Federal Reserve Whistleblower Tells America The REAL Reason For Quantitative Easing By Michael Snyder A banker named Andrew Huszar that helped manage the Federal Reserve’s quantitative easing program during 2009 and 2010 is publicly apologizing for…
Market Shadows
10 Uncomfortable Truths About The Growing Unemployment Crisis In America
Courtesy of Michael Snyder of The Economic Collapse Did you know that there are more than 102 million working age Americans that do not have a job? Yes, I know that number sounds absolutely crazy, but it is true. Right now, there are more than…
Liquidity Trends Steady, No Surprises
Courtesy of Lee Adler of the Wall Street Examiner The Composite Liquidity Indicator Steady growth of central bank liquidity flow continues. There’s no sign of change or reason to expect change in the trend of stock prices from the liquidity…
Need a corporate loan? Forget your bank – tap the shadow banking system instead
Need a corporate loan? Forget your bank – tap the shadow banking system instead Courtesy of SoberLook.com Here is a simple question: what percentage of US banks’ balance sheets is taken up by loans to businesses? The answer may surprise some. It’…
Meet The Man Responsible For Regulating $234 Trillion In Derivatives
Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. It’s official – goodbye Gary Gensler, we hardly knew you… as a commodities regulator that is, although Bart Chilton (who is finally also stepping down due to being too burdened…
ECB Caught Using Fictional Rating System for Italian Bonds Used as Collateral for Loans
Courtesy of Mish. Spiegel online has an article on the non-transparent as well as fictional way the ECB treats Stripped Bonds (Strips) of Italian Banks handed over to ECB as collateral for loans. Currently ECB rates various Italian Strips with an “…
Why Does JPMorgan Still Have A Banking License?
Courtesy of The Automatic Earth. Bob Lerner Robert Kennedy at a drive-in Spring 1960 “John F. Kennedy’s 1960 Democratic presidential nomination campaign in Bluefield, West Virginia” I was, well, still am, reading up on the latest developments in the…