TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
The U.K.’s Financial Conduct Agency recently fined Merrill Lynch $45 million, once again sparking concerns over the massive derivatives market. The wealth management division of Bank of America failed to report more than 68 million derivatives transactions dating all the way back to 2014. It had already been forced to pay $20 million in 2015 for an earlier offense. Despite Read More…
The U.S. government has spent a staggering $1.46 trillion on wars abroad since September 11, 2001, according to the Department of Defense’s (DoD) periodical “Cost of War” report. As International Business Times reports, this amounts to $250 million a day for 16 years consecutively. The newly released version, published by the Federation of American Scientists’ Secrecy News blog, spans Read More…
Hang on to your hats, folks. I know you’re going to have a hard time believing this one. Are you ready? (You might need to sit down for this.) OK, brace yourself: the US Senate just made it harder for Americans to sue banks. I know, I know. I can hardly believe it either. But Read More…
While the mainstream media has largely ignored it, the scandal surrounding Russian efforts to acquire 20% of America’s uranium reserves, a deal which was ultimately approved by the Obama administration, and more specifically the Committee on Foreign Investment in the United States (CFIUS) which included Hillary Clinton and Eric Holder, is becoming more problematic for Read More…
Last week, we identified a permanent fiscal crisis as one of the quadruple witching forces arising in October 2017 which will shatter the global financial bubble. Then, the Donald made the crisis dramatically worse by decertifying the Iranian nuke deal, thereby reinforcing another false narrative that enables the $1 trillion Warfare State to continue bleeding the nation’s fiscal solvency. In Read More…
For those who believe in the virtue of central bank economic stimulus, the moment of truth has finally arrived. Federal Reserve chairman Janet Yellen announced late last month that the Fed plans to start shrinking its balance sheet for the first time since it expanded from less than $900 billion in 2008 to an unprecedented $4.5 trillion Read More…