The Depression is deep, and the pain is wide. Yet the NADAQ is a rocket, attempting to break out of earth’s atmosphere… Read More Drumbeats of the Epocalypse: The Economic Death March Has Come to Town!
According to a database created by The International Consortium of Investigative Journalists containing files leaked from the law firm Appleby, Jeffrey Epstein, who is under indictment as a sex trafficker and assaulter of underage girls, was the Chairman of Liquid Funding Ltd. from November 9, 2001 to at least March 19, 2007. The offshore business had been incorporated in Bermuda on October 19, 2000 and according to the Fitch ratings firm, it had $6.7 billion in outstanding liabilities in 2006.… Read More Jeffrey Epstein Chaired a $6.7 Billion Company that Documents Suggest May Have Received a Secret Federal Reserve Bailout
On America’s birthday, celebrating the corporate-sponsored revolution… Read More Year Zero
Private Jets vs. Pension Funds… Read More Is the End Coming for Private Equity?
Despite its grand promises to be a beacon of light during the pandemic, customers are spilling their guts to the Consumer Financial Protection Bureau’s complaint database with horror stories of what Citi has put them through during this crisis… Read More Nice Little Earner: Citi Borrows From Fed at 0.35%, Then Charges Struggling Consumers 27.5% on Credit Card Debt
“Her Majesty’s government has unequivocally recognised Guaidó as president of Venezuela. It necessarily follows that Her Majesty’s government no longer recognises Maduro as president of Venezuela…”… Read More British Court Refuses To Release Venezuelan Gold To Maduro
Why it’s a problem that a central bank whose job it is to organize credit only has creditors in charge… Read More Every Federal Reserve Board Member Is A Multi-Millionaire
The rollback hands “Wall Street one of its biggest wins of the Trump administration.”… Read More ‘Big Banks Couldn’t Be Happier’: Stocks Surge as U.S. Regulators Gut Restrictions on Risky Wall Street Gambling
It appears that the Fed has been doing the exact same thing it did during the financial crisis of 2007 to 2010 – hiding the truth from the American people while it makes trillions of dollars in secret loans to the largest Wall Street financial institutions… Read More Bloomberg Drops a Bombshell on the Fed’s Big Bank Stress Tests Set for Release Today
Three-quarters of the money appears to have gone AWOL… Read More Hundreds of Billions of Dollars of CARE Act Funds Are Unaccounted for at US Fed and Treasury
Big Tech’s reckoning has finally arrived… Read More The Week Big Tech Lost Power
High consumption and low savings helped set the stage for the explosion of violence across America… Read More The Economics of America’s Civil Unrest