“It really is time that the Grand Unpopular Press and the BBC, realised this is a major story. Are they too proud to admit they might have been wrong?”… Read More Fake News By Omission — The Mass Media’s Cowardly Distortion Tool
Banks prefer to keep money at Fed instead of lending to other banks… Read More The Repo Market Is ‘Broken’ and Fed Injections Are Not a Lasting Solution, Market Pros Warn
“It’s hard to overstate how notorious and suspicious the firm is.”… Read More Massive Leak of Data Reveals Money-Hiding Secrets of Superrich—and This Is ‘Only the Beginning’
In order to eliminate corruption, the government has waged a war against the informal economy. But a large portion of the economy, especially in rural regions, is informal, so this becomes a war on the economy itself… Read More India’s Economy Is Headed for Structural Breakdown
Once again, a chunk of the losses were made in London… Read More NY Fed Is Ominously Silent on Morgan Stanley’s Unreported Trading Losses
Defaults, weak banks threaten growth and financial stability. Wary of moral hazard, officials have been reluctant to step in… Read More China Financial Warning Signs Are Flashing Almost Everywhere
“If bodies like OPCW cannot be trusted… World War 3 could be started by a falsehood.”… Read More Peter Hitchens: My Secret Meeting with Mole at the Heart of the Great Poison Gas Scandal
The New York Times Editorial Board, it seems, rarely meets a coup backed by the US government that it doesn’t approve of… Read More The Spin War: The New York Times’ Long History of Endorsing US-Backed Coups
“I think I’m going out of my mind,” Julian Assange told John Pilger at Belmarsh Prison. “No you’re not,” Pilger responded. “Look how you frighten them, how powerful you are.”… Read More John Pilger: Visiting Britain’s Political Prisoner
Mario Draghi deserves neither hostility nor adulation for his stewardship of the European Central Bank. He proved adept at working within ridiculous constraints that forced him to do things that no central banker should ever do. What matters today is that his successor, Christine Lagarde, will have to labor within exactly the same ridiculous constraints… Read More The Limits of Lagarde
emocratic freedoms aside, many nations in the world but particularly the U.S., Britain and China have interests to protect in Hong Kong… Read More The Nature of the Hong Kong Protests
Corbyn is not an anti-Semite. His real sin is to fight against injustice in the world, including the version Israel perpetrates… Read More The Contract on Corbyn
