Source – thegreatrecession.info – “…Rather than the longest expansion in US history, we’ve been enduring the longest recession in US history ever since the dot-com bust. The above chart shows the GDP growth rate, and the REAL GDP “growth” rate, which has actually been contraction, not growth, for the past two decades if measured by…
Souce – wallstreetonparade.com – “..Fast forward to today: Germany’s largest bank, Deutsche Bank, which has a heavy footprint on Wall Street, announced this past Monday that it was firing 18,000 employees and creating a bad bank to hold $83 billion in toxic assets. Deutsche Bank has other eerie resemblances to the Citigroup of 2008, not…
Source – zerohedge.com – “…The Trump administration’s incessant sanctions wars are curbing the dollar’s global hegemony and speeding the demise of U.S. empire.” Weaponizing the Dollar – By Patrick Lawrence The signs are mounting steadily now. As the Trump administration weaponizes the dollar in defense of American hegemony, it is prompting many other nations to…
Source – strategic-culture.org – “…97% Owned reveals how the creation of credit and the mystery that surrounds it, is at the root of our current social and economic crisis” The Secret Bank Bailout 50 billion euros in Greece, 70 billion euros in Ireland, 40 billion euros in Spain – one Euro-country after another is forced…
Source – thefreethoughtproject.com – “…Those that have followed the use of slave labor in the supply chain of theses large multinational corporations understand that these companies consistently claim they will self regulate and yet the use of child slave labor within the cocoa industry has increased dramatically” Nestle Says Requirement to Report Use of Slave…
Source – schiffgold.com – “…Money-printing and interest rate manipulations fuel booms and the inevitable attempt to return to “normalcy” precipitates busts. In simplest terms, easy money blows up bubbles. Bubbles pop and set off a crisis. Rinse. Wash. Repeat” How The Fed Wrecks The Economy Over And Over Again – By Michael Maharrey When people…
Source – mises.org – “…The standard explanation for Rome’s decline and fall is that they devolved into dictatorships (true, but not the cause of their fall). Or they became decadent and corrupt (true, but not the cause of their fall). They fell to barbarian invasions (true, but not the cause of their fall). Rome fell…
Source – economicprism.com – “…The political, financial, economic, and social foundations that have been in place over the last 75 years – and perhaps, over the last 220 years – are breaking down. And no policy directive, no interest rate adjustment, no trade tariff, no five year plan, no extraordinary measures, no green new deal,…
source – charleshughsmith.blogspot.com – “…The non-rich are allowed to borrow–but only at high rates of interest for worthless college degrees, rapidly depreciating pick-up trucks, groceries, $5 coffee beverages, etc. When all is said and done, what’s left from all this borrowing by the non-rich is the interest due the super-wealthy, who just so happen to…
Source – commondreams.org – “…The top one percent owns nearly $30 trillion of assets while the bottom half owns less than nothing…Three wealthiest people in America have as much wealth as the bottom 50 percent” ‘Eye-Popping’: Analysis Shows Top 1% Gained $21 Trillion in Wealth Since 1989 While Bottom Half Lost $900 Billion – By…
Source – economicprism.com – “…As you can see, U.S. financial markets have been rigged for at least three decades. But what do you expect in a fake money system where expediency takes priority? One expedient after another, year after year, decade after decade, has devised a system of chaos” Fed Chair Powell’s Plan To Pickle…
Source – globalresearch.ca – “…Any dictionary will offer a simple definition of ‘sanity’ along the lines of ‘soundness of judgment or reason’ and ‘the ability to think and speak in a reasonable way and to behave normally’. But if we use this definition of sanity then, obviously, ‘sanity’ must be interpreted to mean that it…
Source – paulcraigroberts.org – “….We live in a Matrix of Lies in which our awareness is controlled by the explanations we are given. The control exercised over our awareness is universal. It applies to every aspect of our existence. In the article below I show that not only is our understanding of the economy controlled…
Source – marketoracle.co.uk – “…It is not a stretch to figure the existence of this “dark money” is the real reason why US Government Bond auctions have NEVER failed, despite the reluctance of America’s traditional financiers to purchase record amounts of additional US government debt” Big Money and the Big Lie – Rob Kirby The…
Source – economicprism.com – “…As China reaped more and more of the Fed’s fake money, Beijing had to debase the Chinese yuan at greater and greater rates to keep their cheap labor advantage over U.S. workers. Year after year, decade after decade, the U.S. heartland was hollowed out and deindustrialized, and its prior vitality was…
Source – gizadeathstar.com – “…Disaster capitalism” is the deliberate use of sophisticated technologies capable of manipulating sudden geophysical changes normally attributable in law to “acts of God” in order to cheapen the value of property, land, or other assets, and to drive off the tenure of such property, land, or assets, in order to acquire…
Source – charleshughsmith.blogspot.com – “…Turning everything into a tradable market is not what actually happened. What actually happened is that the new markets were quickly dominated by monopolies and cartels, and previously safe assets were financialized and securitized, in effect strip mining the unwary of their income and assets…The net result is we have an…
Source – business.financialpost.com – “…Greater Vancouver has acted as a laundromat for foreign organized crime, including a Mexican cartel, Iranian and Mainland Chinese organized crime,” the German report said. “The region has acquired an unenviable reputation for serving as a site for money laundering, drug trafficking, and capital flight” How Vancouver became the world’s ‘laundromat…
Source – thenation.com – “…In 1998, Angela Davis popularized the term “prison-industrial complex” to describe the sprawling web of commercial and governmental interests in corrections, which seeks to sustain itself regardless of actual need…In recent years, corporations have privatized almost every part of the public prison system. Now, PE firms are swooping in, seeking lavish…
Source – peakprosperity.com – “…Using this ecosystem of legalized theft, then have the various crooks involved monkey the prices of key commodities to levels that — surprise! — leave hardly any breathing room for the farmers, miners, loggers and refiners to live within. Now that the scam has been exposed, the appropriate question to ask…
Source – charleshughsmith.blogspot.com –“…Consider the costs and capital flows of planned obsolescence. The consumer, who once was implicitly assured decades of reliable service from an American-made appliance, now gets an appliance that rarely lasts more than a decade, regardless of the brand or origin….the only profitable model of late-stage state-cartel corporate capitalism: force the consumer…
Source – riggedgame.blog – “…This “U.S. coup manual,” recently highlighted by WikiLeaks, serves as a reminder that the so-called “independence” of such financial institutions as The World Bank and IMF is an illusion and that they are among the many “financial weapons” regularly used by the U.S. government to bend countries to its will” Leaked…
Source – mybudget360.com – “…The biggest scam of the century revolves around the massive growth in debt…Americans have been put into a sleepwalking state where they were drunk on debt induced spending while slowly and surely our manufacturing base was removed from the country…Banks and Wall Street have not cut back and have gone the…
Source – epsilontheory.com – “…Financialization is a global phenomenon. In China, it’s transmitted through the real estate market. In the US, it’s transmitted through the stock market. Financialization is the zombiefication of an economy and the oligarchification of a society” This is Water – By Ben Hunt There are these two young fish swimming along…
Source – oftwominds.com – “…The brewing financial crisis will be different: the twin sins of extreme levels of debt and extreme overvaluation of assets now characterize corporate bonds, many sovereign bonds, stocks and real estate. Pretty much the only traditional assets that aren’t at nosebleed levels are precious metals and bat guano” The Next Financial…
Source – commondreams.org – “…One of the themes of the superb writing of Henry Giroux is that more and more Americans are becoming “disposable,” recognized as either commodities or criminals by the more fortunate members of society. There seems to be a method to the madness of winner-take-all capitalism. The following steps, whether due to greed or…
Source – economicprism.com – ‘…Over issuance of dollars by the Fed, and the forced use of legal tender, have replaced real money with fake money. The fake money’s still called dollars. The One Dollar bill says it is One Dollar. Yet it’s really just $0.04. The other $0.96 has been confiscated by the Fed for…
Source – tomdispatch.com – ‘…Vast numbers of lobbyists and eye-popping amounts of lobbying money now are at the heart of the American political system. In 2018 alone, the 50 biggest lobbying outfits, largely representing big companies, business associations, and banks, spent $540 million, and the grand total for lobbying that year alone was $3.4 billion”…
Source – davidstockmanscontracorner.com – “…In metaphorical terms, the central bank was using a pop-gun during the 1953-1971 era versus a nuclear weapon since the year 2000. Yet not only has the reported trend rate of real growth fallen by 50% since the era of William McChesney Martin, but the periodic economic setbacks (i.e. recessions) were…
Source – riggedgame.blog – “…If the average American knew that the very same banks that blew up the U.S. economy just a decade ago were warning in their own 10K legal filings that the same thing could happen again at any moment, there would be mobs with pitchforks in the street” Derivatives Could Blow Up…
