Krugman: Jamie Dimon Should Resign over JPMorgan’s $3B Lost Bet
Democracy Now| May 17, 2012 As the financial giant JPMorgan Chase continues to suffer major losses on its risky derivatives trades, Nobel Prize-winning economist Paul Krugman says bank chief Jamie Dimon should resign “precisely because he’s been using his supposed wisdom as a way to campaign against reform, and now it’s turned out that he wasn’t that wise after all.... Read More
‘Tyrell Corp’ : Does one super-corporation run the global economy?
Does one ‘super-corporation’ run the global economy? Study claims it could be terrifyingly unstable Research found that 147 companies formed a ‘super entity’ within group, controlling 40 per cent of its wealth By Rob Waugh Last updated at 12:00 PM on 20th October 2011 A University of Zurich study ‘proves’ that a small group of companies – mainly... Read More
This Is Yet Another Glaring Example Of Why The EU Is A Mind Blowing Failure
This Is Yet Another Glaring Example Of Why The EU Is A Mind Blowing Failure The debt crisis in Europe just seems to get worse with each passing day, and it is yet another glaring example of why the EU is a mind blowing failure. The EU is made up of 27 nations that all have their own economic policies, and 17 of those nations are trying to use the euro as a common currency. ... Read More
The Coming Derivatives Crisis That Could Destroy the Entire Financial System
The Coming Derivatives Crisis That Could Destroy The Entire Global Financial System The Economic Collapse Thursday, October 20, 2011 Most people have no idea that Wall Street has become a gigantic financial casino. The big Wall Street banks are making tens of billions of dollars a year in the derivatives market, and nobody in the financial community wants the party to end. The... Read More
Does one ‘super-corporation’ run the global economy?
Study claims it could be terrifyingly unstable Research found that 147 companies formed a ‘super entity’ within group, controlling 40 per cent of its wealth By ROB WAUGH Last updated at 12:00 PM on 20th October 2011 Comments (101) Add to My Stories Share A University of Zurich study ‘proves’ that a small group of companies – mainly banks – wields... Read More
Bank of International Settlements: Once Nazi run, now the Apex of global finance
European Central Bank chief Jean-Claude Trichet’s announcement that the Bank for International Settlements is to become the primary engine for global governance is a shocking admission given the fact that this ultra-secretive menagerie of international bankers was once controlled by top Nazis who, in collusion with global central banks, funneled money through the institution... Read More
Prophets Of Doom: 12 Shocking Quotes From Insiders About The Horrific Economic Crisis That Is Almost Here
We are getting so close to a financial collapse in Europe that you can almost hear the debt bubbles popping. All across the western world, governments and major banks are rapidly becoming insolvent. So far, the powers that be are keeping all of the balls in the air by throwing around lots of bailout money. But now the political will for more bailouts... Read More
“Civil War” Erupts On Wall Street: As Reality Finally Hits The Financial Elite, They Start Turning On Each Other
by David DeGraw Global Research, September 4, 2011 AmpedStatus.org - 2011-09-02 Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and... Read More
The counterfeit culture – useful observations for understanding why collapse is inevitable
Mike Adams Natural News Friday, September 2, 2011 (NaturalNews) Through a devolving web of greed, self-serving power and a departure from fundamental ethics, Western culture has, over the last hundred years, become the counterfeit culture. Nothing is real anymore — not the food, not the money, and certainly not the evening news. And because it’s not real, it’s not sustainable.... Read More
Fear Sets In, Panic Begins, Ruin Perceived, Prepare for Gold $2100
Stock-Markets / Financial Markets 2011Aug 24, 2011 – 04:06 PM By: Jim_Willie_CB Something big is going on in the United States in a sentiment change, an altered state of psychology, a growing sense of panic. My opinion is that the nation has entered the early stage of comprehension among the population of systemic failure. The most immediate measures are the rash... Read More
