The global outstanding CLO market is now estimated to stand at about $750 billion, while the CDO market in 2007 before the crisis came to $640 billion… Read More Booming Securitized Loan Market Has Echoes of Financial Crisis, BIS Warns
RICO is typically used to indict mobsters – which makes its use against employees of the largest bank in America a very disquieting event… Read More Will Jamie Dimon Finally Lose His Job Over Racketeering Charges?
The ends always justify the means. Anything, no matter how immoral or criminal, is permissible… Read More Our Invisible Government
For oil markets, it’s the single worst sudden disruption ever, surpassing the loss of Kuwaiti and Iraqi petroleum supply in August 1990, when Saddam Hussein invaded his neighbor… Read More Oil Explodes 20% Higher, Biggest Jump On Record
And it has now sped up beyond our means to control it… Read More It’s the Pace of Change That Kills You
Draghi’s desperate shenanigans thicken… Read More Palace Revolt at the ECB, Legitimacy of Policy out the Window
The Guardian, Britain’s leading liberal newspaper with a global reputation for independent and critical journalism, has been successfully targeted by security agencies to neutralise its adversarial reporting of the ‘security state’, according to newly released documents and evidence from former and current Guardian journalists… Read More How the British Secret Services Neutralised The Guardian
It’s time to “drastically reduce the size [of the financial sector]… Read More Steve Keen: Could a Debt Jubilee Really Work?
The world’s biggest asset manager is “a global leader in financing forest destruction,” reports Amazon Watch.… Read More Amazon Chaos: “BlackRock Is Literally Reaping Profits As The World’s Jungles Burn”
“Your brain, the final privacy frontier, may not be private much longer.”… Read More “Scariest Thing You’ll Read All Day”: Report Sounds Alarm Over Brain-Reading Technology and Neurocapitalism
Much of the burning of the rain forest is taking place around a controversial highway being developed by two Brazilian firms majority owned by the U.S. private equity behemoth… Read More Blackstone Is Driving Force Behind Amazon Deforestation
Why has the U.S. Department of Justice, the highest law enforcement agency in the United States with a $28 billion annual budget, failed to bring charges against Epstein’s fellow sex traffickers and recruiters in the 13 years it’s had the case, after it was handed it on a silver platter?… Read More It’s Time to Arrest Epstein’s Accomplices