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Global economic strategist sees recession in U.S. as consumers finally capitulate

Just as a New York Times columnist attempted to spew propaganda last week by blaming the 'dumbing down' of the American people for the reason behind the lack of trust in their newspaper and mainstream media as a whole, those in the business media quite often do the same by vilifying economists and analysts who do not toe the line in saying that the economy is good, or that the Fed is all-knowing and all-pow ...

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Central bank policies are proved to only aid 1%ers as the Fed Vice-Chairman admits the bank picks winners

Following the annual Jackson Hole meeting of U.S. central bankers a week ago, the Vice-Chairman of the Federal Reserve admitted something that most 'conspiracy theorists' had already deduced... that the private bank not only picks winners and losers in the economy, but overwhelmingly does so for the 1%ers. Stanley Fischer: Well, clearly there are different responses to negative rates. If you’re a saver, the ...

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A member of the European Union parliament seeks money to research a EU blockchain currency

It is bad enough that four major banks who are allowed to borrow as much cash as they desire find that even that is not enough, and are now working on building a crypto-currency to use in inter-bank settlements.  And with the success of digital currencies like Bitcoin, and its platform known as blockchain technology, even the European Parliament is getting into the act as a member of the EC is seeking a gra ...

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Complete List Of Rothschild Owned And Controlled Banks

Image: Vintage Rothschild Chateau By: yournewswire.com   An increasingly number of people are waking up to the fact that 99% of the Earth‚Äôs population is controlled by an elite 1% ‚Äď but did you know that there are theories about one family, the Rothschild, that they rule everything, even that elite 1%? Behind the scenes the Rothschild dynasty is unquestionably the most powerful bloodline on Earth and t ...

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Major Bank Official: Banks Are ‚ÄúPreparing for an Economic Nuclear Winter‚ÄĚ

After years of giveaways to megabanks, marketed to the taxpayers as ‚Äėquantitative easing,‚Äô the crutches shoved under the banker-controlled global stock trade are about to snap. Bankers now say they are preparing for the collapse. In June of 2015, former Congressman Ron Paul predicted that these crutches would fail, and the financial bubbles created by them would send the stock market into a free fall. ‚ÄúThe ...

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Germans join the Japanese in rushing out to buy safes as their trust in banks erodes

Earlier this year, a story broke about thousands of Japanese rushing out to purchase home safes to store their cash in since trust in their banking system fell off a cliff with the advent of negative interest rates.  Now on Aug. 30, this same phenomenon is occurring thousands of miles away in Germany, where the people in the largest EU nation are making their own 'run against the banks' in the wake of two f ...

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Did China just validate the world is in recession?

Contrary to the West's belief that the state of the U.S. economy determines the state of the global economy, in today's world the real indicators on whether the economy is in a a growth phase or in recession come from China. China is the world's largest manufacturing power, and also has the world's largest banking system.  And when you couple this with the fact that they are also the world's largest exporte ...

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Creator of Dodd-Frank banking law begs Fed to do anything to stop a market crash to protect Hillary in election

Former Congressman and co-creator of the nefarious Dodd-Frank Wall Street Reform Act, Barney Frank, spoke to The Hill over the weekend and told the publication that he is advising the Federal Reserve to do everything in their power to stop the market from crashing before the November election.  And this especially includes ensuring that there are no rate hikes in September which could severely diminish Hill ...

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Blockchain backlash: Major banks could use Bitcoin model to create the one world currency

For the entities pursuing a one world government and one world monetary system, the creation of the Blockchain may have been exactly what they were looking for. Anarcho-capitalists and anti-central bank revolutionaries were in many ways behind the creation of both Bitcoin and Blockchain technologies,  and yet their creation may actually one day come back to haunt them.  Right now four major banks are workin ...

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Finland bringing back discussions of helicopter money directly to consumers

Earlier this year, Finland broached the idea of a direct payments to consumers as a means to help stimulate their economy.  Known in the mainstream as 'helicopter money' after former Fed Chairman Ben Bernanke declared he would do anything including dropping money from a helicopter to stimulate growth, this scheme has also been suggested in country's such as Switzerland and Japan. And while the idea went on ...

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The invisible hand always wins: Interbank lending rates rising despite central bank ZIRP and NIRP policies

One of the biggest reasons why economic events such as hyperinflation are so devastating is because they occur in a flash, and usually beyond the reach of governments and central banks to be able to stop them.  And in a nutshell, the invisible hand of market forces will always outdo anything man can construct to oppose them, just as nature will always win out over technology in the long run. And now we are ...

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Ireland joins the European bandwagon as they begin to charge customers for holding money in banks

The repercussions of Europe's negative interest rates policies are starting to come fast and furious as now Ireland has joined Germany and Austria in having a bank start to charge their own depositors for holding money in the financial institution. On Aug. 19 it was reported that the Bank of Ireland will soon be charging business account holders a .01% (fee) on those who hold more than¬†‚ā¨10 million in deposi ...

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