As the Covid-19 pandemic destroys incomes, the middle class is forced to pay exorbitant credit card rates. How much longer are the debt-serfs willing to get fleeced by bankers and politicians brain-frozen on designer ice cream? The repeated rinsing of taxpayers has hollowed out the UK and US middle class, and  continued polarization will surely […]

Covid-19 lives, Capitalism dies: Oligarchs, buying influence in Washington and Westminster, have become reliant upon bankers and politicians providing taxpayer-backed bailouts when their reckless highly leveraged bets go wrong. Since 2010, companies trading on the S&P 500 stock index spent over $5.3 trillion on stock buybacks. Allowing companies to borrow money so they can buy back […]

After 2008, we were promised that too-big-to-fail caused by too much debt, credit, and leverage was history. Covid-19 exposed Wall Street’s culture of “Heads I win, tails you bail me out.” That’s not capitalism, it’s extortion. Are globalization’s new record highs a minefield-filled Potemkin village? In 2020, financial markets have set numerous records. In January, […]

Debt matters. In Washington’s swamp, no one CARES about debt. Big government has become more addicted to debt than drug addicts to a pipe full of crack. In October 2019, the International Monetary Fund downgraded its global growth forecast with a stark warning for 2020 that “Global growth will fall to the lowest levels since 2008’s […]

A trader of the New York Stock Exchange (NYSE) The Covid-19 market turmoil set off a chain of flashbacks in my mind, from crisis to crisis over the past 40 years. They all fit together in a picture of Wall Street fraud and criminal policies, with the virus as the last straw. Last week, I […]

The 12 December general election will be the most crucial election, not only in our lifetimes but also in the history of the United Kingdom. Faith and trust in Westminster and our Parliament have never been lower.  Why? What’s happened to society?  The reality is that those who call themselves inclusive, tolerant, diverse and accepting […]

Why we need to audit and shutter the U.S. Federal Reserve. The Federal Reserve has nothing to do with the federal government and is not a bank.

Inspector general. What a laugh. This is not how democracy works. This is an oligarchy. The “bull markets” over the past decade were based entirely on the Central Banks buying equities and recklessly providing hundreds of trillions in liquidity. Earnings peaked long ago, accounting gimmicks, buybacks el al – only work until they don’t. In the USA, for example, Q4 saw Jerome Powell’s Federal Reserve provide 500 billion in QE, which he dared to say was not QE. Not only that, but what’s worse, much worse is the Federal Reserve is now monetizing debt, washed through primary dealers. Everyone made big money in the past decade, but this new decade we will see the “big unwind,” and it will be ugly.

The only convictions of the investigation were low-level crimes which had nothing to do with Trump. New York: After 675 days, 25 million dollars, 2,800 subpoenas, over 500 witnesses, and more than 500 search warrants, all of which took up the time of 20 prosecutors and nearly 50 FBI agents, Special Counsel Robert Mueller submitted the […]

On January 17, 1961,  58 years ago, President Dwight David Eisenhower* gave his farewell address to the nation. In his speech, Eisenhower recognized that after WWII, the United States was “compelled to create a permanent armaments industry” and build up a gigantic military force. The Cold War made clear the “imperative need for this development,” […]