Source – economicprism.com What Comes After the Great Liquidation by MN Gordon (Above Image Added By SM) Expectations were great. When 2023 started, there was a general sense that the stock and bond markets had turned over a new leaf. A repeat of 2022 was out of the question. The primary assumption was that inflation would…
Source – zerohedge.com “Worst Since Lehman”: Banks Break The World Again Last week we detailed BofA’s Michael Hartnett’s warning that “The Fed will tighten until something breaks”. Well, something just broke… SVB’s collapse – the second biggest US bank failure in history – dominated any reaction to this morning’s mixed bag from the BLS (hotter than expected earnings growth,…
Source – usawatchdog.com Catherine Austin Fitts Exposes The Central Bank Digital Currency Prison By Greg Hunter Catherine Austin Fitts (CAF), Publisher of The Solari Report, financial expert and former Assistant Secretary of Housing (Bush 41 Admin.), says the Central Bank Digital Currency (CBDC) is much easier said than done. There is a monster fight behind the…
Source – lewrockwell.com Hitlers Gold: The Real Story Of Swiss Banks, The Bis, Dulles And The Aftermath Charles Burris While attentive persons are justly concerned and intimately focused upon in-depth detailed examination of the Ukraine/Russia War — the senseless, insane criminality, plunder and grift of the bipartisan War Party in Congress and the degenerate Biden…
Source – commondreams.org The Problem Isn’t “Woke Capitalism”—Which Isn’t a Thing—But Corporate Capitalism American politics have been corrupted so much by big money that our democracy cannot effectively deal with environmental and social concerns. ROBERT REICH “Investors don’t want to do good at the expense of doing well,” writes Reich. “They’re unwilling to sacrifice shareholder returns to…
Source – internationalman.com The Top 3 Reasons the US Has Entered the Inflation Death Spiral by Nick Giambruno Rapidly rising food, housing, medical, and tuition prices are squeezing Americans, and many do not understand the real cause of their falling living standards. That confusion opens the door for opportunistic politicians who promise supposed freebies to ease…
Source – dailyreckoning.com The Accelerating Countdown To Armageddon Authored by James Rickards Get ready for screaming headlines beginning in about two months. Why? Because the U.S. will be coming up on a double deadline of debt and deficit inflection points. The budget deficit issue will be hotly debated from March to next September and may…
Source – ellenbrown.com What Will Happen When Banks Go Bust? Bank Runs, Bail-Ins and Systemic Risk By Ellen Brown Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the…
Source – robertreich.org The Biggest Economic Lies We’re Told In America, it’s expensive just to be alive. And with inflation being driven by price gouging corporations, it’s only getting more expensive for regular Americans who don’t have any more money to spend. Just look at how Big Oil is raking it in while you pay through the nose at the…
Source – charleshughsmith.blogspot.com Weaponizing Global Depression By Charles Hugh Smith All this suggests a strategy that’s only available to those few nations with these capacities: weaponize global depression. Before we get started, I need to stipulate that I don’t have an opinion one way or the other about weaponizing global depression: I don’t agree or disagree,…
Source – goldswitzerland.com Powell’s Gettysburg Moment, The US Dollar’s Waterloo, & Today’s Open Madness Authored by Matthew Piepenburg Below we examine the historical interplay of losing wars, cornered egos, tanking currencies, greater controls and gold’s loyalty in times of open madness. History Matters Despite the fact that universities even in the Land of Lincoln have…
Source – economicprism.com Fear and Greed with a Roll of the Dice By MN Gordon Bear markets take time. They also provide countless occasions to lose money. With each bounce comes an opportunity for investors to buy higher so they can later sell lower. Major U.S. stock market indexes hit what is likely an interim bottom…
Source – usawatchdog.com Neocons Know The “Monetary System Is Collapsing” – Martin Armstrong Warns “War Checks All The Boxes” (Above Image Added By SM) Legendary financial and geopolitical cycle analyst Martin Armstrong said at the end of last year the U.S. is being set up for a “nightmare fall.” Train derailments and political problems are spinning out…
Source – commondreams.org Jimmy Carter and the End of Democratic Capitalism The myth and reality of our 39th president. ROBERT REICH I’m honoring Presidents’ Day by sharing with you some thoughts about Jimmy Carter, who is now in hospice care. Carter’s administration marked the end of 45 years of democratic capitalism, whose goal had been to…
Source – charleshughsmith.blogspot.com The Core of the Economy–The Middle Class–Is Crumbling The net result of hyper-globalization and hyper-financialization is the crumbling of the middle class. Neofeudal societies and economies lack a vibrant middle class. This is the defining feature of feudalism and its updated V2.0, neofeudalism: a nobility (based on birth or finance, it doesn’t matter) controls the vast majority…
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 The New Normal: Death Spirals and Speculative Frenzies By Charles Hugh Smith There is an element of inevitability in play, but it isn’t about central bank bailouts, it’s about Death Spirals and the collapse of unsustainable systems. The vapid discussions about “soft” or “hard” landings for the economy are akin to asking…
Source – off-guardian.org War Certainly Is A Racket By Iain Davis In 1935, Major General Smedley Butler’s seminal book “War Is A Racket” warned of the dangers of the US military-industrial complex, more than 25 years before the outgoing US President Eisenhower implored the world to “guard against” the same thing. One of the most…
Source – thesaker.is Homo implacatus by Naresh Jotwani People often wrongly interpret the process of natural selection – which drives the evolution of living species – by the phrase ‘survival of the fittest’. However, the latter phrase can be highly misleading – for two reasons. One reason is that ‘survival’ may be wrongly understood as…
Source – economicprism.com Living the Lie by MN Gordon “It is significant that the nationalization of thought has proceeded everywhere pari passu with the nationalization of industry.” – EH Carr Denying the Truth Central planners face an impossible task. They must compel people to behave in ways that go contrary to freedom of choice. Only…
Source – wallstreetonparade.com Four Crypto-Friendly Banks Are Being Bailed Out with Billions from a Federal Housing Program By Pam Martens and Russ Martens Remember those Fed bailouts of the mega banks on Wall Street during and after the 2008 financial crisis that the Federal Reserve battled in court for years to keep secret from the American…
Source – mercola.com How COVID Patients Died For Profit By Dr. Joseph Mercola By May 2020, it had become apparent that the standard practice of putting COVID-19 patients on mechanical ventilation with ventilators was a death sentence Between 50% and 86% of COVID patients placed on life support ended up dying By May 2020, doctors…
Source – internationalman.com David Stockman on the Fed’s Giant Economic Science Experiment by David Stockman The Fed holds interest rates to be its primary control valve, with lower ones providing a stimulus to the GDP and higher ones a brake. Self-evidently, therefore, interest rates below the inflation level are a stimulus because they amount to…
Source – mises.org The End Of Monetary Hedonism – By Jeff Deist Does cheap money and credit make us richer? Does more money and credit create more stuff, or better stuff? Do they make us happier and more productive? Or do these twin forces actually distort the economy, misallocate resources, and degrade us as people?…
Source – eurasiareview.com Why The End Of The Petrodollar Spells Trouble For The US Regime Why End Of Petrodollar Spells Trouble For US Regime – OpEd February 1, 2023 MISES 1 Comment By MISES By Ryan McMaken* On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to…
Source – aljazeera.com We are “greening” ourselves to extinction Vijay Kolinjivadi Vijay Kolinjivadi (Also Read: Biden Promotes EV Hummer That Pollutes More Than Gas-Powered Sedan @ https://www.zerohedge.com/technology/biden-sits-ev-hummer-pollutes-more-gas-powered-sedan) More than a decade ago, investment experts James Altucher and Douglas Sease wrote a book for the Wall Street Journal called Investing in the Apocalypse. They argued that the…
Source – aljazeera.com SM:..We would be wise to take a page from our Lebanese compatriots & begin to learn the subtle refinements of preparing your morning coffee using yesterday’s socks…. Lebanon devalues official exchange rate by 90 percent The central bank has confirmed the new official rate of 15,000 pounds per dollar, up from little…
Source – oftwominds.com What Goes Up Also Comes Down: The Heavy Hand of Bubble Symmetry Should bubble symmetry play out in the S&P 500, we can anticipate a steep 45% drop to pre-bubble levels, followed by another leg down as the speculative frenzy is slowly extinguished. Bubble symmetry is, well, interesting. The dot-com stock market…
Source – technocracy.news SM:…I would expect nothing less from this conniving ‘Egg-Head’ – Bill ‘Gates of Hell’… Bill Gates Invested In Artificial Eggs Before Mysterious Egg Shortage and Price Hikes (Also Read: Bill Gates Finally Says Something that is True @ https://www.lewrockwell.com/lrc-blog/bill-gates-finally-says-something-that-is-true/) Globalist billionaire Bill Gates, who has a history of making uncannily prescient investments…
Source – mercola.com The Most Important Topics of Our Time Dr. Joseph Mercola Children’s Health Defense (CHD) is one of my favorite resources to keep current on everything COVID. They typically interview several experts every day and have amazing staff to compile the information in a useful format. I was excited when Polly Tommey from…
Source – michael-hudson.com Oligopoly Unchecked By Michael Hudson Platypus interview on The Destiny of Civilization The destiny of civilization: An interview with Michael HudsonOn July 15, 2022, Platypus Affiliated Society member D. L. Jacobs interviewed Michael Hudson to discuss his new book, The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism (2022). An edited…
Source – oftwominds.com The Race to the Bottom Accelerates By Charles Hugh Smith When competence, transparency and accountability are all punished, the Race to the Bottom accelerates. Race to the Bottom describes the process of competitive devaluation, where value is gutted to remain competitive with those who are grabbing market share by stripping out quality,…
Source – home.solari.com I Want to Stop CBDCs – What Can I Do? By Catherine Austin Fitts and Carolyn Betts CBDCs are in the works, but transparency and mass action can throw a huge monkey wrench into their implementation. The Solari Report offers a few concrete steps people can take, with the most important being…
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