Source – asiatimes.com “…The explosion of US home prices—now increasing at a bubbly 12% a year—portends even higher inflation for 2022. US fiscal and monetary policy pushed $5 trillion of fiscal stimulus into an economy hobbled by supply constraints, creating the economic equivalent of shaking a bottle of warm Pepsi while placing one’s thumb over…
Source – goldswitzerland.com “… Archegos and Credit Suisse, investment banks have created a timebomb with the $1.5 quadrillion derivatives monster. A few years ago, the BIS (Bank of International Settlement) in Basel reduced the $1.5 quadrillion to $600 trillion with a pen stroke. But the real gross figure was still $1.5q at the time. According to…
Source – zerohedge.com “…You only make money in the markets if you get out in time, and time is quickly running out for those that have put their faith in this financial bubble…The financial bubble that we are experiencing right now will go away, but the problems on our streets are not going away. In…
Source – oftwominds.com “…Has everyone forgotten what Thomas Merton said, ‘The beginning of love is to let those we love be perfectly themselves’?”. “Merton was a Christian, right? Don’t bring up Christianity, that’ll get you crucified. If you want to talk about religion, talk about Zoroastrianism, but only to people who don’t know anything about…
Source – cluborlov.blogspot.com “…After the financial collapse of 2008 it quickly became obvious that nobody competent or responsible was in charge. The “solution” was for central banks to start blowing financial bubbles by zeroing out interest rates and flooding the world with new debt. Debt that expands much faster than the economy is garbage debt,…
Source – cluborlov.blogspot.com “…Prices are going up everywhere even as the underlying economy remains in coronavirus-inspired doldrums, specifically because consumption has been repressed, with the coronavirus as an excuse, to delay the onset of hyperinflation. And then the Chairman of the Federal Reserve steps in and calms the troubled waters by publicly claiming that “There…
Source – wallstreetonparade.com “…The Archegos meltdown has done one more thing. It has reminded the readers of Wall Street On Parade that our decade of hand-wringing over the dangerous brew of allowing federally-insured, deposit-taking banks to own tens of trillions of dollars in opaque, over-the-counter derivatives remains the biggest threat to the financial stability of…
Source – kunstler.com “…The main racket is the ongoing effort to replace a transactional economy of individual enterprise with the managerial state that attempts to allocate all resources and direct markets. We’ve seen that movie before. It beats a path directly to totalitarian tyranny, and that is already sickeningly visible in the pre-production activities for…
Source – zerohedge.com “…Archegos…would never be the actual owner of record of the underlying stock. Instead, the stock that Archegos was long would be “owned” by its prime broke…As such Archegos also never had any disclosure requirements, allowing it to transact completely in the dark while being fully compliant with SEC disclosure requirements – since…
Source – renegadeinc.com “…Rather than sex and sin, both Christianity and Judaism is preoccupied with debt. As it turns out, Jesus was a socialist activist who paid the ultimate price fighting for the reinstatement of regular debt jubilees. In fact, the rulers of classical antiquity who cancelled their subjects’ debts were overthrown with disturbing frequency…
Source – journal-neo.org “…America’s conspicuous consumption during the ‘Roaring Twenties’ was based on an illusion of rising household wealth for the majority of its citizens. This debt-driven consumption created the nation’s illusory wealth — the Achilles Heel of the economy….Behind the façade of American prosperity of the 1920s was an edifice built on debt and…
Source – journal-neo.org “…BlackRock (more than $7 trillion under management), also Vanguard Funds, Fidelity Investments, Goldman Sachs, State Street Global, Carlyle Group, Rockefeller Capital Management, and numerous major banks such as Bank of America and UBS. Many of these are responsible for the 2008 global financial collapse….What is this framework group doing?…The immediate target of…
Source – ericmargolis.com “…Those few legislators who did not kowtow to Adelson or the idea of a greater Israel were quickly subjects of his wrath and sharp political attacks. US senators Newt Gingrich and Marco Rubio became major recipient of donations from kingmaker Adelson. However, the most important recipient was Donald Trump” THE MAN WHO…
Source – research.rabobank.com “… China’s imports of these have risen almost three-fold in a year to address a structural supply gap that cannot be addressed by domestic production. Indeed, China is so stretched for feed it is resorting to using old domestic wheat reserves for livestock — 35m metric tonnes this year alone, equivalent to…
Source – drowningwitches.com “…Most people believe that banks lend out money deposited with them and lying idle. In reality when banks advance a loan, they simply create the money by crediting the borrower’s account electronically. Martin Wolf, chief economics editor of the Financial Times wrote last year: “The essence of the contemporary monetary system is…
Source – betterdwelling.com “…A temporary injection of liquidity goes a long way in stopping a crisis. However, it needs to be a market based response. A small group of bankers creating a doomsday scenario in their mind, and crafting a response to something that hasn’t happened, isn’t market based. It’s something that happens in a…
Source – resilience.org “…Corporations have stepped beyond lobbying governments. They are integrating in policy-making at the national and international levels. From agriculture to technology, decisions historically made by governments are increasingly made by secretive unaccountable bodies run by corporations” Global Coup d’État: Mapping the Corporate Takeover of Global Governance By Nick Buxton, Lynn Fries Corporations…
Source – scheerpost.com “…As mass consumerism took hold in the United States over the past several decades, Americans became increasingly expectant that the goods available to them would be cheaper than previously imaginable. One of the costs of this phenomenon has been off-shored to factories primarily in China, where factory labor conditions are well known…
Source – https://economicprism.com “…The current spirit of the moment is not to just double your money. A mere double is weak. Today’s speculators expect much bigger returns. They’re after moonshots. They’re after overnight 10x and even 100x returns. People have watched their friends and neighbors quickly 10x their money in cryptos and technology stock moonshots…
Source – zerohedge.com “…The reporter then spoke with a local paster by the name of Rodney Hudson, who said the whole system is corrupt. He said it’s not just the school system that is broken, it’s families, the economy – and “the entire community” – it’s all broken” “Profiteering Off Poverty” – The Side Of Baltimore…
Source – silverdoctors.com “…The most important part of the report is where they share the pre and post hyperinflation data of Weimar, Germany….history shows us that #hyperinflation has a strong possibility of looking like the one in Weimar, Germany, in 1923” Planned Inflation Will Turn Into Catastrophic Hyperinflation! Prepare For Unbearable Cost Of Living It’s…
Source – zerohedge.com “…According to the Financial Times, in the days when the Texas electric grid failed during last month’s polar vortex blast and which sent electricity prices to staggering levels, Bank of America made hundreds of millions of dollars in trading revenue “highlighting the upside for Wall Street from mayhem that knocked out power…
Source – theguardian.com “…Akerlof and Shiller contend that the idea that free markets work perfectly, and the idea that big government is the cause of so many of our problems, are part of a story that is actually misleading people into adjusting their behaviour in order to fit the plot. They thus believe storytelling is…
Source – oftwominds.com “…Any system that has no way to measure, much less prioritize opportunity costs (i.e. what else could have been done the capital, labor and resources) and maximization of utility is not just flawed–it’s terribly misguided and destructive” About That +6.8% GDP Forecast: Remember That GDP = Waste – By Charles Hugh Smith…
Source – vk.com “…There are two primary industrial complex rules when it comes to prescription drug centric treatment: Firstly, no curing is allowed, ever. Treatment of conditions with temporary benefits is allowed, but healing is not permissible, since it interrupts revenue streams. And second, any and all “natural” or homeopathic treatment whether it be related to…
Source – wallstreetonparade.com “…It’s not just the nation’s Capitol that saw a lawless attempted coup this year. There’s an ongoing lawless coup taking place on Wall Street among stock manipulators who seem to be sending the message to the Biden administration, “we dare you to catch us.” Lawless Coup on Wall Street Continues: GameStop Doubles…
Source – schiffgold.com “…Bond yields are inversely correlated with bond prices. As the price falls, interest rates rise. And there is really nothing to stop yields from climbing higher and higher. But if that happens, the entire economic house of cards will collapse. The economy is predicated on low interest rates…the Federal Reserve knows this…Simply…
Source – aljazeera.com “…During the entire 200-year history of British rule in India, there was almost no increase in per capita income. In fact, during the last half of the 19th century – the heyday of British intervention – income in India collapsed by half. The average life expectancy of Indians dropped by a fifth…
Source – usawatchdog.com “…When you bankrupt your country, your politics are inherently corrupted by that bankruptcy, and that’s what is happening to us…Rubino explains, “We created a financial system . . . that is run by an aristocracy. It’s not a Right/Left, liberal, socialist or conservative aristocracy” Rubino Warns Its ‘Aristocrats’ Vs ‘We, The People’…
Source – zerohedge.com “….Here is the punchline: BofA reflects back on the post-WW1 Germany (whose armistice was on Nov 1918) as the “most epic, extreme analog of surging velocity and inflation following end of war psychology, pent-up savings, lost confidence in currency & authorities” and specifically the Reichsbank’s monetization of debt, similar of course to…
