Wealth Abuse
I Blame The Central Banks
by Chris Martenson The current bubbles in financial assets — in equities and bonds of all grades and quality — raging in every major market across the globe are no accident. They are a deliberate […]
Wealth Abuse
Government
The F-35, the Scam of the Century
Source: Voltaire Network The F-35 is the largest weapons program in history. This multi-role aircraft is built by Lockheed Martin with Northrop Grumman and BAE Systems as major partners. It should equip the armies of […]
Wealth Abuse
Car Repos Soar 70% As Auto Subprime Bubble Pops; “It’s Contained” Promises Fed
Submitted by Tyler Durden While on the surface the US economy has been chugging along from GDP-crashing “snow in the winter” to GDP-cratering “warmer|cooler than expected weather in the spring|summer|fall“, with bouts of GDP-boosting inventory accumulation […]
Wealth Abuse
Former Mob Boss Warns Of Stock Market Crash: “I Don’t Trust Wall Street… Buy Gold And Silver”
By Mac Slavo If you want to know how crooks behave and what you can do to protect yourself, why not ask a former mob boss? Michael Franzese was once a captain in the Colombo crime […]
Financial
Financial Times: Wall Street Plays Dangerous Derivatives Games — Again
By John Morgan The same kinds of complex, confusing derivatives that almost brought down the global financial system in 2008 are back in spades, according to the Financial Times. As one trader put it: “We’ve reformed […]
Wealth Abuse
Max Keiser: The Ugly Face Behind US Economy & the ‘Fiat Devil’
By Max Keiser & Stacy Herbert “Back in 1971 when Uncle Sam was a handsome young man, one wage earner could support an entire family in the U.S. economy, incomes were growing for all, and America […]
Wealth Abuse
Is Your Checking Account a Deposit Contract?
By Jeff Deist The blogger Bionic Mosquito has a post relating to today’s Mises Daily article on fractional reserve. Mosquito makes that point that modern deposit contracts are not bailments, with the depositor retaining ownership. Instead, the individual depositor in […]
Wealth Abuse
Not Worth a Continental
by Jeff Thomas In late-18th-century America, something of minimal value was often described as being “not worth a continental,” which referred to the continental dollar, the American currency at the time of the revolution. The continental […]
Wealth Abuse
85 Super Wealthy People Have More Money Than The Poorest 3.5 Billion Combined
By Michael Snyder The global economy is structured to systematically funnel wealth to the very top of the pyramid, and this centralization of global wealth is accelerating with each passing year. According tothe United Nations, […]
Wealth Abuse
All Hell Will Break Loose In Paper and Physical Precious Metals Markets *Video*
By Mac Slavo Despite the recent drops in gold and silver from their all-time highs just a few years ago, the fundamentals for owning precious metals as long-term investments have never been better. From a monetary […]