Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades. Under the Federal Reserve Act, the central bank’s lending window is open only to licensed depository banks; but the Fed is now […]
Conceding that their grip on the economy is slipping, central bankers are proposing a radical economic reset that would shift yet more power from government to themselves.
The IMF, has been instrumental in helping destroying the economy of a myriad of countries, notably, and to start with, the new Russia after the fall of the Soviet Union, Greece, Ukraine and lately Argentina, to mention just a few. Madame Christine Lagarde, as chief of the IMF had a heavy hand in the annihilation of at least the last three mentioned. She is now taking over the Presidency of the European Central Bank (ECB).
While there is considerable telecom hubris regarding the 5G rollout and increasing speculation that the next generation of wireless is not yet ready for Prime Time, the industry continues to make promises to Rural America that it has no intention of fulfilling.
The divide and conquer tactics practiced by minority ruling powers are simply age-old class divisions forced on their majority subjects, but they have become more dangerous as imperial capitalism has entered a most critical period threatening more destruction than ever before. At a time when real global democracy is both more possible and necessary than ever, humanity is split into more sub-divisions than ever, with economic stratification disguised by group identity labels, most totally and a-scientifically as separate races.
If one searches “theory of alienation” in Google, predominately Marx’s theory comes out because other theories of alienation in a political and economic level do not exist. The question is why? What is so incredible in Marx’s statement that workers get alienated from the products of their labour, which alienates them from themselves? It just does not hold much water because everyone who produces for the market gets alienated from the product at the moment of purchase.
Democratic Socialists of America (DSA) – and its two predecessor organizations, the Democratic Socialist Organizing Committee (DSOC) and the New American Movement (NAM) – had their origins in the early 1970s, at the beginning of a long-term rightward shift of United States and global politics.
The world’s first bitcoin zillionaire Libertarian Larry Lorenzo shares his secrets to how to maximize the markets and share the block chains to make two chainz.
Author Jay Dyer and Robert Taylor debate revolutionary and Masonic influence in Capitalism and Communism on America’s #1 Chadcast.
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The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”?
