Tag Archives: economy

Financial System Has Come to an End – Martin Armstrong

Greg Hunter
USA Watchdog

July 24, 2021

Legendary financial and geopolitical cycle analyst Martin Armstrong thinks we have come to the end of the line for the financial system, and this is why globalists are on a power grab of epic proportions.  Armstrong explains, “The system has come to an end.  They know they can no longer borrow indefinitely.  So, what is this “Great Reset’?  It is basically a move to redesign the world monetary system.  They are going to stop the borrowing that they are doing, and they are just going to print.  You also have this move for a digital currency.  Once they move to a digital currency, they can impose negative interest rates and just take money out of your account at will.  People don’t realize what this really is.

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‘The Great Reset and Your House’

Trader University
June 13, 2021

This is an especially interesting analysis of today’s so-called ‘property boom,’ which upon deeper inspection is to a large degree manufactured by major financial players such as Blackrock and the endless money printing of central banks.

Whether Bitcoin is the answer to such far-reaching (and perhaps planned) corruption, as the commentator suggests, is another matter entirely.

Wall Street and the Bolshevik Revolution

Because the United States is in the midst of a communist social and economic revolution akin to the one that swept through Russia in the early 20th century (with the same interests fueling the tumult) there couldn’t be a more timely book to consider than Wall Street and the Bolshevik Revolution by the late academic historian Antony C. Sutton (1925-2002). It is among those rare works that convincingly disproves the well-worn thesis that Western finance capitalism and socialism were at odds. The title can be found in its entirety here, and below is the first chapter that provides a succinct overview.
Sutton is best known for Western Technology and Soviet Economic Development and America’s Secret Establishment: An Introduction to the Order of Skull and Bones. Below is an interview with Sutton that was part of a promotional project for the book, The Romanov Royal Martyrs
Wall Street and the Bolshevik Revolution | An Interview with Professor Anthony C. Sutton (1987)

THE ACTORS ON THE REVOLUTIONARY STAGE

Dear Mr. President: I am in sympathy with the Soviet form of government as that best suited for the Russian people… Letter to President Woodrow Wilson (October 17, 1918) from William Lawrence Saunders, chairman, Ingersoll-Rand Corp.; director, American International Corp.; and deputy chairman, Federal Reserve Bank of New York

The frontispiece in this book was drawn by cartoonist Robert Minor in 1911 for the St. Louis Post-Dispatch. Minor was a talented artist and writer who doubled as a Bolshevik revolutionary, got himself arrested in Russia in 1915 for alleged subversion, and was later bank-rolled by prominent Wall Street financiers. Minor’s cartoon portrays a bearded, beaming Karl Marx standing in Wall Street with Socialism tucked under his arm and accepting the congratulations of financial luminaries J.P. Morgan, Morgan partner George W. Perkins, a smug John D. Rockefeller, John D. Ryan of National City Bank, and Teddy Roosevelt — prominently identified by his famous teeth — in the background. Wall Street is decorated by Red flags. The cheering crowd and the airborne hats suggest that Karl Marx must have been a fairly popular sort of fellow in the New York financial district.

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Russia Says It’s Ready for Disconnection from SWIFT

Will blockchain be adopted as alternative?

Vusala Abbasova
Caspian News

April 30, 2021

As Brussels is tightening the screws on Russia by threatening to shut the country off from one of the quickest and safest ways to receive and send money via electronic bank transfers, Moscow is getting ready for any eventuality in case of a shutdown.

Andrey Krutskikh, Russian Special Presidential Envoy for International Cyber Security Cooperation, voiced Moscow’s readiness to respond if Russia is disconnected from the SWIFT global payment network. However, according to him, threats to disconnect Russia from the SWIFT system are unlikely to be realized.

The Russian foreign affairs ministry is reportedly considering blockchain technology as an alternative to SWIFT, the global payments network. The country’s leaders have recently voiced concerns that they might be cut off from SWIFT, prompting them to search for different options.
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LBMA Acknowledges “Buying Frenzy” In Silver Market And Silver Shortage Fears

Ronan Manly
Via Zerohedge

April 15, 2021

The London Bullion Market Association (LBMA) has just published a new report titled “Silver Investment 2021: Report” which looks at recent developments in the investment silver sector.

While it’s not clear who actually wrote the report, as no author is specified, the LBMA states that it “acknowledges Metals Focus’ contribution to this report” so we can assume Metals Focus actually wrote it or was heavily involved. Metals Focusis a precious metals consultancy based in London, which also at times, writes the Silver Institute’s annual World Silver Survey.

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The National Debt is $85,210 Per Person

GenZConservative
April 7, 2021

One of my earliest articles on this site was on the danger of our rapidly skyrocketing national debt. What was once perceived as, at best, a necessary evil that should be limited to whatever extent possible has, since the Vietnam War, become and immense burden of truly unimaginable proportions. How gargantuan? Well, the national debt is now $85,210 per person. 

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Schumer: Canceling $50k student debt ‘makes sense’ even if it doesn’t help those who paid off loans

Nicholas Ballasy
Just the News

March 15, 2021

Senate Majority Leader Chuck Schumer says that canceling $50,000 of student loan debt “makes sense” even if it won’t apply to borrowers who recently paid off their loans instead of buying their first home or using that money elsewhere. 

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Price of EVERYTHING Skyrocketing as Dollar Becomes Worthless! Inflation Mayhem

The Money GPS
March 14, 2021

Inflation is coming has been the signal sent from bond markets. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. Stimulus driving markets higher.

Cruz says stimulus bill rebates will go to illegal immigrants after Dems shot down his amendment

Nicholas Ballasy
Just the News

March 9, 2021

Senate Democrats rejected an amendment to the $1.9 trillion stimulus bill that Texas Republican Sen. Ted Cruz says now paves the way for illegal immigrants to receive $1,400 stimulus rebates.

Continue reading Cruz says stimulus bill rebates will go to illegal immigrants after Dems shot down his amendment

Texas Will Not Reverse $16 Billion Power Overcharges During Freeze

Charles Kennedy
Oil Price

March 8, 2021

The Public Utility Commission of Texas has rejected a proposal to retroactively reverse the market pricing for electricity that resulted in ERCOT overcharging the Texas electricity market by US$16 billion during the Texas Freeze in February.  

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