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by Simon Black A few weeks ago the Board of Trustees of Social Security sent a formal letter to the United States Senate and House of Representatives to issue a dire warning: Social Security is...
by Mark Angelides The very premise of Obamacare was flawed, and in fact, it was never even designed to work for an extended period of time. But now that Congress has failed to do...
by Simon Black Two more Italian banks failed over the weekend– Banco Popolare di Vicenza and Veneto Banca. (In other news, the sky is blue.) The Italian Prime Minister himself stated that depositors’ funds...
Sources: https://goo.gl/UpprQe In This Episode: We’ve all been told the lie that the ECB can’t do what the Fed does. It can’t intervene in the markets the same way. Buying up toxic debt in...
by Simon Black Here’s the perfect example of how insane our financial system has become. It was announced yesterday that, after a 24-hour white-knuckled ride, Spanish banking giant Banco Popular had been sold to Banco...
Sources: https://goo.gl/UpprQe In This Episode: Just when you thought the turbulence was over, Europe comes back to save the day. A Spanish bank was just about to fail and the technocrats stepped in to...
by Martin Armstrong COMMENT: Well Mr. Armstrong, perhaps you are wrong at last. It looks like your meetings in Brussels that quite a few people noted you shuffling around town did have an impact....
Josh Sigurdson and John Sneisen break down the latest news out of Greece as the country fails to secure further bailout funds as their economy continues to crash and fall down a bottomless pit....
This is a major clog in the global economic wheel as it has been thought by astute economists that Eurozone would be first to go, Japan second then the domino collapse will eventually hit...
Josh Sigurdson talks with author and economic analyst John Sneisen about the continued developing story regarding Home Capital Group as it crashes and burns following massive losses. This has become one of the biggest...
In this mornings news Bix breakdown the laws that will govern the next Bankster Bailout and points to a law written by Citigroup and passed by the US Congress that ASSURES that the...
The House ethics committee on Monday outlined its charges against Rep. Maxine Waters, who is accused of helping a bank in which her husband owned stock secure federal bailout funds. The committee charged the...
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