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 say there are only two sure things in life, death and taxes, should add a third sure thing: realtors and stock market mavens will deny there’s a bubble even when it’s obvious to everyone the bubble has already…
The money multiplier effect no longer works. As you (hopefully) know, we live in a fractional reserve banking system: if the bank is required to have $1 in cash reserves for every $10 in loans, it means the bank creates…
‘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 Federal Reserve bank and its owners, the largest banks on Wall Street, want badly to be able to charge you interest for the privilege of depositing your funds. The problem is getting you to […]
This is probably one of the most important posts I’ll write all year. The reason is because in order to displace the current paradigm, the public needs to deeply and intellectually understand exactly where the real cancer resides. I never liked the saying:…
Economists have been all in a buzz since Wednesday due to the Board of Governors of the Federal Reserve releasing the minutes from their most recent Federal Open Market Committee (FOMC) meeting. Reading through the tedious and at times monotonous […]
By Zac Nickerson
Economists have been all in a buzz since Wednesday due to the Board of Governors of the Federal Reserve releasing the minutes from their most recent Federal Open Market Committee (FOMC) meeting. Reading through the tedious and […]
By Zac Nickerson
Economists have been all in a buzz since Wednesday due to the Board of Governors of the Federal Reserve releasing the minutes from their most recent Federal Open Market Committee (FOMC) meeting. Reading through the tedious and […]
This long-term weakening of the economy is the direct result of financialization and the Federal Reserve’s policy of propping up impaired debt with more debt and constantly bringing demand forward with zero interest rates. The U.S. economy is slowing to…
A spokesperson assured the assembled media that the Fed Board was “deeply concerned” about the American people, inflation, and the unemployment rate, but he was heckled off the stage. In an extraordinary admission, the Board of Governors of the Federal…
So by all means, buy the dip now that the VIX soared in full-blown panic from 12 to 17. One of the more remarkable features of the Bull market in stocks is the ascendancy of complacency and the banishing of…
So by all means, buy the dip now that the VIX soared in full-blown panic from 12 to 17. One of the more remarkable features of the Bull market in stocks is the ascendancy of complacency and the banishing of…
There’s a staggering amount of offensiveness in so few words. First off, he says that: “We should all be prepared for adjusting to a world that is harder.” Who is included in the word “all” here. Certainly not his fellow oligarchs, who already bailed themselves out in…