Spreading the truth. Empowering the people.
via wallstreetonparade: As Wall Street On Parade has previously reported, JPMorgan Chase has been fingered as the bank that contributed to the Federal Reserve having to intervene in the overnight loan … Read more
by Charles Hugh-Smith It’s not too difficult to predict a political rebellion against the machinery of soaring wealth and income inequality. The one constant across the media-political spectrum is an … Read more
via mises: Whenever a central bank introduces easy monetary policy, as a rule this leads to an economic boom — or economic prosperity. At least this is what most commentators hold. … Read more
The ECB’s QE make low income households richer…my goodness I feel sorry for anyone who actually believes this garbage.
by Jesse Colombo The global elite are meeting in Davos, Switzerland this week and are richer than ever. Bloomberg reports – A decade after the financial crisis poured flat champagne on the … Read more
Portfolio Wealth Global, Released on 11/29/18 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He … Read more
A joint report by UBS and PWC showed that world’s billionaires’ wealth enjoyed its greatest-ever increase last year, hitting $8.9 trillion shared among 2,158 individuals. “The past 30 years have … Read more
via Bloomberg: In Hong Kong, a city of property superlatives, add this one: World capital of flipping office floors. Logistics heir Johnny Cheung Shun-yee made roughly HK$900 million ($115 million) … Read more
By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Mexico’s President Elect Andres Manuel Lopez Obrador (AMLO) doesn’t take office until December, but he’s already got a multi-billion dollar dilemma … Read more
by Martin Armstrong COMMENT: You always support the rich and never see what they do to the rest of us. LW ANSWER: You simply believe the propaganda of governments. The rich get … Read more
The Biggest LIE In Human HISTORY Is In Front Of YOU! Look Closely! (2018)
by John W. Whitehead This is the tale of two Americas, where the rich get richer and the poor go to jail. Aided and abetted by the likes of Attorney General … Read more
From Bloomberg: America’s working class is falling further behind. The rich-poor gap — the difference in annual income between households in the top 20% and those in the bottom 20% … Read more