In this article, renown financial system critic and best-selling author Nomi Prins identifies the 4 brewing risk factors that are swiftly propelling us into a new era of higher and more unpredictable price volatility in the financial markets. The relative stability…
Those who are confident the central banks can print unlimited money may find there are political and financial consequences to such extremes that cannot be foreseen. The central problem with central banks is their mandate now includes propping up all…
Those who are confident the central banks can print unlimited money may find there are political and financial consequences to such extremes that cannot be foreseen. The central problem with central banks is their mandate now includes propping up all…
‘The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP Amoco and Chevron Texaco); in tandem with Deutsche Bank, […]
‘The war is not meant to be won, it is meant to be continuous. Hierarchical society is only possible on the basis of poverty and ignorance. This new version is the past and no different […]
Our current faith in central banks’ ability to “make the economy all better, all the time” is horrendously misplaced. We are living in the Cargo Cult Era of Central Bankers. The era began in earnest on December 5, 1996, when…
‘As first reported by Forbes, the International Monetary Fund (IMF) dropped a bomb in its October Fiscal Monitor Report. The report paints a dire picture for high-debt nations that fail to aggressively “mobilize domestic revenue,” […]
‘Cypriots took to the streets, marching to the Cyprus Central Bank and Bank of Cyprus, throwing stones and shattering windows to show their discontent, almost two years after the catastrophic EU haircut took place.’
When we look back from 2025, it will be painfully obvious that central bank policies exacerbated the systemic crises that brought down the global financialization machine. What with all the praise being heaped on central banks for “saving” the world…
Why wouldn’t the top 1/10th of 1% love a central bank-funded guaranteed minimum income? It is widely assumed that the super-wealthy top 1/10th of 1% are against a guaranteed minimum income (GMI) (also known as guaranteed basic income or basic…
Why wouldn’t the top 1/10th of 1% love a central bank-funded guaranteed minimum income? It is widely assumed that the super-wealthy top 1/10th of 1% are against a guaranteed minimum income (GMI) (also known as guaranteed basic income or basic…
Debt-serfs who make the difficult and risky transition to small-scale business owners find they have simply moved to another class of serfdom. The core dynamic of debt-serfdom is that debt-serfs must borrow money to buy essentials while the wealthy borrow…
‘A collection of nearly one dozen of the world’s top economists and other geopolitical observers believe that the world is close to financial collapse, because so much of what passes for “the global economy” is […]