When prices are set by companies that can profit by manipulating or rigging them, we’re screwed. This “harvesting” of our money in ever-more-creative and hard-to-detect ways is not just stealing by reaching a hand into our pocket and taking out money, but stealing in which banks can hit a few keystrokes and magically make whatever is in our pocket worth less. This is corruption at the molecular level of the economy - space age stealing - and it’s only just coming into view.
Read More »Where Is This Unprecedented Global Financial Crisis Headed? (+11K Views)
Everyone must be wondering where this "unprecedented global financial crisis", (the World Bank's words), is heading. What follows, for what they are worth, are my cogitations on this crisis. Words: 1641
Read More »Derivatives Are Nothing More Than A “Game” of Russian Roulette! Here’s Why (+4K Views)
Russian Roulette: Put one bullet in the cylinder of a revolver, spin the cylinder, point the gun at YOUR head, and pull the trigger. Most revolvers have 6 chambers, so your odds of surviving are 5 in 6, IF you quit after pulling the trigger once. Press your luck, spin the cylinder, point the gun, and pull the trigger again. It might be okay. Try for a third time? Now let's play Russian roulette - derivatives style.
Read More »The Breakdown of the Monetary System Will Be Chaotic – Got Gold? (3K Views)
We have entered the endgame for the dollar as the dominant reserve currency and most investors and policy makers are unaware of the implications - but those who are will have positioned themselves in the one asset most likely to be left standing when the dust settles - gold.
Read More »The ‘Money Industry’ Owns the American Political System (3K Views)
The ‘Money Industry’ bought control of America and, as such, bought control of the American political system and, in the process, betrayed America’s trust in them. They are still in control and there is no end in sight. Words: 1611
Read More »Fed’s Policies Mask True State of Economy
When interest rates are low, businesses and individuals are more likely to borrow. Unfortunately, the resulting sub-zero interest rates were the exact opposite than those intended.
Read More »The IMF & BIS Have Issued 16 Warnings Of An Impending Financial & Social Crash – Are you listening? (+5K Views)
For several years, and in particular the last 12 months, the IMF (International Monetary Fund) and the BIS (Bank for International Settlements) have been issuing warning after warning - as outlined below - that the biggest financial and social crash in history is coming. Are you listening? The warnings are all well thought out with cogent logic and are not to be ignored!
Read More »Student Loan Debt: A Bubble That Will Eventually Pop
Student loan debt in America now ranks as the second-largest consumer debt category, trailing only mortgages and, based on the latest data, it isn’t about to end any time soon.
Read More »Pay Off Your Mortgage Years Earlier & Save $Thousands! Here Are 6 Ways
There are many ways to pay off your home loan faster. With the right tactics — like the following ones — you’ll scarcely notice the increase in your monthly payments.
Read More »The World’s 15 Worst Corporate Tax Havens
Corporate tax havens are causing the loss of huge amounts of valuable tax revenue and their use is becoming standard business practice. Indeed, 90% of the world’s biggest companies had a presence in at least one tax haven.
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