Hedge Funds Have Taken Puerto Rico Hostage
In February 2014, Puerto Rico’s bonds were declared junk by Standard & Poor’s – that’s the technical term. The following month, the territory sold $3.5 billion of them, mostly to U.S. hedge funds. It was the final deal in a…
Trump’s Plan to Destroy the Dollar
I was up to my eyeballs in stocks. “If I’m wrong, we’re done,” I told my wife. It was February 2009. As the markets were crashing in 2008, I had made an ALL-IN bet on the U.S. stock market going…
Global Debt – Central Banks And The Rise Of Extremism
Global Debt – Central Banks And The Rise Of Extremism by Danielle DiMartino Booth – Money Strong “Those who honor me I will honor.” So read the scripture on a piece of paper slipped into the hand of 1924 gold…
The IMF – the World’s Most Powerful Mafia
The IMF – the World’s Most Powerful Mafia Like the Mafia helps stabilize poor neighbourhoods in Palermo…or free heroin helps stabilise addicts…the IMF is meant to keep the system functioning. The post The IMF – the World’s Most Powerful Mafia…
Proof That The Top 0.1% Create Crashes
Proof That The Top 0.1% Create Crashes – Jeff Nielson, Sprott Money Our markets and economies are marched up and down in “bubbles” and “crashes”, with the duration of these cycles of financial crime now seeming to be fixed at…
From coast to coast, middle class communities are shrinking
WASHINGTON — America’s shrinking middle class, a growing concern for the economy and a central issue in the presidential race, cuts across virtually all communities from coast to coast, according to a study released Wednesday. The report by Pew Research…
Privacy vs. justice
The FBI paid six figures for a hacking tool to get into San Bernardino shooter Syed Rizwan Farook’s iPhone 5c after Apple refused to unlock it. That’s one down, more than 1,000 lawfully seized phones to go. As recently as…
Pierre Poilievre: When government acts like Robin Hood’s evil twin
We are told all the time that an activist government is like a gigantic fairness machine, transferring money from the wealthy to the needy. Why, then, does this machine seem so often to send money in the opposite direction? The…
A Case for Getting Rid of the TSA
C O N T E N T S: KEY TOPICS While no decisions have been made yet about getting rid of the TSA, Port of Seattle spokesman Perry Cooper said the commissioners are exploring many options that could bring down…
Pierre Poilievre: When government acts like Robin Hood’s evil twin
We are told all the time that an activist government is like a gigantic fairness machine, transferring money from the wealthy to the needy. Why, then, does this machine seem so often to send money in the opposite direction? The…