Source – sprottmoney.com – By now, regular readers are familiar with the eight-year, bubble-and-crash cycles in our markets and economies which are manufactured by the crime syndicate known as “the One Bank.” The reason the cycles are roughly eight years long has also been explained: to coincide with the U.S. political cycle, and the rotation…
Source – paulcraigroberts.org – In my archives there is a column or two that introduces the reader to John Perkins’ important book, Confessions of an Economic Hit Man. An EHM is an operative who sells the leadership of a developing country on an economic plan or massive development project. The Hit Man convinces a country’s…
Source – wakingtimes.com – It is quite incredible that the unelected bureaucrats of the EU Commission are even entertaining such an idea as the deeply unpopular TTIP trade deal amid huge citizen protest whilst already facing multiple episodes of social, political and economic unrest and crisis as the demise of the European project gathers pace. The EU is experiencing extensive…
Source – motherjones.com – It was around 10:30 p.m. when Steve Jacobs rolled down the gravel driveway. The air was warm for early January, even for Florida. Yellow boat lights bobbed on St. Augustine’s harbor, and the scent of star jasmine hung on the breeze. Jacobs stepped onto his porch and found the door still…
Source – trueeconomics.blogspot.ca – Recent media and analysts coverage of the global economy, especially that of the advanced economies has focused on the rising degree of uncertainty surrounding growth prospects for 2016 and 2017. Much of the analysis is shlock, tending to repeat like a metronome the cliches of risk of ’monetary policy errors’ (aka:…
Source – consciousreporter.com – The self-help and “mind-body-spirit” scenes are billion dollar industries, but how has the commodification of spirituality affected our ability to practice it? As sacred principles are co-opted and watered down to sell feel-good mass-market products, those unwilling to sellout spiritual principles are pushed further to the margins – where they are increasingly maligned…
Source – oftwominds.com – The ultimate cost of protecting the privileges of the few at the expense of the many is the dissolution of the social order that enabled the rule of the privileged few. When I write about the demise of unsustainable systems, readers often ask me to describe the collapse I see as…
Source – counterpunch.org – Under the feudal mode of production, peasants were often allowed to cultivate plots of land for themselves on a rental basis. However, those tenant farmers rarely succeeded in becoming landowners in their own rights because a major share of what they harvested was taken away by landlords as rent, often leaving…
Source – zerohedge.com – More than one-fifth of the world’s total GDP is in countries which have imposed negative interest rates, including Japan, the EU, Denmark, Switzerland and Sweden. Negative interest rates are spreading worldwide. And yet negative interest rates – supposed to help economies recover – haven’t prevented Japan and Europe’s economies from absolutely…
Source – wolfetonesofficialsite.com – “In Ireland…during the period her food was taken away against the wishes of her people, usually at gunpoint and escorted to the ports under military guard. It was then carried away on ships leaving misery and starvation behind”: What became known as the great famine occurred between 1845 and 52 and…
Source – ragingbullshit.com – The hundred-billion-dollar question: Despite a bounce this week, low oil prices continue to sow fear, uncertainty, and mayhem across the emerging market complex. On Wednesday, it was leaked that the IMF and World Bank would dispatch a team to oil and gas-dependent Azerbaijan to negotiate a possible $4 billion emergency loan…
Source – oftwominds.com – “By refusing to allow a house-cleaning of risk, leverage and mal-investment, central planners have simply pushed the risk into systems they don’t control: foreign-exchange (FX) currency markets, shadow banking and the economy that depends not just on available credit but the willingness of qualified borrowers to take on the risks and…
Source – zerohedge.com – Last summer, China unleashed an unprecedented array of measures – up to and including the arrest of “malicious short sellers” and prominent hedge fund mangers – to prevent its stock market bubble from bursting. It failed. A few months later, the chaos has spilled over from the relative containment of the…
Source – paulcraigroberts.org – Myself, Michael Hudson, John Perkins, and a few others have reported the multi-pronged looting of peoples by Western economic institutions, principally the big New York Banks with the aid of the International Monetary Fund (IMF). Third World countries were and are looted by being inticed into development plans for electrification or…
Source – silveristhenew.com – On Friday the Bank of Japan implemented Negative Interest Rate Policy, or NIRP. It is the second Central Bank to do so. The European Central Bank or ECB first went to NIRP in June 2014. Thus, between Japan and Europe, over 20% of the world’s GDP is being managed…
Source – govtslaves.info – If you were wondering how banks got “too big to fail,” here’s a good place to start. This chart shows us how, over the last couple of decades, 37 banks have became just 4 mega-banks. These same 4 mega-banks have, thus far, been immune to the consequences of any and all…
Source – washingtonsblog.com – Deflation Threatens to Swallow the World: Many high-powered people and institutions say that deflation is threatening much of the world’s economy … China may export deflation to the rest of the world. Japan is mired in deflation. Economists are afraid that deflation will hit Hong Kong. The Telegraph reported last week:…
Source – zerohedge.com – For citizens of Nicolas Maduro’s socialist paradise the news is terrible, and getting worse with every passing day. Yesterday, we reported that one year after our November 2014 forecast, Barclays has decided that Venezuela is now past the “point of no return”, and a bankruptcy in 2016 will be “difficult to…
Source – http://www.commondreams.org – The Unique Brand of .01% Terror: Making a Game of Tax Avoidance While 2,500,000 Children Experience Homelessness: They consist of 16,000 individuals, about the size of a crowd at a professional basketball game. The inequality horror they’ve fomented is reaching far beyond the half of America that is in or near…
Source – bullfax.com – William White is one of the world’s top economists. He was the head economist for the Bank for International Settlements (BIS) – the world’s most prestigious financial institution, called the “central banks’ central bank – comprised of the world’s central banks. He is now the chief economist for OECD, made up…
Source – oxfamamerica.org – The richest 1 percent is now wealthier than the rest of humanity combined, according to Oxfam: In a report published on the eve of the World Economic Forum’s annual meeting in Davos, Switzerland, the anti-poverty charity cited data from Credit Suisse Group AG in declaring the most affluent controlled most of…
Source – politicalvelcraft.org – Bill Holter from JS Mineset joins us to cover the unfolding global economic collapse. “This is it. We’re watching the meltdown. This is history being made.” Bill says. Holter explains, “The Fed has lied themselves into a corner. They raised rates and here we are a month later, the system is…
Source – zerohedge.com – “The events of 1929 taught us that the absence of any rise in prices did not prove that no crisis was pending. 1937 has taught us that an abundant supply of gold and a cheap money policy do not prevent prices from falling.” Following an epic stock rout to start the…
Source – independent.co.uk – The world’s richest are getting richer while the wealth of the poorest is being spread more thinly: Wealth inequality has grown to the stage where 62 of the world’s richest people own as much as the poorest half of humanity combined, according to a new report. The research, conducted by the…
Source – naturalsociety.com – “Drug companies are like high school boyfriends. They’re more interested in getting inside you than in being effective once they are there.” This is just one of the hilariously-accurate remarks made by John Oliver, who was a hopeful replacement for Jon Stewart on the Daily Show. Oliver made his comments on HBOs…
Source – globalresearch.ca – The President of the United States of America, Barack Obama, in his brief sojourn to Malaysia last November made an interesting statement on the hotly debated Trans Pacific Partnership Agreement (TPPA). He admitted that TPPA is more than just a trade deal as it encourages greater transparency and accountability due to…
Source – money.cnn.com – It’s gotten so bad in the oil world that investment banks are practically falling over themselves to predict just how low crude will go. Oil prices crashed below $30 a barrel on Tuesday for the first time since December 2003. It’s also a stunning 72% plunge from levels just 18 months…
Source – zerohedge.com – “How, you might ask, is it possible that the US can add 292,000 jobs while average hourly wages decline? Simple: the hiring was a veritable minimum wage deluge as well-paying jobs barely budged while temp help soared by 34,400″: Supposedly, the Fed’s decision to hike rates last month conveyed something about…
Source – sprottmoney.com – “The Federal Reserve is a criminal accomplice of Wall Street and the Big Bank crime syndicate [22]. The central “business” of this crime syndicate is the eight-year bubble-and-crash cycles that it orchestrates in our markets. The cycles are approximately eight years long in order to be synchronized with the U.S. election cycle”:…
Source – oftwominds.com – In today’s world, the financial meltdown in China has burned straight through the global financial system to the U.S. financial markets: The mainstream financial media is delighted to promote the many links between the U.S. and Chinese economies when the two economies are feeding each other’s expansion in a tightly coupled…
Source – veteranstoday.com, By Preston James Ph.D – You are not allowed to know about this secret international Financial Reset Agreement. That’s why VT is covering it. It is just one more reason why the Western Nations created ISIS: By now it has become come clear to most VT readers that ISIS was created and…
Source – marinetraffic.com – Commerce between Europe and North America has literally come to a halt. For the first time in known history, not one cargo ship is in-transit in the North Atlantic between Europe and North America. All of them (hundreds) are either anchored offshore or in-port. NOTHING is moving. This has never happened…
Source – zerohedge.com – It may be Saturday, but there is no rest for the onslaught of negative data from China, which overnight reported the latest, December, consumer and producer price inflation numbers, with the former printing at 1.6% Y/Y, matching consensus estimates, and a tiny increase from the 1.5% in November: the modest pick…
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