Even as some insist that the global economy is in “secular stagnation,” the facts suggest that we may be entering the “worst” depression in history. The global markets have been on a slippery slope since the summer of 2007, and things have only been getting worse in 2016. The picture looks dismal, no matter which theoretical lens one uses. (This […]
The post Has the Crash of the Global Financial Markets Begun? appeared first on BSNEWS.
In a landmark infrastructure bill passed in December, Congress finally penetrated the Fed’s “independence” by tapping its reserves and bank dividends for infrastructure funding. The bill was a start. But some experts, including Congressional candidate Tim Canova, say Congress should go further and authorize funds to be issued for infrastructure directly. For at least a […]
Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy. All other options having failed, governments will be reduced to issuing money outright to cover budget deficits. So warns a September 18 article on ZeroHedge titled “It Begins: Australia’s Largest Investment Bank Just Said […]
British MP Jeremy Corbyn has proposed a “People’s QE” that has critics crying hyperinflation and supporters saying it’s about time.
Dark horse candidate Jeremy Corbyn, who is currently leading in the polls for UK Labour Party leadership, has included in his platform “quantitative easing for people.” He said in a July 22nd presentation:
British MP Jeremy Corbyn has proposed a “People’s QE” that has critics crying hyperinflation and supporters saying it’s about time. Dark horse candidate Jeremy Corbyn, who is currently leading in the polls for UK Labour Party leadership, has included in his platform “quantitative easing for people.” He said in a July 22nd presentation: The ‘rebalancing’ […]
“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” — Former Fed Chairman Alan Greenspan on Meet the Press, August 2011 In a post on “Sovereign Man” dated August 14th, Simon Black argued that Donald Trump may be the […]
Tim Geithner is seated at Charlie Rose’s exclusive Table Ronde, his fashionable curly locks carefully askew on his lofty forehead, his hands expressively illustrating his financial competence. He has published a book destined for stardom, Stress Test, and he confronts Charlie who loves to flog best sellers before they are.
The dangerous underfunding of US infrastructure was underscored by a fatal train derailment on May 12th. The tragedy did not deter the House Appropriations Committee from voting to slash Amtrak funding the very next day. There are ways Congress could fund its massive infrastructure bill without raising taxes. But the conservative-controlled Congress seems to have other plans for the nation’s profitable public assets.
[audio mp3="http://www.corbettreport.com/mp3/2015-05-14%20Financial%20Survival.mp3"][/audio]Every week James appears on Financial Survival with Alfred Adask to discuss news, economics and current events. This week they discuss the Eurozone meltdown and the unlikelihood of a Grexit, why more Americans are renouncing their citizenship than ever, and how a global tax grid is being constructed behind the scenes as a cornerstone of world government.
Do away with elections? To even think such a thought is treasonous. An election, or should I say a presidential election, is one of the few occasions, or should I say the only occasion, on which we take a genuine interest in government. We are spectators at a sporting event, a mix of a bullfight, prizefight and a barroom brawl. We get into heated arguments about which team is “better” about who deserves to win, about which gladiator will be the best for the country. There is an uppercut, a right cross, a roundhouse and he or she (not too often) is down for the count. No, he is not out.
