Trust in Institutions and the War Dividend (tags)
Even if almost no one wants to admit it, our “system” is obsolete, and for this reason it is now morphing into a “closed system” – totalitarian in nature. It is equally clear that the few who continue to benefit materially from the capitalist system (the 0.1%) are willing to do whatever it takes to prolong its obsolete existence. Debt is issued from one door and purchased from another.
Self-fulfilling Prophecy (tags)
The orchestrators of this global coup must be credited with a certain sadistic brilliance. Their sleight of hand succeeded, perhaps even beyond expectations. However, any power aiming at totalization is destined to fail, and this applies also to the high priests of the Covid religion and the institutional puppets they have mobilized to roll out the psyop.
A Phuilosopher's Critique (tags)
Because the declining middle classes are unable to see past individualism and economic self-interest, they stick with the fantasy that any loss of purchasing power is a temporary glitch awaiting systemic resolution – as if Capital were an eternal and inexhaustible mode of wealth creation.
Pause for Thought: Money without Value in a Rapidly Disintegrating World (tags)
The tanking economy is the cause of these “misfortunes”. What we are sold as external threats is in fact the ideological projection of the internal limit of capitalist modernity. In systemic terms, emergency addiction keeps the comatose body of capitalism artificially alive
The lure of unreason and The crisis profiteers (tags)
The essence of transhumanism is pathological. This ideology is carried by psychopaths and narcissists. Such people love only themselves, their infallibility and uniqueness. The others are only mass. Mass is despised by "the unique".
The big crash isn't just hitting the stock markets (tags)
The author reminds us that "never in history has a crisis been solved by printing money." The states and central banks had "maneuvered themselves into a dead end from which they can no longer get out" through their own fault.
President Trump Authorizes Somalia Debt Relief (tags)
President Trump signed a year-end spending bill which authorizes the first phase of debt relief for Somalia.
The Bank Of Israel, Gold, And The Third Temple (tags)
BUY GOLD, GLOBAL DEPRESSION COMING!
House Hearing Reviews Financial Transparency Legislation (tags)
The House of Representatives is holding hearings on legislative initiatives to deter corruption and secrecy in the global financial system. The Financial Services Subcommittee on National Security, International Development and Monetary Policy convenes a March 13th hearing on "Promoting Corporate Transparency: Examining Legislative Proposals to Detect and Deter Financial Crime."
Dark Clouds Gather on Horizon for Financial System, Warns International Monetary Fund (tags)
Bali, Indonesia -The International Monetary Fund releases its "Global Financial Stability Report" ahead of its Annual Meetings held this year in Southeast Asia.
The World Dependent on Central Banks (tags)
The situation seems extremely contradictory. The global economic and financial system has been clinically dead since 2008. It only functions because it is artificially kept alive by the central banks like a patient in the intensive care unit $!8 trillion was pumped into the global system.
IMF Reports Global Growth and Releases New Ways to Predict Economic Crisis (tags)
The International Monetary Fund (IMF) releases its biannual report on global economic stability and presents new indicators it says can help predict financial crisis.
Hurricane Maria Slams Dominica and Heads Towards Puerto Rico (tags)
Caribbean islands recovering from Hurricane Irma, now confront Hurricane Maria.
Global Economic Risks Ahead Warns International Monetary Fund (tags)
The International Monetary Fund (IMF) released its bi-annual report on global economic stability, warning that the financial system could face serious risks in the year ahead.
IMF Warns of "Protectionism" and Risky Investing (tags)
The International Monetary Fund (IMF) released its bi-annual report on the state of the global economy, predicting that global growth will continue steadily but slowly.
Giving Money to People is The Only Way, Says French Bank's Chief' Economist (tags)
For monetary policy to boost demand, the only solution is helicopter money (Patrick Artus).
For 40 years, the Bremen study group has published memorandums. The council of experts promoted the profits of businesses, not aggregate economic demand. Mass unemployment surpassed the 5 million mark because of neoliberal structural reforms.
State Indebtedness: The Beloved Enemy (tags)
"The slow one now will later be fast as the present now will later be fast." The state unlike the Swabian housewife can become indebted to invest in a more social and more human future. All personal and corporate profit depends on state investment in roads, schools, food safety etc.
Misguided Calls for More QE (tags)
QE
Greek Rape and Pillage Bailout Deal: Germany Wants More (tags)
Greece
Greek Bailout Deal: Greatest Ever Macroeconomic Management Disaster (tags)
Greece
Fed
The new indebtedness is a consequence of the crisis caused by the financial industry-and in no way owed to an excessive social state, demographic change and so forth.. There are many critics of this policy of mastering crisis by flooding the financial markets with fresh money.
Ukraine Dodged a Bullet (tags)
Ukraine
Bernanke Stays the Course (tags)
Fed
Addicted to Liquidity Injections (tags)
Bernanke's announcing of lower monthly printing of money was enough to make stock exchanges collapse in many threshold countries. The monetary policy of printing money and zero interest is caught in a vicious circle. Liquidity glut generates credit growth.
Fed
Are Japanese Bonds Signaling Trouble? (tags)
economy
Neoliberalism as a Variety of Social Darwinism: Ten Million More Unemployed (tags)
Social cuts are a danger for democracy..When fear of social descent or collapse seizes the middle class, the danger grows that exclusion-ideologies may gain acceptance like racism, nationalism or social Darwinism..The economic future is given away on the altar of an ideology that raises location competition to the leitmotif of political-economic policy.
banking
class war
class war
class war
Emergency Central Bank Intervention Coming? (tags)
class war
Year-end inflation forecast down to 6.2 pct as risk perceptions recover (tags)
Ongoing optimism in Turkish markets, triggered by the latest positive indices, has influenced the risk perceptions regarding foreign investments in the country positively, Turkish Central Bank Governor Erdem Başçı told reporters in Ankara on Thursday.
class war
Wrecking Europe to Fix It (tags)
class war
Bailouts, Bondage and Political Bankruptcy (tags)
class war
Eurozone Doomsayer Got it Right (tags)
economy
Is Capitalism Devouring Its Children? (tags)
The state was extorted by the banks. Bailing out the banks was regarded as without alternative..Rating agencies should become public institutions and system-relevant banks dismantled. Growth- and stability funds should be established as the credit-givers of last resort.
Bretton Woods 2.0: Soros New World Order Conference (tags)
new world order
Quantitative Easing: Elixir or Poison? (tags)
QE indeed poison as being used
Chinese Currency War a Red Herring? (tags)
In the 1930s countries tried to gain advantages by exporting more. This is happening today.
World Bank/International Monetary Fund Days of Dissent (tags)
Convergence Space: The Electric Maid, 268 Carroll St. Northwest, Washington D.C. 20012-2006. Directions: Take the metro red line to the Takoma station. As you exit the station, go east on Cedar Street. That road turns into Carroll Street.
"Concepts must be developed against the global demand-deficit. Repairing the financial system is not enough. The economic-political prescriptions of the past - flexible wages and restricted social benefits - would worsen the situation."
STP Relief and Fund Drive for Thypoon Victims Extended Until Dec. 31, 2009 (tags)
The Alliance-Philippines STP announced today that its relief campaign will continue until December 31, 2009. The relief drive for goods will continue in Los Angeles area while the monetary donations will go on in other parts of the United States. STP also announced that in the West Coast ,all monetary donations may be sent to: People's CORE, 1610 Beverly Blvd.; Ste. #2, Los Angeles CA, 90026. Checks may be made payable to "People's CORE" with "Typhoon Relief" written in the memo. Donations of $50 or more are tax-deductible.
Obama's Financial Reform Proposal - A Stealth Scheme for Global Monetary Control (tags)
global dominance, not reform is planned
Post-neoliberalism or post-capitalism? (tags)
"Market-liberalisation was accompanied by a far-reaching de-regulation of politics. Milton Friedman called it a “neo-liberal counterrevolution” against Keynesianism..."
Lessons from the Great Depression: Christina D. Romer (tags)
This paper was presented at the Brookings Institution Washington D.C. March 9, 2009. Christina Romer, economics professor at Berkeley, is one of President Obama's economic advisers in the Council of Economic Advisers.
The Federal Reserve Abolition Act (tags)
Abolishing the Fed.
America where are the patriots? (tags)
The bailout is part of the overall scheme by those in power who are directing events for an outcome of their choosing. It is the handful of individuals who some refer to as "The Illuminati." This elite group of powerful people has been creating and directing events in America and world Society ever since Colonial Days and in modern times as well.
Monetary Policy and Stagflation (tags)
50 countries already show double-digit rates; 42% of the world population is affected. Monetary policy reacts helplessly to stagflation. The financial bubble economy is an excess. When consumers finally spend the money they don't have, everything will be just fine.
The Asian Crisis of 1997-1998: Deregulation (tags)
Enormous capital streamed in short-term monetary investments that could dissolve at any time, not in lasting direct investments. Higher stock prices and home prices fueled the credit boom. Deregulated finance markets are everything but efficient.
Morgan Stanley Issues Full US Recession Alert (tags)
Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investments and a perfect storm for consumers as the housing slump spreads. Under the conservative definition, man is the servant of money. Long live alternative economics!
Global Capital Flows to the Rich (tags)
The global imbalance seems more dangerous for all other countries than for the US. A fundamental reform of the international monetary system is overdue. The US dollar is no longer the stable anchor of the world monetary system.
The academic world changes fundamentally when universities are understood as businesses. Rectors become CEOs and researchers and teachers become point chasers through conditioning.
Brazil: The "brake" is COPOM. (tags)
The logic of the the Growth Acceleration Program opposes classic economists as Michael Kalecki and John Keynes. The GAP that does not contain a expansionist monetary politics is not the GAP, is the anti-GAP, as, by the way, the last act of the Copom made clear.
OPEN CALL FOR FULL ACCOUNTING OF INDYBAY FUNDS (tags)
OPEN CALL FOR FULL ACCOUNTING OF INDYBAY FUNDS
IMF out of the Philippines and South countries now, protesters demand (tags)
On the occasion of the Annual Meeting of the International Monetary Fund (IMF) together with the World Bank in Singapore, the Freedom from Debt Coalition (FDC) and other civil society organizations blame “the Fund” for being the single most influential factor for the worsening poverty in the Philippines and other countries in the South.
Warnings of a US recession and global slowdown (tags)
Three commentaries published in the Financial Times over the past week have pointed to the increasing likelihood of a US recession that would have major implications for the global economy.
Weak Dollar and Strong Bush: China and US Debts (tags)
To stabilize the value of the dollar, the US needs a daily currency inflow of $1.8 billion.. The budget plan of the White House rests on unrealistic assumptions.. The Bush administration assumes higher revenues by means of the tax cuts.
This is the world that has been pulled down over your eyes to blind you from the truth...
The Forbidden Truths of Human Economic Systems (tags)
A Truth-based dissection of the genocidally evil economic policies and structures that all human governments and societies inflict upon their citizen-slaves.
IMFC meetings rescheduled to November (tags)
IMFC and Development Committee Meetings To Be Held November 17-18, 2001 in Ottawa
IMF, World Bank May Cancel Meetings(AP) (tags)
Officials at the International Monetary Fund and the World Bank said Wednesday they are considering cancellation of their annual meetings this month because of the terrorist attacks in New York and Washington.
MGJ: WORLD BANK AND IMF RETREAT (tags)
"It does not matter to the impoverished people of the world and our collective global environment whether the World Bank and IMF meet for six days, five days, two days, or not at all. What matters is the devastating impacts of these institutions' policies on the impoverished and on the environment upon which we all depend for life."
Colombians protest IMF policies (tags)
Workers and students have joined forces in Colombia to protest strucuture adjustment programs being imposed by the International Monetary Fund.