My Ignored Warnings of American De-industrialization
• https://www.paulcraigroberts.orgPaul Craig RobertsHow Junk Economists Help The Rich Impoverish The Working Class
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How Junk Economists Help The Rich Impoverish The Working Class
One of the things I have long found fascinating about America's welfare-state way of life is how so many people say that it reflects that Americans are a compassionate people.
Morgan Stanley's US stock chief sees more than 20% downside coming for the S&P 500 and warns of an earnings recession on banking sector turmoil
In talking this week with a friend about the United States seemingly imploding from within across multiple sectors, my friend stressed:
The inevitable consequence of the current Global Debt Bubble will be the Bankruptcy of the financial system and many of its participants.
Everyone can see the slow-motion train wreck that is unfolding right in front of our eyes, but nobody has a plan to stop it.
Just as Jews claim exclusivity as holocaust victims of WW II despite that more Germans died and many times more Russians died and it was a holocaust experience for a number of ethnicities...
International Man: The economic, political, social, and cultural situation seems to have become increasingly volatile in the United States and more broadly in the West. Is this a unique situation or part of a recurring historical cycle?
Robert Kennedy Jr: Government Could Ban, Seize Bitcoin -- CBDCs Could Lead to Financial Slavery, Political Tyranny
There has been extensive discussion in the past couple of years within alternative media circles about the dangers of Central Bank Digital Currencies (CBDCs);
I know you're all patiently waiting for the conclusion of my Dissent Into Madness series . . .
International Man: Historically, classical banking functioned as a way to safeguard people's money--banks charged a fee to depositors for holding money and administering transfers.
International Man: Historically, classical banking functioned as a way to safeguard people's money--banks charged a fee to depositors for holding money and administering transfers.
...for commercial real estate
Kentucky Governor Andy Beshear, a Democrat, has signed HB236 into law that requires the state's public pension funds to make investment decisions on financial risks and returns; the new law bans environmental, social, and governance (ESG) factors.
When you're in a hole, stop digging. Seriously. It's frustrating to see policy makers make the same mistakes as in 2008. There are real solutions on the table.
We deserve what is coming to us..Economic collapse, corruption, WW3...We sit when we should stand.
EVERYTHING IS FINE
To most people the issue of freedom of speech is a constitutional issue and a civil liberties matter.
186 BANKS TO COLLAPSE? - NEW STUDY CONFIRMS THE CONTAGION HAS JUST BEGUN!
According to an article in the New York Times, Federal Reserve Chairman Jerome Powell says that current rapid price growth in the economy is due to such factors as...
When there is fear in the air, banks start getting really tight with their money, and right now there is lots of fear in the air.
With Economic collapse right around the corner...What to do with your money? Buy GOLD AND SILVER?
Amazon's palm-reading payment technology was first introduced at numerous Whole Foods locations in California, enabling customers to pay for their groceries by scanning their palms at checkout terminals rather than using cash or a card.
A Federal Reserve white paper has come up with a new function for money. Let's tune in.
If banks are too big to fail, they are too big.
The short answer to that question, and an accurate one, is none of the above.
The terminal Fed Funds rate is now perceived as about 5.00% down from 5.50%-to-5.75%. The market does not believe in higher-for-longer.
By now, we've all seen the losses that SVB faced on its unhedged book of Treasuries and MBS.
Watch Treasury Secretary Janet Yellen will address bank leaders from across the country at the American Bankers Association's annual Washington Summit (due to start at 1000ET):