Brazil's Lula travels to China and calls to end US dollar dominance (tags)
“Why can’t a bank like that of the BRICS have a currency to finance trade relations between Brazil and China, between Brazil and other countries?" he continued. "It’s difficult because we are unaccustomed [to the idea]. Everyone depends on just one currency".
Blow up the banking system: A free account for all is possible (tags)
Harsh austerity policies for the vast majority of people and state socialism for bankers, both practiced at the same time in Europe and the U.S. after 2008 - this had two consequences for financialized capitalism of the past 14 years. First, this course poisoned the West's money.
New old financial crisis (tags)
Since Silicon Valley Bank, Silvergate Corporation, & Signature Bank all toppled within a week in the U.S. & now First Republic Bank has also run into trouble, there are increasing signs that the next big financial crisis could now erupt with force. $9 trillion has been injected into the "U.S. market."
Financial crisis and The time of change (tags)
A utopian society will have learned to decentralize power, to keep it manageable and controllable, instead of creating supranational institutions and conglomerates. Look at the EU & Brussels, an estimated 25,000 lobbyists besiege and work the deputies and commissioners.
The final system question Parts 1 and 2 (tags)
The enrichment elites of the West in particular have been trying for decades to extend their influence to the whole world. That is their declared concept. The worldwide "final victory" has been part of capitalism and imperialism from the very beginning.
The Great Reboot and Investing in death (tags)
The WEF continues to propagate a highly hierarchized society in which the most powerful actors decide how society should develop - far removed from democratic processes. The US is now spending $100K per minute on new nuclear weapons!
COVID-19 and Catastrophe Capitalism (tags)
The scale of the coronavirus pandemic and its consequences on world accumulation are unprecedented, with the global economic costs still increasing. At the end of March, some three billion people on the planet were in lockdown or social-distancing mode.36
The Forgotten History of the Financial Crisis (tags)
In the United States between late 2008 and early 2009, 800,000 people were losing their jobs every month. By 2015, over nine million American families would lose their homes to foreclosure—the largest forced population movement in the United States since the Dust Bowl.
Pope Francis: Mauritius Reject "Idolatrous Economic Model" (tags)
Reject your "idolatrous economic model," were the words Pope Francis addressed Mauritius' political leaders with on Monday.
Mozambique Charges Former President's Son, Officials for Secret Debt Scandal (tags)
Mozambique charged the former president's son and 19 others on corruption, fraud and blackmail in relation to a $2 billion dollar loan scandal.
Public Good or Private Wealth (tags)
The deep and growing chasm between the rich and the poor is not an accident. This gulf is the result of political decisions. Many rich countries have lowered or abolished property taxes. Governments reduce spending on education and health care.
The Driving Force of Global Inequality (tags)
Behind closed doors, a powerful industry has developed worldwide since the 1980s: tax avoidance. Taxes that are avoided must be compensated by higher taxation of households with lower incomes.
Rigging Foreign Exchange Markets (tags)
markets
Lanza and Holmes Fathers Both Linked to LIBOR/FICO Scandal (tags)
The fathers of both Adam Lanza and James Holmes were both potential whistleblowers in the LIBOR/FICO scandal. Following the shootings committed by their sons, neither father will testify. This is the classic MK ULTRA scenario of mind controlled puppets distracting the public from real issues of upcoming economic collapse. The psychology of MK ULTRA is a low budget CIA tactic to disarm the people of the U.S. following controlled shootings by overmedicated individuals.
Trillions Stashed in Tax Havens (tags)
grand theft
Marcos is not a hero! Protest the plan to make him one! (tags)
FERDINAND E. MARCOS is not a hero to the Filipino people. His martial law regime sent hundreds of thousands to jail, made people 'desaparecidos' because of their political beliefs. He is now being elevated to become a "hero" and plans are afoot by his families and allies to have him interred in Libingan ng mga Bayani (Cemetery of Heroes).
Obama's New Consumer Watchdog (tags)
consumer interests won't be much helped
Filipinos: LEST WE FORGET! (tags)
We seem to have forgotten that once upon a time, not too long ago, there was this family, the Marcoses, comprised of Ferdinand (now deceased), Imelda (still gallivanting and traipsing the light fantastic in Manila and occasionally, kung maka lusot, overseas), and 3 children, including Ferdinand "Bongbong" Jr who's now running, under Presidential candidate Manny Villar, in the SAME Senatorial slate as political activists (??) Liza Maza and Satur Ocampo.
Dependence paralyzes superpowers. Washington urges Peking to upgrade its currency which China's economy cannot handle. China-bashing is an absolute necessity in the upcoming election campaigns.
Tenants, Thugs and CDOs (tags)
A local tale of unmitigated greed and the criminal enterprise of one family to corner the residential real estate market in San Francisco led to the shady world of collateralized debt obligations and derivatives.
The wages of sin have come due.
MGM, Dubai Fall Behind on $3.5 Billion Loan for Las Vegas Plan (tags)
July 29 (Bloomberg) -- MGM Mirage and Dubai World are late in raising as much as $3.5 billion for their $11.2 billion CityCenter project in Las Vegas because banks saddled with debt to casinos and hotels are wary of making new loans.
Attac Germany on the Subprime Crisis (tags)
The crisis can't be solved with a few surveillance cameras in the global casino. The party was quickily over when the real estate prices stopped soaring. Investors are often guided by a herd behavior. Sustainable economy should have a prioirity over short-term profits.
9/11:U.S.IRS,SEC,AG Mukasey,Homeland Security Michael Chertoff,Israeli ICTS International (tags)
Who within the U.S. IRS IS RESPONSIBLE FOR TERMINATING AN INVESTIGATION INTO TAX EVASION BY THE CRIMINALS OF ICTS INTERATIONAL !? ? ICTS evecutive Menachem Atzmon was even convicted in his own country of Israel for the equivalent of money laundering between Israeli government accounts Ariel Sharon's and his own Likud Party.And then the U.S. government allowed him and his far right Israeli partners to enter the U.S. and set up a stock 'securities' scam on the NASDAQ that defrauded American investors in order to buy Huntleigh airport rent-a-cops corp that conveniently had the contract to guard Boston's Logan Airport PRE 9/11 ! And I presume you know the results of that fiasco !
A Generalized Meltdown of Financial Institutions (tags)
By Mike Whitney 11/24/07 "ICH" -- - Reality has finally caught up to the stock market. The American consumer is underwater, the banks are buried in dept, and the housing market is in terminal distress. The Dow is now below its 200-Day Moving Average -- the first big "sell" signal. Anything below 12,500 could trigger program-trading and crash the market. The increased volatility suggests that we are watching a "real time" meltdown.
Imperial wars and genocide, Petrodollar Recycling System and meltdown of financial world (tags)
Imperial wars, crimes and genocide, Petrodollar Recycling System and meltdown of financial world order. Articles, analysis and video documentary
NOTICE OF APPOINTMENT OF MS HELEN "KELLI" LEE AS CFO AND THREAT MANAGEMENT CONSU (tags)
Ms Lee is replacing Pennibanctrust CFO William Word.
Disinformation as a Strategy of Power (Part II) (tags)
"Perpetual growth is not possible in nature or anywhere else..Globalization, the free market with its absolute competition protected by the WTO agreements doesn't have anything to do with fair competition...A global network of resistance is developing.."
globalisation means war (tags)
The global Swiss banking syndicate that is backing the war effort