Despite all the recent scandals, the vampire squid’s dominion of global finance continues to grow… Read More Goldman Sachs’ Tentacles Are Longer Reaching Than Ever
“The disturbing trend is that despite the rally in risk assets in the prior year, the number of defaults rose by approximately 50 percent”… Read More The Man Who Advises the New York Fed Says It and Other Central Banks Are “Fueling a Ponzi Market”
In his critiques of the U.S. financial system, Bernie Sanders hasn’t quite captured the full extent of what Wall Street really does, and just how much of a threat it poses… Read More Wall Street Is a Fraud-Monetization System with a Money-Printing Unit Called the New York Fed
Even chairmen of the Fed, former and present, concede that today’s reported unemployment rate of 3.5 percent is statistically impossible… Read More Here’s How the Fake Unemployment Number Was Created to Subdue Anger Against Wall Street
Morphing from a central bank mandated to set monetary policy on the basis of maximum employment and stable prices, to the lender-of-last-resort to the criminally-charged trading houses on Wall Street and now, potentially, to the insider-trading/Big Short hedge funds, the New York Fed has totally lost its way if not its mind… Read More New York Fed Considering Becoming Sugar Daddy to Hedge Funds as their Distress Grows
Never in the history of mankind have such devious, unscrupulous, arrogant, narcissistic and downright evil men seized hegemony over global finance, trade and politics… Read More 2020: The Year of Living Dangerously
Trump continues to run on a populist message to the common folk of America. It is well known that the stock market is owned by the elite… Read More Has Trump Become the Pied Piper of Wall Street Along with the New York Fed?
The Fed could not have asked for a better smokescreen for its latest round of interventions than Donald Trump’s geopolitical antics… Read More Federal Reserve Admits It Pumped More than $6 Trillion to Wall Street in Recent Six Week Period
When a federally-insured bank sells protection to others on Credit Default Swaps, it is effectively taking on the risk of a default event. At a time of unprecedented levels of debt in the system and growing warnings about leveraged loans, that seems like a very unwise move by Citigroup… Read More The Doomsday Machine Returns: Citibank Has Sold Protection on $858 Billion of Credit Default Swaps
The obscene money spigot from the New York Fed to Wall Street’s trading houses didn’t start with the epic financial crisis of 2008, as most Americans believe… Read More Why Is Wall Street the Only Industry in America With Access to the Fed’s Endless Money Machine?
Will be a survival requirement for the coming decade… Read More Understanding The Keys To Power
What the New York Fed knows that the majority of Americans do not know, is that five Wall Street investment banks – all of which own federally-insured, taxpayer-backstopped commercial banks – hold insane levels of highly-concentrated derivatives.… Read More These Charts Show Why the Federal Reserve Is Still in a Panic Over the Repo Loan Market