial System Dependent on Corruption to Sustain Itself By Pam Martens and Russ Martens: The full day conference sponsored by nonprofit watchdog Better Markets last Wednesday was a unique opportunity to gain brilliant insights from academic experts who have battled on the frontlines…
Source – internationalman.com Silent Depression and Current Economic Realities By Doug Casey International Man: Wall Street Silver, a financial analyst on Twitter, highlights that during the Great Depression, the average home cost 3x the average income. Today, it costs 8x as much. In the 1930s, the average car cost about 46% of a year’s earnings. Today, they…
Source – theburningplatform.com WHEN THE WALL STREET CABAL TOOK OVER AMERICA The chart below reveals much about what has happened since Nixon closed the gold window in 1971, allowing politicians, controlled by the Wall Street banking cabal, to spend our country into $33 trillion of debt, while accumulating another $200 trillion of unfunded pension and…
Source – charleshughsmith.blogspot.com How To Select A Town The Rich Won’t Gentrify And Ruin Authored by Charles Hugh Smith Let’s review how to select a town that the rich won’t ruin via gentrification / swarming in en masse and driving out locals who have to work for a living. (Added By SM) Yesterday I discussed how…
Source – oftwominds.com Reinventing Democracy The whole point of democracy and free markets is to force competition on elites who are desperate to eliminate competition. (Added By SM) What’s the point of discussing reforms that aren’t even possible in the current status quo? That’s a good question, as any discussion of major systemic changes can be…
Source – brownstone.org Disease-X Is A High-Return Business Strategy BY DAVID BELL Fearistan, having done very well economically and provided its citizens a long lifespan, noticed that people were still occasionally dying in road accidents. Fearistanis were wealthy and really liked the freedom to travel. While road deaths were uncommon, any unnecessary death surely seemed worth…
Source – gizadeathstar.com WEATHER DERIVATIVES STRIKE AGAIN Joseph P. Farrell (Also Read: MAUI FIRES ROUNDUP, PART ONE @ https://gizadeathstar.com/2023/08/maui-fires-roundup/) While you’re contemplating the Maui fires and the possibility that they were desired, if not deliberately set, remember that there are now “weather derivatives”. As I’ve mentioned before, weather derivatives are handy things to have around…
Source – charleshughsmith.blogspot.com The Problem Isn’t A Housing Shortage, It’s The Concentration Of Ownership By The Wealthy Authored by Charles Hugh Smith This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and federal policies that benefit the wealthy. We’re told that sky-high rents and home prices are the result…
Source – bloomberg.com Fossil fuel subsidies hit $1.3 trillion despite government pledges to end them Up from $500 billion in 2020 Leslie Kaufman Despite repeated government pledges to cut back on fossil fuel subsidies, a new report found such subsidies surged to a record US$1.3 trillion last year. The report by the International Monetary Fund (IMF) looked at both explicit…
Source – internationalman.com Doug Casey On How Economic Witch Doctors Convince Everyone They’re Neurosurgeons Authored by Doug Casey International Man: The average person doesn’t care about economics. But to the extent that he does, he only reads mainstream publications like The Economist and editorials in The New York Times. In these publications, the average person will find so-called…
Source – linkedin.com What Really Happened on Maui – I Was There STACKS Library of Truth Author, Trinfinity8 & Ascension11 Holistic Software Inventor, Clinical Psychologist, Egypt Tour Leader I live in Maui and am okay, but I was there in Lahaina that morning and the whole truth is yet to come out (please read my…
Source – wallstreetonparade.com Wall Street Mega Banks and Their Disgraceful Bailout Charts Since the Repeal of the Glass-Steagall Act in 1999 By Pam Martens and Russ Martens President Bill Clinton Laughs It Up as He Signs the Repeal of the Glass-Steagall Act, November 12, 1999 The Bill Clinton administration’s repeal in 1999 of the 1933 Banking…
Source – rt.com Why Niger is a new front in the modern Cold War A coup in a poor African nation is not unheard of, but the modern-day geopolitical context gives it global significance By Timur Fomenko Supporters of the Nigerien defence and security forces rally outside the national assembly in Niamey on July 27, 2023 © AFP…
Source – goldswitzerland.com SM:…We can expected quite a few less chairs to occupy in this economic musical chairs ‘shell-game’ by early fall – we shall see… Von Greyerz: It’s All About Economic Survival – Got Gold? Authored by Egon von Greyerz The Everything Bubble is about to turn to the Everything Collapse! This is the…
Source – charleshughsmith.blogspot.com The Two Causes Of The Coming Great Depression By Charles Hugh Smith But the status quo has much to unlearn, and it seems the only pathway to a new understanding is a Great Depression. There are two approaches to analyzing a situation: 1. Choose the desired outcome–generally the one that doesn’t require…
Source – robertreich.org Busting the “Paid What You’re Worth” Myth You’ve probably heard that everyone is “paid what they’re worth.” Don’t buy it. According to this mythology, workers at the bottom are “unskilled” and don’t deserve more than what they currently earn. Minimum wage workers at McDonald’s are paid what they are worth in the…
Source – globalresearch.ca How Blackrock Investment Fund Triggered the Global Energy Crisis “Adherence to UN 2030 Sustainability Agenda”. Colossal disinvestment in the trillion-dollar global oil and gas sector. By F. William Engdahl Most people are bewildered by what is a global energy crisis, with prices for oil, gas and coal simultaneously soaring and even forcing closure…
Source – wallstreetonparade.com Wall Street’s Most Dangerous Derivative Secrets Are Hiding in Plain Sight in a Regulator’s Report By Pam Martens and Russ Martens On March 17, 2022, the Federal Reserve began its interest rate hiking cycle, which has, thus far, evolved into 10 consecutive rate hikes, making it the fastest rate increases in 40 years. The…
Source – dailyreckoning.com Corporatism Has Replaced Liberalism Authored by Jeffrey Tucker It’s not capitalism. It’s not socialism. The new word we are hearing these days is the right word: corporatism… That refers to the merger of industry and state into a unit with the purpose of achieving some grand visionary end, the liberty of individuals…
Source – dailyreckoning.com The Biggest Monetary Shock In 52 Years Authored by James Rickards (Added By SM) I recently revealed that the so-called “BRICS+” countries will announce the creation of a new currency at its annual leaders’ summit conference on August 22–24. This will be the biggest upheaval in international finance since 1971. It’s taking…
Source – vtforeignpolicy.com Usurious Money Lenders and Assassinations in History – By Mujahid Kamran (Added By SM) “The deadly facts herein revealed lead me to wonder that this monster, interest, has not devoured the whole human race…” Napoleon Bonaparte “The Central Bank is an institution of the most deadly hostility existing…
Source – oftwominds.com This Is Why Nobody Will Do Anything Until It’s Too Late By Charles Hugh Smith I like a rousing story as much as anyone else, but systems aren’t stories, and confusing the two won’t actually fix what’s not sustainable in the current system’s configuration. (Image Added By SM)OK, I get it: we…
Source – globalresearch.ca Environmental Activism as a Capitalist Trojan Horse, and “The Bill Gates Factor” By Dr. Vandana Shiva and Michael Welch For more than half a century, Earth Day is the time in April when all thoughts turn to love…of the planet. Actions dedicated to conservation and reforestation of the planet, ending plastic pollution,…
Source – newagora.ca Your Money Is Their Money (Part 1) Your Money Is Their Money (Part 1) The financial arm of the plandemic octopus and the coming engineered collapse. The Plandemic Octopus has eight arms (See the bottom of this link for the other seven): Today’s Octopus Arm—The Financial Coup: The official narrative on the Silicon Valley…
Source – economicprism.com What Brookfield’s Default Has to Do with You by MN Gordon Over more than two decades we worked off and on in Downtown Los Angeles. We had a client for several years at 555 West 5th Street, in the tower at the base of Bunker Hill. We’d meet several times a week. Always…
Source – lewrockwell.com How an Immoral Banking System Has Made a Financial Collapse Possible By Laura Davidson Libertarians have long accused the banking system of engaging in a legalized form of counterfeiting that enriches a privileged few at the expense of millions of ordinary people. Historically, this illegitimate scheme has also caused recurring and significant financial…
Source – vtforeignpolicy.com UKRAINE: The Tale of the Judge Banker and The Boomerang Effect of his Action VT’s Claudio Resta digs into the Ukraine-Russia War and exposes its main characters By Claudio Resta How about a guy who goes to the bank to get his money back and the clerk at the counter tells him……
Source – economicprism.com The Creative Process of Government Destruction by MN Gordon “History is a record of ‘effects’ the vast majority of which nobody intended to produce.” – Joseph Schumpeter Unintended Consequences It was about a year ago when IMF Director Kristalina Georgieva took part in a panel discussion hosted by CNBC. This may have been…
Source – unherd.com Private Armies Are Making A Killing Authored by Thomas Fazi Mercenaries thrive while democracy dies… Last week, Russia claimed to have seized control of the city of Bakhmut after an eight-month battle with Ukrainian forces — the longest and bloodiest fight of the war so far. The assault, however, wasn’t led by the Russian Armed…
Source – gizadeathstar.com THE NEXT TRICK; DISASTER CAPITALISM, CLIMATE CHANGE AND EMINENT DOMAIN Joseph P. Farrell For many years, our friend and colleague Catherine Austin Fitts has been warning about something she has been calling “disaster capitalism,” the use (or creation) of crises of opportunity to bankrupt one’s opponents and to buy up their assets or…
Source – youtube.com The Car Market Collapse Is Going To Unleash The Most Devastating Financial Crisis Since 2008! – Epic Economist New signs of stress in the ballooning trillion-dollar U.S. auto market are pointing to an impending collapse as storm clouds continue to gather in the economic and financial landscape. Serious delinquencies in auto loans…
Source – scheerpost.com Taking Back Our Universities From Corporate Apparatchiks – By Chris Hedges American universities are appendages of the corporate state. Educators are increasingly poorly paid, denied benefits and job security while senior administrators pay themselves obscene salaries By Chris Hedges / Original to ScheerPost New Brunswick, N.J. — Here are some of the senior…
Source – thetyee.ca The Rising Chorus of Renewable Energy Skeptics By Andrew Nikiforuk The green techno-dream is so vastly destructive, they say, ‘we have to come up with a different plan.’ Sometime during this century, it is highly likely that worldwide depletion of natural resources will force an entire reorganization of social and economic structures, perhaps…
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