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Articles by FMR Bankster
The Dangerous True State of the Financial System Today
The Sad Truth About the State of the Financial System Today For seven years, the world has operated under a complete delusion that Central Banks somehow fixed the 2008 Crisis. All of the arguments claiming this defied common sense. A 5th grader would tell you that you cannot solve a debt problem by issuing more debt. If the below chart was a problem BEFORE 2008… there is no way that things are better now. After all, we’ve just added another $20 trillion in debt to the US system.
The Panama Papers: This Is The Consequence Of Centralized Money And Power
Submitted by Charles Hugh Smith from Of Two Minds Technologies such as the blockchain are enabling alternative ways of creating and distributing money outside central banks and states. If we don't change the way money is created and distributed, we will never change anything. This is the core message of my book A Radically Beneficial World: Automation, Technology and Creating Jobs for All.
Squeezed By Rivals, Al Qaeda Fights To Stay Relevant
A string of unusual attacks by al Qaeda's North African branch could shed some light on the jihadist group's latest predicament. Pressure is mounting on al Qaeda in the Islamic Maghreb (AQIM) to counter the Islamic State's growing encroachment on its territory, resources and pool of recruits. The rise of an effective rival for the helm of global jihadism has forced al Qaeda to step up its game, especially in areas where it has been weakened.
"The Cat Is Out Of The Bag" - In Interview Mossack Fonseca Founders Admit It's Over... To Rothschild's Delight
Days before the ICIJ released this weekend's trove of "Panama Papers" international tax haven data involving Panamaian law firm Mossack Fonseca, Bloomberg conducted an interview on March 29 with the two founding lawyers. In it, it found that even before the full leak was about to be made semi-public (any of the at least 441 US clients are still to be disclosed), the Panama law firm knew that the game was already largely over.
Did Italy And Malta Actually Agree To Swap Oil Rights For Refugees
Did Italy And Malta Actually Agree To Swap Oil Rights For Refugees? As the Syrian refugee crisis reaches a critical impasse, both in terms of European security and refugee human rights, Brussels has found itself having to deny accusations of a secret pact between Malta and Italy to swap refugees for oil exploration rights.
Chicago PMI Spikes Most Since 1980... Yeah, Seriously
After crashing to post-Lehman lows in December, there was some hope for a bounce in January but this is simply idiotic. Chicago PMI soared 30% - the most sicne 1980 - from 42.9 (7 year lows) to 55.6 (1 year highs). This was miraculously driven by double-digit and all-time record gains in new orders and order backlogs. Behold...
EU Ombudsman To Probe Mario Draghi's Conflicts Of Interest
First some German dares to suggest Mario Draghi's ECB should be sued for getting a "bigger than god complex", and now the EU's ombudsman has the temerity to suggest Mario Draghi may have conflicts of interest due to his previous jobs, most notably at Goldman Sachs, a topic beaten to death on these pages... and various other factors.
Dallas Fed Crashes To Six Year Lows As Employment Collapses
Having missed for a record 5 months in a row, Dallas Fed Manufacturing Outlook collapsed further in May to -20.8 (against expectations of -12.4).
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