It took a few months, but the Fed’s mouth-to-mouth resuscitation brought gasping investment banks and hedge funds and giant corporations back to life. Wall Street rejoiced.
But the Fed’s academic models never addressed one basic question: What happens to everyone else?
The U.S. — and the world — are experiencing a rapid shift towards the hard facts that pharmaceutical drugs damage people and vaccines are unsafe and ineffective — at best.
When Business Insider magazine says Whole Foods should be terrified of Aldi, it is time to pay attention. An announcement by the German supermarket chain was made on January 1st. Beginning ASAP and affecting all their US stores, the following pesticides will no longer be allowed on fruits or vegetables:
Thiamethoxam
Chlorpyrifos
Clothianidin
Cypermethrin
Deltamethrin
Fipronil
Imidacloprid
Sulfoxaflor
What a way to start the new year!
“Yanis Speaks the truth” Greece is insolvent.
Max Keiser and Stacy Herbert discuss the Greek situation and that a nation is not what it thinks it is but what others attempt to hide about that nation – like the fact that it is bankrupt.
They discuss the role Goldman Sachs played in helping Greece hide its debts and, thus, strapping it to the euro and the mispricing of real risk by well-compensated bond investors lending to Greece at ultra low interest rates.
They also discuss that, while deflated footballs was the main headline on the nightly news in America, a memo was delivered to Obama outlining the various ways that brokers defraud American investors of years worth of retirement income.
“Theoretically, we are protected by deposit insurance up to $250,000 in the U.S. and 100,000 euros in Europe. The FDIC fund has $46 billion, the last time I looked, to cover $4.5 trillion worth of deposits. So, even though we are protected by the FDIC, the FDIC is not going to have the money… This makes it legal for these big 30 banks to take our money when they become insolvent. They are too-big-to-fail.
Miller did well: “one-bedroom apartments at the building are listed at more than $1 million.”
It was unclear why the doorman checked his apartment.
Beware and always question everything… The perception that precious metals is a get rich opportunity may be misleading. I see PM as a insurance activity against fraudulent institutions controlling national currencies (RISK), the money masters and their puppets. The Money…
Tim Clark has been a senior manager at the airline Emirates since 1985 and has been instrumental in developing it into one of the world’s largest airlines. Today, the 64-year-old is seen as a knowledgeable expert and critic of the aviation industry. His view of the vanished Malaysian Airlines flight MH 370 is a provocative one.
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