Archives for: Goldman

3

Abolish central banks and slay the zombies

by Mitch Feierstein about 4 months 2 weeks 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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1

Wall Streets Latest Dirty Little Secret – The Fix Is In

by Mitch Feierstein about 1 year 10 months ago

At yet another select committee recently – they’ve been doing a good job – Vince Cable was grilled about the huge leap in the Royal Mail’s stock market value. As you’ll remember, the firm was floated at 330p a share and traded as high as 600p in November, a rise of 82% in a few [...]

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1

Mitch Feierstein Warns of Coming Financial Collapse

by Mitch Feierstein about 2 years 11 months ago

Chris Menon interviews the author of the best-selling Planet Ponzi on the housing bubble, market manipulation, gold and the subversion of democracy Monday, 16 June 2014 at 09:49 Chris Menon: In Planet Ponzi you’ve written about the huge debt bubble that was created over the past 30 years. For those who haven’t read your book, how [...]

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24

Currency Wars Have Begun: Central Banks in Denial or Worse

by Mitch Feierstein about 4 years 2 months ago

Here’s a piece of recent news that you almost certainly missed: A large consumer products company, Johnson & Johnson, announced a one-off loss owing to a 32 percent currency devaluation in Venezuela. The reason I expect you missed that less-than-seismic piece of news is that, unless you happen to be particularly fascinated in Johnson & [...]

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22

The World in 2013 – Some predictions

by Mitch Feierstein about 4 years 5 months ago

  The return of the undead Berlusconi to return to Italian politics. Mario Monti to quit (and return to Goldman Sachs for a annual honorarium of $50,000,000). The Italian long bond to go to 600 basis points over bunds. Investors to notice that Italy is still in the position of having massive debts and a [...]

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0

That Old Sweet Goldman Magic

by Mitch Feierstein about 5 years 6 months ago

Ah, don’t you just love traditions? Hollowing out a pumpkin for halloween. Sitting down to turkey for Thanksgiving. Seeing family and friends around the winter holiday season. And Goldman’s the same. It’s a traditional sort. Once it’s got into a habit – excessive leverage, taking huge risks and disguising them, helping to bankrupt Western capitalism, [...]

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