Mike Whitney – Markets Gone Mad

Imagine your doctor put you on a daily dose of oxycontin, phenobarbital and Quaaludes for six years straight. Then he suddenly cancelled your prescription. Do you think your behavior might become a bit erratic? This is what’s going on with the stock market. It’s trying to shake off six years of overmedication brought on by the Fed’s zero rates and …

Ellen Brown – Time for the Nuclear Option: Raining Money on Main Street

Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy. All other options having failed, governments will be reduced to issuing money outright to cover budget deficits. So warns a September 18 article on ZeroHedge titled “It Begins: Australia’s Largest Investment Bank Just Said ‘Helicopter Money’ Is 12-18 Months …

George Monbiot – Britain’s Mafia State

Be reasonable in response to the unreasonable: this is what voters in the Labour election are told. Accommodate, moderate, triangulate, for the alternative is to isolate yourself from reality. You might be inclined to agree. If so, please take a look at the reality to which you must submit. To an extent unknown since before the First World War, economic …

Graham VanBergen – The 2015 Global House Price Crash Accelerates

Housing markets are prone to the bandwagon effect, they continue rising when the fundamentals vanish, a year, maybe two years before. Stock market and commodity price volatility and declines are currently chronicled ad-nausea by the press without seeing the dramatic upswing of international property price falls. What is alarming is the pace of price declines. Even countries where prices are not falling, …

It’s Our Money with Ellen Brown – If Capitalism is so great, then why….. – 09.02.15

Capitalism is often touted as the most dynamic marketplace performer capable of lifting more boats faster than any other — but why then do we see its colossal failures as a stable and equitable driver of well-being for the vast majority of its practitioners? Ellen speaks with one of the most knowledgeable economic experts on economic systems, Dr. Richard Wolff, about how capitalism fails in part because of its anti-democratic underpinnings that rock many of those boats and swamp others while letting the captains of capital cruise on. We also talk about the emerging popularity of Quantitative Easing for the People and the importance of values-driven common cause for change.

Ellen Brown – Trumping the Federal Debt without Playing the Default Card

“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” — Former Fed Chairman Alan Greenspan on Meet the Press, August 2011 In a post on “Sovereign Man” dated August 14th, Simon Black argued that Donald Trump may be the right man for the presidency: …

Bill Holter – The Quadrillion Dollar Derivative Debt and the “Bail-in”: When you Deposit Funds in a Bank, it Becomes “Their Money”

The world is awash with “promises”. Nearly everything we think of as having “value” is because of a promise behind it. A few examples; your bank accounts, retirement funds, bonds and even the dollar bills in your pocket. Your bank account for example, once you deposit the money it is no longer yours. You can argue this if you wish …

How Much Money Did the Fed Dump into the Stock Market? By Joshua Krause

Ever since the housing crash of 2008 and the stock market crash that followed, there has been an undeniable trend in our economy. As soon as the Fed began its quantitative easing program, the stock market started to recover. The more cash they dumped into the economy, the higher NASDAQ would soar. To the central planners in Washington, this was a recovery, …

The escalation of global financial parasitism – Nick Beams

The announcement last week by the European Central Bank (ECB) that it was going to front-load asset purchases under its quantitative easing program was another revealing insight into the state of global financial markets. It underscored their volatility and the lack of any overall plan by the financial authorities, supposedly in charge, who rush from one trouble spot to another …

Wall Street Just Got More Pessimistic About the U.S. Economy. Will the Fed Follow Suit? – Matthew Boesler Catarina Saraiva

Federal Reserve officials will probably cut their forecasts for economic growth when they gather again next month, though not enough to deter their intent to raise interest rates later this year. The median respondent to a survey of 79 economists conducted by Bloomberg from May 8 to May 13 said U.S. gross domestic product would grow 2.3 percent in the final quarter of 2015 …