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Systemic banking fraud means next crisis will be worse

by Mitch Feierstein about 5 years 4 weeks ago

Remember him?: The risks have not gone away since Hank Paulson was US Treasury Secretary Henry Paulson. Hank. Remember him? Of the crisis in 2008, he said: “Where I come from, if someone takes a risk and they’re going to make the profit from that risk, they shouldn’t have the taxpayer pay for the losses.” […]

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Central Banks – An explosion heard round the world

by Mitch Feierstein about 5 years 2 months ago

Why global central bankers’ great monetary experiment is about to explode. During the past eleven years, we have witnessed unprecedented manipulation of stock, bond, and property prices by global central banks. The inflation of these grotesque asset bubbles will not end well as indicators in the USA point towards an economic recession. For the past […]

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  The traditional media in the United States are aggregators of the agenda-driven propaganda narrative propagated by the “deep state” and the “shadow government”. How did this happen? Easy, six mega-corporates own the US media. * News Corporation owns Fox, Barron’s, the Wall Street Journal, the New York Post, and HarperCollins Publishing. * Comcast owns […]

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How Central Bank Asset Bubbles and Currency Wars Destroy Emerging Markets

by Mitch Feierstein about 5 years 7 months ago

Has the out-of-control cabal of central banks inflated grotesque asset bubbles in global property, stock, and fixed-income markets? Or are we to believe traditional media’s “fake news” mantra of “it’s different this time?” Well, bad news, folks. It’s never different, not this time, not anytime, NEVER.   Capitalism is being destroyed The US Federal Reserve, […]

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Abolish central banks and slay the zombies

by Mitch Feierstein about 5 years 8 months ago

  It’s different this time, or is it? The US Federal Reserve, the Bank of England, and the European Central Bank have become gargantuan, out-of-control, rogue hedge funds. Global central banks have magicked-up hundreds of trillions of dollars in debt and guarantees. Global stock market valuations are stratospheric—buoyed by stock buybacks, funded by record corporate […]

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Cashless Societies Signal Death To Democracy And Liberty

by Mitch Feierstein about 5 years 9 months ago

How Trump and The EU’s Demise Can Boost India’s Economy  Trump’s presidency as well as the positions taken by Western liberal elites will provide India with a wonderful opportunity to grow and take its place as an economic powerhouse. The positions taken by liberal elites have resulted in a threat to Western democracy. Now, these […]

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Neoliberalism: The Obama/Clinton War On Liberty And Democracy

by Mitch Feierstein about 5 years 9 months ago

During the past election cycle, our political elites, oligarchs, and the DNC decided another eight years of neoliberalism was just the medicine America needed, and they did everything in their power to ensure that it happened, regardless of what America really wanted. Hillary Clinton’s campaign and the elite oligarchs relied exclusively on the propaganda megaphones […]

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Democracy, Oligarchy, Or Tyranny: It’s America’s Choice—Or Is It?

by Mitch Feierstein about 5 years 10 months ago

This year’s presidential election has brought into sharp relief the fact that our justice system—in fact, our whole way of life—is in trouble. Crimes by the political elite, particularly those of Hillary Clinton and her cronies, are not being addressed by the criminal justice system. Instead, they are being swept under the rug and willfully […]

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We put out one fire but now Mark Carney wants to start another

by Mitch Feierstein about 5 years 10 months ago

Mervyn King’s decade at the Bank of England was a disaster. The Bank was too slack during the long and indisciplined boom, under prepared for the crash and playing catch-up thereafter. The legacy of Lord King’s (and Gordon Brown’s) career has been an economy still limping along far below peak output, real wages caught in […]

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Capitalism Without Bankruptcy is Like Catholicism Without Hell

by Mitch Feierstein about 6 years 5 months ago

Barack Obama was recently on the stump, defending the latest set of lackluster jobs figures. Obama blamed ‘serious headwinds’ including higher gas prices and, more recently, the developing crisis in the Eurozone. Having handed much of the blame to foreign oilfields and European crises, he returned to more familiar ground, bashing a Republican-controlled House for blocking some of the proposals in […]

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