In the intricate web of global finance, a puzzling phenomenon has captured the attention of economists, policymakers, and financial experts alike: the growing chasm between the size of the economy as represented on paper and the tangible, physical economy that exists in the real world.
Continue reading The Great Divide: Unveiling the Gap Between Paper and Physical EconomiesCategory Archives: Financial Crisis
US on the Verge of Cutting Off Ukraine, Government Shutdown Imminent!
President Joe Biden has requested Congress to approve billions in additional funding for Ukraine. However, an increasing number of Republican leaders in the House are hesitant to support more aid for the government in Kiev. This budget standoff is pushing the US government closer to a potential shutdown.
Continue reading US on the Verge of Cutting Off Ukraine, Government Shutdown Imminent!
Billionaire Warns of Dire Aftermath of SVB Collapse
Bill Ackman says the government made “a-soon-to-be-irreversible mistake” in its treatment of the failed bank.
Continue reading Billionaire Warns of Dire Aftermath of SVB Collapse
Global Planned Financial Tsunami Has Just Begun
Since the creation of the US Federal Reserve over a century ago, every major financial market collapse has been deliberately triggered for political motives by the central bank. The situation is no different today, as clearly the US Fed is acting with its interest rate weapon to crash what is the greatest speculative financial bubble in human history, a bubble it created.
Continue reading Global Planned Financial Tsunami Has Just Begun
The Companies Where Employees Most Often Get Payday Loans
Payday loans are used by people who need money fast, who often have no other way of borrowing money to cover an unexpected expense. The benefit of these kinds of loans is they enable you to meet your immediate financial obligations. The risk, however, is you are taking on debt and incurring future obligations that require future income to fulfill.
Continue reading The Companies Where Employees Most Often Get Payday Loans
Economist Behind 2008 Financial Crash Among Elites Warning Against $2000 Stimulus Checks
78% of Americans support the proposed $2,000 stimulus check, but that hasn’t stopped the Washington Post, New York Times, and a cadre of DC economic elites from sounding the alarm against the measure.
Continue reading Economist Behind 2008 Financial Crash Among Elites Warning Against $2000 Stimulus Checks
Kushner-Linked Firm and Gig Economy Set to Reap Huge Profits as Mass Evictions Begin
With threats of homelessness and bankruptcy in the air as the eviction moratoriums subside, both renters and small landlords are getting pinched by predatory tech capitalism as the gig-economy hits the real estate market.
Continue reading Kushner-Linked Firm and Gig Economy Set to Reap Huge Profits as Mass Evictions Begin
America is Finished
About twenty years ago The Atlantic published a piece by Jeffrey Tayler named “Russia is finished” subtitled “The unstoppable descent of a once great power into social catastrophe and strategic irrelevance.” Not a very successful prediction was it?
Continue reading America is Finished
America’s Death March | Chris Hedges
Regardless of the outcome, the election will not stop the rise of hypernationalism, crisis cults, and other signs of an empire’s terminal decline.
Continue reading America’s Death March | Chris Hedges
Exceptionalism is on the Ropes and the End of the Petrodollar is Nigh
From the border wall rhetoric to trade wars, Trump is effectively setting up the implosion of the dollar and couching it as pseudo nationalistic populism.
Continue reading Exceptionalism is on the Ropes and the End of the Petrodollar is Nigh
US Senate Quietly Approves $38 Billion for Israel Amid Historic Economic Downturn
S.3176 was passed without being named, debated, or even discussed, even though it would set into law the largest such aid package in US history.
Continue reading US Senate Quietly Approves $38 Billion for Israel Amid Historic Economic Downturn
The Great GOP Tax Cut Heist: Federal Deficit Ballooning at $1 Trillion Annually
The Trump promoted GOP scam was all about benefiting corporate interests and high-net-worth households. Continue reading The Great GOP Tax Cut Heist: Federal Deficit Ballooning at $1 Trillion Annually
Will Fed Engineer Next Crash to Topple Trump?
For those who follow major financial markets closely, the warning signs of the next major US financial market Tsunami are gaining more frequency daily. Some weeks ago attention was on so-called Emerging Markets, especially Turkey, Argentina, Indonesia, India or Mexico. Continue reading Will Fed Engineer Next Crash to Topple Trump?
How the Rich Eat the Poor and the World
The 2016 Oxfam Davos Report which the mass media have ignored arrestingly shows that 62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, it reports from its uncontested public sources that this share of wealth by half of the world’s people has collapsed by over 40% in just the last five years. Continue reading How the Rich Eat the Poor and the World
The Final Demise of Dollar Hegemony?
Sanctions left and sanctions right. Financial mostly, taxes, tariffs, visas, travel bans – confiscation of foreign assets, import and export prohibitions and limitations; and also punishing those who do not respect sanctions dished out by Trump, alias the US of A, against friends of their enemies.
Continue reading The Final Demise of Dollar Hegemony?Fleeing the Buck
For turning against NATO in favor of the Russia-China-Iran Alliance, Turkey is now being aggressively attacked financially, which forces its currency Lira to plummet in recent days. The fiat US dollar is the only weapon left for the Western Deep State, and it may not be enough to regain control over Eurasia. Continue reading Fleeing the Buck
Can Bitcoin defy logic and go to Infinity and Beyond?
The cryptocurrency bitcoin has done a passable imitation of Buzz Lightyear from Toy Story, by going “to infinity and beyond” with its price increasing tenfold in the last year. Continue reading Can Bitcoin defy logic and go to Infinity and Beyond?
Is Bitcoin Standing in for Gold?
In a series of articles posted on www.paulcraigroberts.org, we have proven to our satisfaction that the prices of gold and silver are manipulated by the bullion banks acting as agents for the Federal Reserve. Continue reading Is Bitcoin Standing in for Gold?
How Capitalist Central Banks Have Been Creating the Next Financial Crisis
As central bankers, finance ministers, and government policy makers head off to their annual gathering at Jackson Hole, Wyoming, this August, 24-26, 2017, the key topic is whether the leading central banks in North America and Europe will continue to raise interest rates this year. Continue reading How Capitalist Central Banks Have Been Creating the Next Financial Crisis
Geopolitical Tensions are Designed To Distract the Public from Economic Decline
Tracking geopolitical and fiscal developments over the past several years is a bit like watching a slow motion train wreck; you know exactly what the consequences of the events will be, you try to warn people as much as possible, but, ultimately, you cannot reverse the disaster. The disaster has for all intents and purposes already happened. What we are witnessing is the aftermath as a forgone conclusion. Continue reading Geopolitical Tensions are Designed To Distract the Public from Economic Decline
EU Explores Account Freezes to Prevent Bank Runs | Reuters
They’re not hiding it anymore. The European Union unelected crew will continue to protect the “too big to fail” banks that put them in power, even at the cost of the people suffering from what’s expected to happen at year end. Continue reading EU Explores Account Freezes to Prevent Bank Runs | Reuters
Another EU-US Financial Crash is Expected by Year End
There’s another round of economic recession in the West by year end, unless tangible and profound reforms are implemented. This is the grave warning that’s being repeated again by the Executive Intelligence Review. Continue reading Another EU-US Financial Crash is Expected by Year End
The European Central Bank Switched to Chinese Yuan for the first time!
In what could be a major sign of things to come, the European Central Bank just switched to Chinese Yuan for the first time. Will this be the beginning of the end for the fiat US dollar? Continue reading The European Central Bank Switched to Chinese Yuan for the first time!
Venezuela Not Paying $2.8 Billion Bonds Now Held by Goldman Sachs
Venezuela continues to defy western financial attack by never knelling to western banks seeking to profit on the agony of its citizens. Goldman Sachs is betting on the current low priced state oil firm stocks, while the other arm of the Deep State is doing all it can to put in power Venezuelan opposition parties under its thumb. Continue reading Venezuela Not Paying $2.8 Billion Bonds Now Held by Goldman Sachs
The Banking Secret that neither Economists nor Laypeople Know | G. Washington
One of the most successful use of esoteric arts is the creation of the perception of wealth that we know today as money. Everybody falls for it. Continue reading The Banking Secret that neither Economists nor Laypeople Know | G. Washington
Super-rich American ‘preppers’ buying Estates in New Zealand
Wealthy Americans are preparing for a possible US collapse or revolt by the poor and buying properties in New Zealand, The New Yorker magazine reported. Continue reading Super-rich American ‘preppers’ buying Estates in New Zealand
Graphic Proof Wrong Bankers were Suicided
During the massive resignations of banking CEOs around the world in the early part of the year 2012 [here], there’s already a lot of speculations that some of these bad bankers will be executed for abusing the trust of the people by giving themselves huge bonuses after the $15 trillion bailout using taxpayers’ money, among other high crimes.
Continue reading Graphic Proof Wrong Bankers were Suicided
What Cabal Wants to Happen in Russia is Now Developing in Venezuela
Saudi Arabia’s deliberate increase in oil production to plunge oil prices is not to deplete the Khazarian Mafia’s financial muscle as earlier reported but is actually aimed at undermining Russian economy to bring down Vladimir Putin.
Continue reading What Cabal Wants to Happen in Russia is Now Developing in Venezuela
China Calls Rothschild’s WW3 Bluff with Gold-Backed Yuan & 12,000 km Range Missile Test
Today, Chinese President Xi Jinping calls for “a joint battle command system that wins war” in response to constant Khazarian instigation for war, capitalist sourgrapers they all are.
Continue reading China Calls Rothschild’s WW3 Bluff with Gold-Backed Yuan & 12,000 km Range Missile Test
China Launches "Yuan Gold Fix"
It’s official.
Overnight, China launched its gold-backed Yuan to boost its control over the gold and paper currency market at the same time. Although, mainstream media are saying that it is a “Yuan gold fix” where gold has a fix Yuan units equivalent, it’s basically the same banana.
Continue reading China Launches "Yuan Gold Fix"
Fiat Dollar Collapse: Are these signs that BRICS will pull it down soon?
Prior to WTC Building 7’s “mysterious” destruction, Larry Silverstein is said to have uttered, “Pull it, pull it!”,
while the structure was still burning.
We are also told that the exact time when the fiat dollar finally crashes is when the banks tell us exactly the opposite of how the fiat dollar is actually doing.
Continue reading Fiat Dollar Collapse: Are these signs that BRICS will pull it down soon?
Fiat Economic Collapse is Happening Now & So are the Earthquakes
The combined printing of trillions in fiat dollar out of thin air, and owing more money than any nation in history just to finance the insatiable appetite of the military industrial complex instead of
modernizing its basic economic infrastructures and creating new industries, are the prime causes of the ongoing economic collapse in the United States today.
Continue reading Fiat Economic Collapse is Happening Now & So are the Earthquakes
Western Society, A Victim of its Own Economic Hitmen, too!
It used to be that the so-called economic hitmen were only targeting other countries outside of the West, but as these usual targets are slowly waking up to the scheme and started resisting the machinations, not without risk of course, those same economic hitmen are now targeting their own countries, too.
Continue reading Western Society, A Victim of its Own Economic Hitmen, too!
The Economic Crash of 2016 Has Begun
The financial crash is already happening and the central banks are visibly panicking, they are now resorting to negative interest rates for the first time!
Continue reading The Economic Crash of 2016 Has Begun
EU Abolishing Cash to Facilitate Technocratic Dictatorship; BRICS Using Asset-backed Currencies Only
The highly anticipated elimination of cash in favor for full electronic transactions is about to be implemented in Norway, Denmark, and Sweden.
Continue reading EU Abolishing Cash to Facilitate Technocratic Dictatorship; BRICS Using Asset-backed Currencies Only
To Break Free from Khazarian Tyranny, Western Societies Need to March with Asia
The post-war Marshall Plan was funded with the Collateral Accounts from Asian historical treasures with a precondition that it must be used for peaceful post-war reconstruction.
Continue reading To Break Free from Khazarian Tyranny, Western Societies Need to March with Asia
The Big Squeeze vs. Khazarian Mafia
The result of the well-coordinated operation to cut-off the Khazarian Mafia from the rest of the global economy is now undeniable. The fiat FED dollar denominated economy is effectively shut down as indicated in the free-falling Baltic Dry Index.
Continue reading The Big Squeeze vs. Khazarian Mafia
International Shipping Shuts Down; Baltic Dry Index Freefalling
International cargo vessels today are all docked and anchored in most seaports all over the world, and the last trips they may have had were for the December holidays shopping spree.
As of yesterday, the most prominent global indicator for international shipment of physical goods, the London-based Baltic Dry Index, is in free fall.
Continue reading International Shipping Shuts Down; Baltic Dry Index Freefalling
Chinese Yuan is now a Reserve Currency & Will Be Gold Backed
The International Monetary Fund has just included the Chinese Yuan in its SDR basket of currencies paving the way for it to become a currency of choice starting October 2016. This Yuan SDR inclusion will further shutdown the dominance of the dollar as the preferred currency for global exchange.
Continue reading Chinese Yuan is now a Reserve Currency & Will Be Gold Backed
World's Biggest Pension Fund Loses $64 Billion Amid Equity Rout
The world’s biggest pension fund posted its worst quarterly loss since at least 2008 after a global stock rout in August and September wiped $64 billion off the Japanese asset manager’s investments.
Continue reading World's Biggest Pension Fund Loses $64 Billion Amid Equity Rout
Dollar & US Treasury Dumping Continue While Civil Asset Forfeitures Exceed Burglary; Bank Deposits at Risk
When the United States economy is being threatened by large foreign creditors, e.g. China and Japan, it has no other option but to seize people’s assets, i.e. real estate properties and bank deposits. Already, the amount of police civil asset forfeitures have exceeded burglary in 2014 alone.
Continue reading Dollar & US Treasury Dumping Continue While Civil Asset Forfeitures Exceed Burglary; Bank Deposits at Risk
$25 Billion Fine for A $32 Trillion Foreclosure Fraud Proof of Gov’t + Bank Conspiracy
Multiple global banks have been fined “record breaking amounts” for foreclosure fraud and interest rigging, yet when we compare it to the actual damages that should have been awarded to the actual victims of the whole Ponzi scheme it would appear that the so-called “record breaking amounts” are just a trickle in the grand swindle bucket.
Continue reading $25 Billion Fine for A $32 Trillion Foreclosure Fraud Proof of Gov’t + Bank Conspiracy
The Federal Reserve’s Multi-Trillion Dollar Dilemma
Everything about the US economy is ready to explode. The hesitance of the Federal Reserve, Inc. to raise interest rates was not just about China.
Continue reading The Federal Reserve’s Multi-Trillion Dollar Dilemma
#BlackMonday: From Panic to Judgment Day
The final phase of the global financial reset is here and it’s ugly for the stock markets worldwide.
It’s still red all over the place.
Continue reading #BlackMonday: From Panic to Judgment Day
All Stocks Still in Red, Let's Bomb China Again
Another chemical plant with 300,000 tons of adiponitrile exploded in China at 8:50 PM last night. That’s the second chemical storage to have been blown in a week, and we are asking ourselves why after decades of unprecedented economic progress, they still haven’t learn how to do things properly.
Is that really the case here?
Continue reading All Stocks Still in Red, Let's Bomb China Again
US, Inc. is Gearing Up for Onrushing Economic Apocalypse
The recent spate of bombings in Asia is just a symptom of what’s to come soon.
This is just a synopsis of what can be expected next month.
Continue reading US, Inc. is Gearing Up for Onrushing Economic Apocalypse
The Reign of Western Oligarchy is Finally Over
Just recently China devalues its Yuan from the dollar to benefit its exporters while making US products more expensive to import, in addition to the massive unloading of US dollars and US treasury bonds in exchange for gold bars. These actions coupled with that of the Saudis may further weaken the influence of the fiat US dollar worldwide and indeed that’s the whole idea.
Contrary to most expert assessments, China does have the capacity to play with its own currency and in fact, with the whole economy because it can survive by itself without being too dependent on Western markets, but with just a little help from friends in the BRICS Alliance.
Continue reading The Reign of Western Oligarchy is Finally Over
Germany Made 100 Billion Euros from Greek Crisis
Here’s one more proof that the whole financial system is one big swindle.
The paper-based monetary system started with nothing, literally. It came into life just by virtue of an imposed agreement. Played with rosy promises, the whole system was put into action with deliberately complex layers of paper shuffling and mind-numbing plethora of financial gobbledygook to cover its empty, shallow foundation.
Continue reading Germany Made 100 Billion Euros from Greek Crisis
The $1.5 Quadrillion Time Bomb
The glorified usury system of the West has superheated past its boiling point and is ready to explode.
Continue reading The $1.5 Quadrillion Time Bomb
Europe’s Vindictive Privatization Plan for Greece
Eurozone leaders demanded that Greek public assets be transferred to a Treuhand-like fund – a fire-sale vehicle similar to the one used after the fall of the Berlin Wall to privatize quickly, at great financial loss, and with devastating effects on employment all of the vanishing East German state’s public property.
Continue reading Europe’s Vindictive Privatization Plan for Greece
We Are Entering a New State of the World Economy
The Schiller Institute and the LaRouche Movement are being listened to by Asian governments and the economic template that they have formulated decades ago is serving as the fundamental outline of the Eurasian Project and the reestablishment of the Silk Road multi-cultural economic sphere.
But it’s not Asia only, or the BRICS in general, that are entering a new sociopolitical and economic phase .
Continue reading We Are Entering a New State of the World Economy
Tsipras is the Real Trojan Horse!
Only days ago, the people of Greece gave a resounding NO to IMF/EU austerity bailout programme. Yet, no less than the man who called for such referendum capitulated to all the terms previously presented by the Troika with additional preconditions.
Continue reading Tsipras is the Real Trojan Horse!