Tag Archives: financialization

Brilliant Analysis on How US Economy Was Destroyed and the One Percent Tyranny Implemented

Verdien av tillit: Cutting dependence on the US dollar: cutting dependence on the US dollar and switching to national means of payment in international settlements is gaining steam, SputnikGlobe

  In 1945 the United States emerged from a world war with the only intact industrial economy in the world.  The British, European, Soviet, and Japanese economies were in ruins.   China and the rest of Asia, Africa, and South America had undeveloped economies, later renamed third world economies.  Additionally, the US held most of the world’s gold reserves.  President Franklin D. Roosevelt …

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Gangster Capitalism and Soros: Amoral Lack of Accountability is a Major Problem

Verdien av tillit: Cutting dependence on the US dollar: cutting dependence on the US dollar and switching to national means of payment in international settlements is gaining steam, SputnikGlobe

  Since the early 1980s, economic growth has increasingly been driven by financialization in the West – the replacement of industrial activity by financial trading. Traders like financial mogul and hedge-fund investor, George Soros, who has been called the world’s most famous investor, have greatly benefitted from financialization. Gangster Capitalism and Soros: Soros explains in his famous 60 Minutes interview …

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Manipulated Economic Outlook: Financial media reports make no sense

Manipulated Economic Outlook: Ap

  As some readers have remarked in their messages to me, I ceased a while back my monthly reports on the Bureau of Labor Statistics jobs reports and inflation rate.   Manipulated Economic Outlook: The reason is that the numbers are not good enough to be able to discern what is the actual state of the economy.  Yet every new number is …

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Is the Federal Reserve Merely Incompetent or Is There a Dark Agenda?

Federal Reserve Dark Agenda? Who owns the Federal Reserve

  I have never known the Federal Reserve make a good decision.  Indeed, disastrous decisions are the Fed’s hallmark.  There are many such disasters. Among them the Great Depression, the decade long consequence of the Federal Reserve Board’s failure to prevent the shrinkage of the US money supply. Federal Reserve Dark Agenda? In more recent times we had Brooksley Born, head of …

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The American De-Industrialization and Poverty

Biden implements Communist Centralized Power: Biden Executive Order implements Communist Centralized Power to Rule the Bureaucracy Staggering 40 % believes Biden suffers from dementia, cognitive ailment, turning senile, People

  Herland Report: The American De-Industrialization: As I recently wrote, the US no longer has an economy.  America is a market for goods produced offshore with foreign labor that US global corporations sell to Americans.   The US which once produced its own manufactured goods and food now imports much of it.  The result is that fewer and fewer American incomes are based …

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The United States Has Committed Economic Suicide

Civil Unrest Ahead: U.S. Economic Suicide: The Collapse of America: Huffington Post.

  Herland Report: U.S. Economic Suicide: Two Examinations of US Economic Policy by Michael Hudson and Dr. Paul Craig Roberts: Today I am pleased to present a double feature on economic policy. Michael Hudson leads off with an explanation of economic policy as a social cost to the working class, and I follow up with an explanation that US economic …

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