Source – wallstreetonparade.com “…The full day conference sponsored by nonprofit watchdog Better Markets…was a unique opportunity to gain brilliant insights from academic experts who have battled on the frontlines of the most unprecedented and ongoing era of corruption in U.S. financial history…at the close of the conference, Anat Admati, Professor of Finance and Economics at…
Source – internationalman.com “…It’s been a Silent Depression—so far. But it’s real, and it’s growing. As I’ve said for years, it will eventually be known as The Greater Depression. It will be much worse, longer lasting, and much different from the unpleasantness of 1929 to 1946′ Silent Depression and Current Economic Realities By Doug Casey International…
Source – theburningplatform.com “…We lived in relative comfort on a truck driver’s salary, with a mom who stayed home. This arrangement is no longer possible in America, after fifty years of willfully generated inflation, averaging 3.9% annually. The wealth of the middle class was absconded by the banking cartel and the parasites which feed off…
Source – charleshughsmith.blogspot.com “…If you want to find some place the entitled wealthy are unlikely to ruin because they won’t move there…a place the wealthy will turn up their noses to, a town with the few things you care about but not enough to spark the interest of the entitled wealthy. A town with minimal…
Source – oftwominds.com “…The only possible conclusion: if we don’t democratize capital, democracy is boiled away. I wish this could be sugarcoated, but it’s much like my other aphorism: if we don’t change the way money is created and distributed, we’ve change nothing” Reinventing Democracy The whole point of democracy and free markets is to force competition…
Source – brownstone.org “…The Covid-19 response demonstrated how the sponsors of international public health institutions have found a way to monetize public health. This business model involves promoting abnormal responses to relatively normal viruses. It employs behavioral psychology and media campaigns to instill inappropriate fear into the public, then ‘locking them down’ – prison terminology before 2020″…
Source – gizadeathstar.com “…Catherine Austin Fitts mentioned her astonishment one year at the sudden – and inexplicable – sell-off of Indonesian bonds. But then everything became clear after the sell-off when the Indonesian tsunami of 2004 occurred. The sell-off occurred before the tsunami, indicating that the sellers had the ability to predict the tsunami, and what better…
Source – charleshughsmith.blogspot.com “…The wealthy are hoarding housing because the system has incentivized dumping “excess capital and credit” into housing. This concentration of housing ownership in the wealthy is the direct result of Federal Reserve and federal policies that benefit the wealthy” The Problem Isn’t A Housing Shortage, It’s The Concentration Of Ownership By The Wealthy…
Source – bloomberg.com “…IMF also calculates implicit fossil fuel subsidies, which include the cost of things such as undercharging for environmental costs and failing to levy taxes on consumption. Adding those in and the total subsidies ballooned to US$7 trillion in 2022. That’s an increase of US$2 trillion compared to 2020” Fossil fuel subsidies hit…
Source – internationalman.com “…Doug Casey: What passes for economics today isn’t science; it’s more like a religion, where dogma is handed down from on high. Economists write abstruse papers that are used as reasons for the government to “step in” and “do more.” Economists have actually become something of a secular priesthood who interpret the doctrines of…
Source – linkedin.com “…The problem with Historic Lahaina was that it had a large old Hawaiian community that was in the way of the developers. Now it’s like ground zero, declared a disaster area, and federal and states rules are probably going to be tossed aside…All over the island tracts of land are being bought…
Source – wallstreetonparade.com “…The Cambridge dictionary defines “kleptocracy” as: “a society whose leaders make themselves rich and powerful by stealing from the rest of the people.” In fact, the actual goal of repealing Glass-Steagall was to do just that” Wall Street Mega Banks and Their Disgraceful Bailout Charts Since the Repeal of the Glass-Steagall Act…
Source – rt.com “…While it is easy to dismiss it as a landlocked and impoverished country in the middle of the desert, Niger has a critical stock of natural resources, including uranium, coal, gold, iron ore, tin, phosphates, petroleum, molybdenum, salt, and gypsum. Its uranium supplies are among the world’s largest, which is absolutely critical for nuclear…
Source – goldswitzerland.com “…Now is the time to put your house in order. Forget about gluttony or greed. Forget about trying to get out of stocks at the top. Forget about the old axioms that stocks and property always go up. Forget about the notion that sovereign debt is always safe. Just remember one thing the next however…
Source – charleshughsmith.blogspot.com “…The big difference between the Great Depression of the 1930s and the Depression we’re entering is the world still had enormous reserves of resources to tap and a (by today’s standards) modest population in the resource-consuming developed nations. Recall that a developed-world consumer uses up to 100 times more energy and resources than…
Source – robertreich.org “…There’s no such thing as unskilled workers. Only underpaid workers. Their productivity — that is the value of what they produce — has been growing for decades. The problem is that their wages haven’t kept pace with their productivity…The “paid what you’re worth” myth has proven to be a cruelly effective way to put…
Source – globalresearch.ca “…In January 2020 Fink letter was a declaration of war by big finance against the conventional energy industry…With that fateful January 2020 CEO letter, Larry Fink set in motion a colossal disinvestment in the trillion-dollar global oil and gas sector. Notably, that same year BlackRock’s Fink was named to the Board of Trustees of…
Source – wallstreetonparade.com “…There is also the pesky detail that the largest holder of derivatives in the United States is JPMorgan Chase, the bank that used depositors’ money to gamble in derivatives in London in 2012 and lose $6.2 billion of depositors’ money…Since the London Whale report was released, JPMorgan Chase has amassed a rap sheet that…
Source – dailyreckoning.com “…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 be damned. The word itself predates its successor,…
Source – dailyreckoning.com “…I spoke to a Ph.D. statistician who works for one of the biggest hedge funds in the world…He looked at Comex (the primary market for gold) opening prices and Comex closing prices for a 10-year period. He was dumbfounded. He said it was the most blatant case of manipulation he’d ever seen”…
Source – vtforeignpolicy.com “…Lincoln issued a little over $449 million in greenbacks by April 1862. It carried no interest to be paid to any banker and the only cost it incurred was the cost of paper, printing, and distribution. In the words of Goodson: “Lincoln’s defiance of Lionel Rothschild and his uncle James resulted in…
Source – oftwominds.com “…The Hollywood ending is electric vehicles will “save the planet.” Too bad this is Hollywood, not reality. Most of the consumption of resources and damage to the planet occur in the mining, smelting and manufacture of the vehicle, regardless of its fuel. Due to their massive consumption of minerals, electric vehicles consume far…
Source – globalresearch.ca “… When the powerful players decide to use modern environmentalism for reasons other than maintaining a strong, vibrant Earth, we the people could end up feeling more than just profoundly screwed. Our sacrifices for our natural home and hearth could ultimately be in service to their profits, and at the end of the…
Source – newagora.ca “…Thiel warned VCs and start-ups to get their money out of SVB. $42 Billion was siphoned out in 48 hours and the bank was left with a negative one billion dollar problem. Except, one billion dollars is nothing for the banking sector or the government. In October 2008 that amount was lost…
Source – economicprism.com “…At the end of 2022, the FDIC reported its Deposit Insurance Fund had a balance of $128 billion. This comes to a reserve ratio of 1.27 percent of the total insured deposits…In a real panic, FDIC reserves would be vaporized in less than a day…To this end, we have a hunch that over the…
Source – lewrockwell.com “…You cannot build houses made of out of money, eat money as food, or consume it any way. Wealth is only created by producing more goods and services, which requires the investment of scarce resources. The production of money, on the other hand, can only transfer wealth to those who are most closely linked…
Source – vtforeignpolicy.com “….Do you still think Mr. Jerome Powell that you made an intelligent choice by foreclosing 300 billion dollars of Russian foreign funds?. And, more importantly, do you think that today’s international monetary system based on the US dollar can now withstand a possible flight of Arab capitals of the order of trillions…
Source – economicprism.com “…Last week IMF Director Georgieva was at it again. Speaking with uncommon candor. This time at an event hosted by an outfit called the Meridian International Center. Georgieva provided the following insight – “There is simply no way that interest rates would go up so much after being low for so long and…
Source – unherd.com “…In many ways, Wagner’s emergence from the shadows symbolises the changing nature of modern warfare, in which the traditional Clausewitzian paradigm — based on a clear distinction between public and private, friend and enemy, civil and military, combatant and non-combatant — has given way to a much messier reality, in which state armies now…
Source – gizadeathstar.com “…So for a few decades we had global warming, which sort of ran out of steam after a couple of very bad winters when several inches of global warming were dumped on the country’s freeways in the form of snow and blizzards. It’s a difficult concept to sell, much less grasp, when…
Source – youtube.com “…Frequently, lenders price cars as high as twice the Kelley Blue Book value, a practice that allows them to “profit from the down payment and origination fees alone.” The subprime loans they issue also carry exorbitant interest rates—sometimes exceeding 30 percent. While lenders profit from defaults, some borrowers spend decades paying off…
Source – scheerpost.com “…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…The public defunding of universities, along with their seizure by corporations and the uber rich, is part of the slow-motion corporate coup d’état. The goal is to enforce…
Source – thetyee.ca “…And the world needs a better plan to avoid collapse other than replacing one unsustainable fossil fuel system with another intensive mining system powered by even more extreme energies. In other words, electrifying the Titanic won’t melt the icebergs in its path…Already the industrial global machine that serves our shop till you…
