The instability of the global financial system and the potential for another crash have been underscored by a major sell-off of government bonds this week. Yesterday saw European markets display levels of volatility not seen since the euro zone debt crisis turmoil of three years ago. In the course of the day, the yield on the German 10-year government bond, …
How Shale Is Becoming The Dot-Com Bubble Of The 21st Century – Leonard Brecken
As I review the financials of one of the largest shale producers in the United States, Whiting Petroleum (WLL), I can’t help but notice the parallels to the .COM era of 1999 which, to some extent, has already returned to the technology and biotech sectors of today. Back then, the faster you burned cash to capture customers regardless of earnings …
The IMF Proposes “Global Wealth Confiscation”. The Appropriation of Household Savings
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,” which is code for “aggressively tax its citizens.” It goes on to build a case for drastic measures and recommends a series of escalating income and …
Information Warfare: Automated Propaganda and Social Media Bots
NATO has announced that it is launching an “information war” against Russia. The UK publicly announced a battalion of keyboard warriors to spread disinformation. It’s well-documented that the West has long used false propaganda to sway public opinion. Western military and intelligence services manipulate social media to counter criticism of Western policies. Such manipulation includes flooding social media with comments supporting the government and large corporations, using armies of …
The Volatility / Quantitative Easing Dance of Doom
The battle between the ‘haves’ and ‘have-nots’ of global financial policy is escalating to the point where the ‘haves’ might start to sweat – a tiny little. This phase of heightened volatility in the markets is a harbinger of the inevitable meltdown that will follow the grand plastering-over of a systemically fraudulent global financial system. It’s like a sputtering gas …
The ECB’s Noose Around Greece: How Central Banks Harness Governments
Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? (See January 6th post here.) It seems the European Central Bank (headed by Mario Draghi, former managing director of Goldman Sachs International) has now made good on …
Wake Up Call – How They Manage To Lie About the “Economic Recovery” – 03.09.15
The Federal Reserve issued their fourth quarter Report On Household Debt And Credit last week to the sounds of silence in the mainstream media. Here’s some actual analysis which describes how they manipulated a fake recovery and kept the masses sedated, misinformed and pliable. Lots of figures for you but they tell their own story. We can even see clearly …