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?
The U.S. has won nothing with its attack but will feel the consequences for decades to come.… Read More U.S. Will Come To Regret Its Assassination of Qassim Soleimani
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
The set-up is just too juicy… Read More I, Who Vowed to Never-Ever Short Stocks Again, Just Shorted the Entire Market
The World Bank has provided a chilling analysis of the latest tidal wave of borrowing, which had reached US$55 trillion by 2018. Even though interest rates are low now, they provide no sure-fire protection against debt crises… Read More 2020 May Be the Year When the ‘Largest, Broadest and Fastest’ Wave of Debt Crashes Over the Global Economy. You Have een warned
The addled brains and/or corporate lapdogs in Congress just removed one of the most critically important avenues that debt-strapped middle class millennials had of obtaining a decent standard of living… Read More U.S. Congress Just Passed Nightmare Legislation That Strips Trillions in Wealth from Middle Class
“It reminds me of Moldova after the fall of the Soviet Union: oligarchs running wild, stashing their gains in buildings.”… Read More American Cities Are Becoming Shell Companies for the Rich
A decade best shunned & forgotten… Read More Chris Martenson: Good Riddance To The ‘Twenty-Teens’
Few people have benefited as much from the central bank’s latest intervention as JP Morgan Chase’s head honcho… Read More The Fed Has Made Jamie Dimon $250 Million Richer Through Its Repo Loans
When it comes to Wall Street’s mindset, the thinking is that it’s legal if you can get away with it. That mindset seems to have captured the Federal Reserve Bank of New York… Read More New York Fed’s Fake Borrowing Rates Raise Ghosts of Libor’s Fake Rates
Today’s rate hike by the central bank of Sweden ends an absurdity. ECB and other central banks with negative rates are getting ready to follow.… Read More First Central Bank Exits Negative Interest Rates
