Source – yesmagazine.org – “…As individual corporations grow in size, global reach, and political power, we see a corresponding shift in the primary function of national governments—from serving the interests of their citizens to assuring the security of corporate property and profits”: (We Never Voted for Corporate Rule – By David Korten) The $66 billion…
Source – wakingtimes.com – “…If an EHM is completely successful, the loans are so large that the debtor is forced to default on its payments after a few years. When this happens, then like the Mafia we demand our pound of flesh. This often includes one or more of the following: control over United Nations…
Source – zerohedge.com – “…The total wealth of the top “layer” in the pyramid was a modest $69.2 trillion for the world’s millionaires. It has nearly doubled in the 6 years since then. Meanwhile, the world’s poorest have gotten, you got it, poorer, as those adults who were worth less than $10,000 in 2010 had…
Source – theeconomiccollapseblog.com – “…When Barack Obama entered the White House, the U.S. government was 10.6 trillion dollars in debt. Today, the U.S. national debt is currently sitting at a staggering total of $19,842,173,949,869.58“: (11 very depressing economic realities that Donald Trump will inherit – By Michael Snyder) It would be a grave mistake to…
Source – stuartjeannebramhall.com – “…Margaret Thatcher and her (controversial) embrace of Egyptian businessman Mohamed Al-Fayed. Al-Fayed saved her government when currency speculator George Soros led a vicious attack on the British pound in 1992. Al-Fayed would subsequently blow the whistle to the Guardian on all the British MPs who accepted bribes from him. Al-Fayed was father…
Source – davidstockmanscontracorner.com – “…There was just $11 trillion of total credit market debt—–government, household, business and finance—–outstanding at the time Greenspan discovered the printing presses in the basement of the Eccles Building. That small mountain of debt has grown by a staggering $53 trillion during the years since then. That five-fold debt gain in…
Source – zerohedge.com – “…It’s also one of the clearest signs yet that hyperinflation could be taking hold in a country that refuses to publish consumer-price data on a regular basis. Cash-weighing isn’t seen everywhere but is increasing, echoing scenes from some of the past century’s most-chaotic hyperinflation episodes: Post-World War I Germany, Yugoslavia in…
Source – oftwominds.com – “…Rising inflation crushes the purchasing power of the bottom 95% whose incomes are not rising along with double-digit cost increases in big-ticket expenses. Central banks seeking to boost inflation are waging financial war on the bottom 95% of households”: (The Disaster of Inflation, For the Bottom 95% – By Charles Hugh…
Source – thedailycoin.org – “…If you simply remove opium or change it’s name to US Dollars you will see that nothing has changed. The heroin addicts now live on Wall Street and trade Treasury Bonds for manufactured goods out of China. The opium war still rages, but the suppliers and destinations have changed. The magnitude…
Source – charleshughsmith.blogspot.ca – “…The “solution” that can’t possibly work is the continuation of the status quo. There are only two pathways as the status quo arrangement destabilizes, decays and decoheres: 1) a doomed nostalgia for “solutions” that are no longer attainable (for example, Cargo Cults of “endless growth”) or 2) an alternative set of solutions…
Source – theburningplatform.com – “…Yellen and her cronies have been riding the low oil price gravy train for the last 18 months, giving them cover to not raise rates because inflation was below their fake propaganda goal of 2%. The plunge in oil prices from $100 a barrel in August 2014 to below $30 a…
Source – charleshughsmith.blogspot.ca – “…We are now reaching the limits of the predatory, parasitic Neocolonial-Financialization Model. There are no more markets to exploit with financialization, the incomes of the debt-serfs have stagnated to the point they cannot take on any more debt and the reality that the mountains of debt are unpayable can no longer be…
Souce – srsroccoreport.com – “…the Federal Reserve and U.S. Treasury figured out a NIFTY way to increase our Net Worth and GDP for the past six years while energy consumption remained flat. Unfortunately, most Americans don’t understand this “Ponzi Finance 101”: (The Coming Collapse Of U.S Net Worth Will Wipe Out Millions Of Americans) As…
Source – gizadeathstar.com – “…Big French and German armaments concerns merged some months ago. As I speculated at that time, this was probably in aid of advancing the project to create a common EU military, in order to standardize equipment and technologies….Such a military would be a convenient way to bypass NATO and hence end…
Source – wakingtimes.com – “…Behind the scenes the money masters – the international banking families such as the Rothschilds, Rockefellers, Morgans, etc. – own the central banks in almost every country (the Federal Reserve in the US), and thus are able to set national interest rates. This is essentially identical to the power to determine the…
Source – charleshughsmith.blogspot.ca – “…Interest rates are being actively suppressed (along with responsibility) to a near-zero mark as a matter of long-term policy to keep the U.S. dollar, housing market, and stock market artificially aloft…Global central bank and government intervention in order to save economic elites from the consequences of their poor financial decision-making”: (Ending…
Source – zerohedge.com – “…Michael Froman, an executive at Citigroup…would ultimately become the recipient of the largest bailout from the federal government during the financial crisis, had mapped out virtually the entire Obama cabinet, a month before votes were counted”: (“The Most Important WikiLeak” – How Wall Street Built The Obama Cabinet) Perhaps the most…
Source – charleshughsmith.blogspot.ca – “…The key take-away is that the financial gambits–QE, zero interest rates, etc.–did not actually address the economy’s structural problems. All the Federal Reserve and fiscal stimulus policies accomplished was to prop up the corrupt, stagnant engine of debt-serfdom, rising inequality and financial fragility”: (Please Assume Crash Positions – By Charles Hugh Smith)…
Source – globalresearch.ca – “How did the coup-masters rise so quickly and decisively? The political leader of the coup was Vice President Michel Tener, who had been selected by the Workers Party (PT) leadership as part of their ‘coalition strategy’ of working with the most corrupt elements of the Brazilian capitalist class… The strategic role played by the…
Source – economicprism.com – “…We are in a big, fat, ugly bubble. And we better be awfully careful…The Fed is doing political — by keeping the interest rates at this level. And believe me: The day Obama goes off, and he leaves, and goes out to the golf course for the rest of his life…
Source – zerohedge.com – “…Being the problem-solving types, the European technocrats have a ‘fair-share’ solution – back a derivative clearing-house with taxpayer money to solve the new too-biggest-to-fail problem “that no one saw coming”: (The New ‘Too Big To Fail’ – EU Proposes Taxpayer-Funded Derivatives System Bailout) It would appear the powers-that-be have just stumbled…
Source – thesaker.is – “…The bottom line is that to recover US manufacturing jobs – as Trump has been forcefully promising – he will have to stare down the whole Wall Street finance oligarchy. So no wonder these oligarchs – responsible for shipping all those US manufacturing jobs to Asia and lavishly profiting from bailouts…
Source – sovereignman.com – “…Bank profits are being prioritized over depositor safety, even at a time when so many of the banks are seeking taxpayer-funded bailouts. In the eyes of the bureaucracy, bank profits come before depositor safety… which makes it completely obvious how rigged the system is against you”: (Three Reasons Why The Banking…
Source – jaytaylormedia.com – “…The Fed’s serial bubble machine has not only bestowed massive speculative windfalls on the 1%, but it has also fostered a noxious culture of plunder and entitlement in the gambling casinos of Wall Street. After each thundering sell-off during the bust phase, crony capitalist gamblers have been gifted with ill-gotten windfalls during…
-Source – phoenixcapitalresearch.com – “…Indeed, we believe the global markets are on the verge of another Crisis, triggered by a crisis of faith in Central Banks – 2008 was Round 1 triggered by Wall Street banks. This next round, Round 2, will be even worse as faith in Central Banks collapses”: (Is a “$46 TRILLION”…
Source – stuartjeannebramhall.com – “…Prior to the 19th century and the industrial revolution, all human civilization was characterized by a steady state economy in which both population and productive capacity grew very slowly….At present a “healthy” economy is expected to grow at an average annual rate of 3% a year. At that rate, the size…
Source – zerohedge.com – “…Saudi’s entire economy is suddenly collapsing. To boost state finances, Saudi Arabia cut fuel, electricity and water subsidies in December, after posting a record budget deficit last year. It also plans to cut the amount of money it spends on public wages and raise more non-oil revenue by introducing taxes”: (Saudi…
Source – counterpunch.org – “…Whether it is rooted in sheer laziness, willful ignorance, deliberate obfuscation, opportunism or intellectual dishonesty hardly matters, the results are the same: our government is determined to sign agreements that will expose public policy making to aggressive assaults by the most powerful corporations on the planet”: (Trade Deals’ Investor State Provisions:…
Source – oftwominds.com – “…Is the economy in a Depression? Not if you’re a corporate bigwig skimming vast gains from corporate buybacks funded by the Fed’s free money for financiers. But if you’re a wage earner who’s seen your pay, hours and benefits cut while your healthcare costs have skyrocketed–well, if it isn’t a Depression,…
Source – kunstler.com – “…The ‘end of growth” – The semantic impact of this phrase tends to paralyze even well-educated minds, most particularly the eminent econ professors, the Yale lawyers-turned-politicos, the Wall Street Journal editors, the corporate poobahs of the “C-Suites,” the hedge fund maverick-geniuses, and the bureaucratic errand boys (and girls) of Washington…The poverty…
Source – economicprism.com – “…But after 100-years of mismanagement, the last eight being in the radically extreme, the Fed has scored a big fat rotten tomato…They’ve debased the dollar to less than 5 percent of its former value and propagated bubbles and busts in real estate, stock markets, emerging markets, mining, oil and gas, and…
Source – zerohedge.com – “…Here are the facts: The REAL problem for the financial system is the bond bubble. In 2008 when the crisis hit it was $80 trillion. It has since grown to over $100 trillion. The derivatives market that uses this bond bubble as collateral is over $555 trillion in size”: (The Financial…
Source – marketwatch.com – “…With a trio of such choppy trading days, according to Dow Jones data. That was the two-day period before and immediately following the assassination of President John F. Kennedy in November 1963, Dow Jones data show”: (Wall Street’s ‘Fear Gauge’ Shows It’s About To Get Wild In The Stock Market) Volatility…
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