Source – economicprism.com “…“[O]ccasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics will be unpredictable. And the market aberrations produced by them will be equally unpredictable, both as to duration and degree. Therefore, we never try to anticipate the arrival or departure…
Source – usawatchdog.com “…War checks all the boxes? Armstrong says, “Absolutely”… They get to default on all this debt which is the real objective. That’s why (Klaus) Schwab is out there saying you’ll own nothing and be happy. He’s trying to make it sound like they are doing this for you. We are going to default on all…
Source – commondreams.org “…The untold story of the Carter years is the vast increase in corporate political firepower during this time. Trade associations, law firms, lobbying firms, political operatives, and public-relations specialists swarmed Washington, offering executives so much money that most retiring members of Congress also became lobbyists. The city went from being a sleepy…
Source – charleshughsmith.blogspot.com “…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 of wealth, political power and productive capital, all served by a powerless peasantry” The Core of the Economy–The Middle…
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 “…No one who benefits from the Moral Hazard Casino Economy believes it’s no longer sustainable. All the gamblers, big and small, are confident the Federal Reserve and other central banks can cover any losses and make good whatever befalls the casino. The hubris of the punters, big and small, is essentially infinite…this…
Source – off-guardian.org “…One of the most decorated soldiers in US military history, Butler knew what he was talking about, famously writing that war is “…conducted for the benefit of the very few, at the expense of the very many”. While he lamented the loss of his fallen comrades and despite the gongs he received…
Source – thesaker.is “…By adopting ‘heavily protected lifestyles’ using their enormous intellect and ingenuity, Homo sapiens create conditions which diminish their own biological fitness…recent economic theories are seen to be the pathetic works of limited human intellect failing to understand living economics – the economics of Mother Nature…The economics of death, powered by greed and…
Source – economicprism.com “…Inflation, in a practical sense, acts as a hidden tax on savers and wage earners. It devalues the purchasing power of their savings and paychecks. Moreover, inflation robs them of the time and sacrifices they made to earn it. Ask any retiree living on a fixed income or a hardworking prudent individual…
Source – wallstreetonparade.com …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 people? Those bailouts went to the same Wall Street mega banks that collapsed the U.S. economy with their unbridled…
Source – mercola.com “…Minnesota family physician and state Sen. Scott Jensen explained: “Medicare has determined that if you have a COVID-19 admission to the hospital you’ll get paid $13,000. If that COVID-19 patient goes on a ventilator, you get $39,000; three times as much…By May 2020, it had become apparent that the standard practice of…
Source – internationalman.com ‘…Brainard said at a conference hosted by The Clearing House and Bank Policy Institute in New York. “Monetary policy will need to be restrictive for some time to provide confidence that inflation is moving down to target. The rapidity of the tightening cycle and its global nature, as well as the uncertainty…
Source – mises.org “…Thrifty people like our grandparents, generation after generation, bequeathed to us an almost unimaginable world of affordable food, water, habitation, transportation, communication, medicine, and material goods of every kind. They did this out of love and sacrifice, but they also did it because the monetary system rewarded saving. Today, the opposite is…
Source – eurasiareview.com “…How large of a shift is this? With the increasingly frequent Saudi comments about trading in nondollar currencies, we’ve also seen an increasing number of pundits announcing the “collapse” of the dollar or the imminent implosion of the dollar’s currently outsized global power. Will a shift away from the dollar in the global…
Source – aljazeera.com “…What is worse, governments and corporations have teamed up to turn the apocalypse into a money-making opportunity. They have rushed to put forward false solutions to the climate crisis: from the push to replace fuel-engine vehicles with electric ones, to so-called climate-smart agriculture, to protected areas for nature conservation and massive tree…
Source – aljazeera.com “…The central bank confirmed the new official rate of 15,000 pounds per United States dollar on Wednesday, scrapping the rate of just more than 1,500 pounds at which the currency was pegged for decades before the currency collapsed …Withdrawals in Lebanese pounds from hard currency accounts at the new official rate will…
Source – oftwominds.com “…Housing is notoriously “sticky” when it comes to price declines, as sellers show remarkable tenacity in the denial phase. The last few greater fools buying on the first modest decline spur the hopes of sellers that the flood of mania-driven buyers is about to resume, but manias don’t last nor do they…
Source – technocracy.news “…Bill Gates became an advisor to the artificial egg company, and has been one of its most vocal supporters in the Silicon Valley world where Hampton Creek is based.Shortly after investing, Gates would soon praise Hampton Creek’s artificial eggs in various blogs and speaking engagements.Two years after it’s launch in 2013 an…
Source – mercola.com “…The financial collapse will likely take many mainstream news readers by surprise, because legacy media are not telling the truth. Those of you following alternative sources have the benefit of being able to prepare by protecting your assets. The risk of banks doing bail-ins where they seize all of your money to…
Source – michael-hudson.com “…When the junk mortgage frauds peaked in 2008, President Obama ran by promising to write-down the junk mortgage debts to the actual market value of the homes bought by the victims of bank fraud and to bring the mortgage payments in line with the current rent. As soon as he was elected,…
Source – oftwominds.com “…When competence, transparency and accountability are all punished, the Race to the Bottom accelerates. The worst are advanced, and the race to strip value, quality and quantity out of products and services becomes a free-for-all stripmining that favors the ruthlessly greedy…From low earth orbit, the Race to the Bottom is accelerating on…
Source – home.solari.com “…FINANCE YOUR FRIENDS, NOT YOUR ENEMIES. Start reducing your number of online and digital financial transactions and evolve away whenever possible from relying on or investing in the fintech and credit card companies that are financing and promoting digital IDs, vaccine or health passports, and CBDCs. Financing your local farmer or farm distribution…
Source – commondreams.org “…One of the major problems that nobody is addressing is the huge number of rental properties and single-family homes that are being snatched up by nameless, faceless corporations in order to evict longstanding residents…According to The Wall Street Journal in 2021, 200 corporations are aggressively purchasing tens of thousands of homes, and…
Source – economicprism.com “…A retiree should expect the purchasing power of their savings to be cut in half at least once – possibly twice. This, in essence, is how you’ll pay for Washington’s massive debts and unfunded liabilities. The Medicaid scam is but one example of the servitude you’re indentured to…With hard work, diligence, unending…
Source – wallstreetonparade.com “…The law firm that Judge Dorsey is allowing to pull a coup d’etat in his courtroom is Sullivan & Cromwell – the go-to law firm for Wall Street for more than a century — which has bestowed on itself the role of lead law firm in the FTX bankruptcy. For reasons that…
Source – internationalman.com “…The implication is straightforward. To wit, the Fed doesn’t need a pro-inflation target of 2.00% per annum. Nor does it need any of its other macroeconomic targets for unemployment, jobs growth, actual versus potential GDP or the rest of the Keynesian policy apparatus. All of those variables are the job of the…
Source – zerohedge.com “…Our entire system is a Ponzi scheme. Everyone is in on it. The government is a Potemkin village, populated by a criminal syndicate that is raping the American people and stealing every last thing of value right before our eyes, with impunity. On occasion when it becomes so obvious that nothing can…
Source – opendemocracy.net “…BlackRock – a well-connected, influential and hugely profitable pillar of global capitalism – made the predictions in its ‘2023 Global Investment Outlook’ report. It states: “The Great Moderation, the four-decade period of largely stable activity and inflation, is behind us….Instead, BlackRock forecasts a new regime with a “brutal trade-off” – falling living standards for the…
Source – globalresearch.ca “…At no point since the first atomic bomb was dropped on Hiroshima on August 6th, 1945, has humanity been closer to the unthinkable. All the safeguards of the Cold War era, which categorized the nuclear bomb as “a weapon of last resort”, have been scrapped…The Dangers of Nuclear War are Real. Profit Driven.…
Source – zerohedge.com “…The hallmark of any effective army is its ability to control terrain. The cartel armies have done that by co-opting the gangs of the U.S. and operate the world’s largest crime syndicate complete with narco distribution hubs throughout the U.S. .. In Mexico they cordon cities and run roadblocks to collect information…
Source – ronpaulinstitute.org “…Trump’s success in minimizing his tax liability without ever being audited is surprising only to those who think IRS audits are mainly used to catch rich “tax cheats.” According to data released by the Syracuse University Transactional Records Clearinghouse, in 2022 lower-income taxpayers were five and half times more likely than millionaires…
Source – americanthinker.com “…What do you think is going to happen in 2023 as real-estate prices fall because mortgage rates have doubled? And what do you think is going to happen in 2023 to corporations that have been paying almost nothing for short-term money, and all of a sudden they have to pay 4-5 percent?…
Source – covertactionmagazine.com “…War profiteers like Bechtel, which has received massive contracts to build U.S. military bases abroad, have become increasingly savvy in setting up their own foundations designed to defuse antiwar protest and neuter the political left. The organizations they support may do some good but have abandoned efforts to link environmental destruction and…
