|
|
Post by Fred on May 16, 2015 14:44:21 GMT -5
|
|
|
|
Post by Entendance on Aug 20, 2015 2:35:27 GMT -5
|
|
|
|
Post by Entendance on Jan 22, 2016 16:33:31 GMT -5
"We front-loaded at the Federal Reserve an enormous rally in order to accomplish a wealth effect. The values are very richly priced here, so I could see significant downside... It was, the Fed, the Fed, the Fed, the European Central Bank, the Japanese Central bank … all quantitatively driven by central bank activity. That’s not the way markets should be working." -Richard Fisher, Former President Dallas Fed
Give a small number of people the power to enrich themselves beyond everyone's wildest dreams, a philosophical rationale to explain all the damage they're causing, and they will not stop until they've run the world economy off a cliff."
-Philipp Meyer
"Wall Street is not being made a scapegoat for this crisis: they really did this."
-Michael Lewis
"My daughter asked me when she came home from school, “What’s the financial crisis?” and I said, it’s something that happens every five to seven years."
-Jamie Dimon
"The greatest tragedy would be to accept the refrain that no one could have seen this coming, and thus nothing could have been done. If we accept this notion, it will happen again."
-Financial Crisis Inquiry Commission (2009–2011)
The US has been in a cycle of bubbles, busts, and crashes since at least 1995, and more likely since Alan Greenspan became the Chairman of the Federal Reserve in August, 1987.
The cycle is the same, only the depth and duration seems to change in a continuing 'wash and rinse' of the public money and the real economy.
It has become a machine for transferring income, wealth, ownership, and power to the very top.
This is not 'the new normal.' This is financial corruption and the erosion of systemic integrity.
Are there any markets that have not been shown to have been systematically manipulated, for years?
This is just institutionalized looting. -Jesse
|
|
|
|
Post by Entendance on May 25, 2016 11:44:05 GMT -5
 Attorney Helen Chaitman, who represents victims of the Bernie Madoff $65 billion fraud, contends the big banks are like mobsters. Chaitman says, “There is no question about it. They operate illegally because they can generate huge profits by doing so. They go from one crime to another, and when they get caught committing one crime, nobody gets fired. Nobody disgorges bonuses. They just take those people and put them in a new area where they haven’t yet been prosecuted.”
What will happen to the customers of the big banks in the next financial meltdown? Chaitman warns, “The customers will be destroyed, and if the banks still have enough money to buy Washington, the government will protect them just like it has since 2008.”
Join Greg Hunter as he goes One-on-One with Helen Chaitman, author of the new book “JP Madoff.”
VIDEO***Helen Chaitman-Big Bank Customers Destroyed in Next Economic Meltdown
When the Fed pushes down the price of gold with paper during NY Comex floor-trading hours, take advantage of it by buying some physical gold or silver.
The “Markets” Are A Total Farce: Stocks Pushed Up – Gold Pushed Down By The Fed |
|
|
|
Post by Entendance on Jun 28, 2016 3:22:38 GMT -5
Eu elites & their courtiers consider it foolish to allow a vote by peons on their fate. More here
You cannot stop this collapse, nor can you talk it into happening with negativity either. It is going to happen because it has to happen. It has inevitability all over it. Economic structures that should never have been created in the first place are giving way in what will become total structural failure. They are giving way because of their own flawed design:
◦You cannot create mountains of enduring wealth by carving out caverns of debt beneath them.
◦You cannot create stable economies by focusing all the benefits toward the rich industrialists and hoping they will trickle down to create demand later.
◦You cannot deplete your nation’s treasure with endless wars around the world by putting the wars of budget and beguiling yourself to think that means there was no cost to your own greatness.
◦You cannot cram people from divergent cultures together by the millions without creating huge social costs that become economic costs.
◦You cannot bail out rich bankers without creating moral hazard that entices them to repeat their sins.
◦You cannot centrally manage economies in a way that benefits the periphery.
The list could be bigger. The earthquake has happened. The aftershocks will come. -Knave Dave
|
|
|
|
Post by Entendance on Mar 3, 2017 12:57:39 GMT -5
"To own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy. So why is less than 0.5% of world financial assets invested in gold and gold stocks? There are several reasons for this. Firstly, 100 years of massive credit expansion and money printing have mainly inflated the asset classes that investors understand, be it stocks, bonds or property. Also, financial repression, which in layman’s terms means manipulation, has totally distorted most financial markets. With the help of derivatives, governments, central banks, investment banks and hedge funds can create false markets in most investment areas. If a market is massive and global, like currencies, they are very hard to manipulate, except if several major sovereign states collude. But in a small market like gold and silver, it is extremely easy to manipulate prices. Even more so when a lot of it is done with the assistance and blessing of governments... ...In 2002 we recommended to our investors to place up to 50% of liquid investments into physical gold. At the time gold was $300. With the risks we are seeing around the globe currently, we believe that holding up to 50% in physical gold and silver (outside the banking system) is the best way to protect wealth against the coming collapse of paper money as well as major defaults in the financial system." ***All manipulation ends in tears
***Cognitive Dissonance, Economics & Politics |
|
|
|
Post by Entendance on Apr 11, 2017 13:07:31 GMT -5
Medicalxpress reports: “Researchers at the University of Zurich have identified the brain mechanism that governs decisions between honesty and self-interest. Using non-invasive brain stimulation, they could even increase honest behavior.”
In an experiment involving rolling dice, where cheating would increase volunteers’ earnings, “researchers applied transcranial direct current stimulation over a region in the right dorsolateral prefrontal cortex (rDLPFC). This noninvasive brain stimulation method makes brain cells more sensitive i.e., they are more likely to be active. When the researchers applied this stimulation during the task, participants were less likely to cheat...”
April 11, 2017 Study: manipulating the brain to create honest behavior (Jon Rappoport has worked as a free-lance investigative reporter for over 30 years) H/T Tom from Florida
***Into the Mind of a Psychopath
***Don't Get Hooked
***2017: The Year of Reckoning
|
|
|
|
Post by Entendance on May 22, 2018 1:13:20 GMT -5
"...Understanding the consequences of procrastination, and fighting back against the habits that make you more susceptible to it will keep you productive and in better overall health. If you find yourself a habitual procrastinator and a passive one at that, take steps to help yourself overcome this habit. It could help lower your stress and leave you feeling healthier and more vibrant." ***Scientists Find A Link Between Procrastination And Health Threats
Fred & Entendance Beach: ***All About Procrastination |
|
|
|
Post by Entendance on Jun 29, 2018 4:47:27 GMT -5
|
|
|
|
Post by Entendance on Aug 17, 2018 3:29:25 GMT -5
The Silver Bear Cafe: Gold to Soar Above $6,000
Wall Street On Parade: Deutsche Bank and Citigroup Bleed More Equity Yesterday: The Reason Should Concern Us All
DENIAL, SHITTY SITUATION AND ITS OUTCOME 
Propaganda doesn't have to change your mind to be effective-- all it has to do is disable your critical thinking by blinding you with rage, misdirecting your attention, generating an "Other" that acts as a target for projected frustration, creating either-or thinking, splinter the working / middle classes into divisive "tribes" supported by echo-chamber social media and addict you to constant drips of carefully tailored emotional derangement. 
One of the most important findings in psychology is that people make important changes in their lives when they are in the midst of deep emotional experience. Simply talking with a coach, counselor, or therapist doesn't in itself lead to profound change. Rather, it's when we experience things strongly that our existing views of the world are shaken up. That shake up opens us to new ways to view ourselves, others, markets, and the future.
This is one of the reasons important change can occur when people "hit bottom". It's when everything has gone wrong and we're in despair that we're willing to make a complete overhaul in what we do. Therapists refer to this as "corrective emotional experiences".
The Entendance Beach & Denial A Shitty situation The Outcome 5 Signs That Global Financial Markets Are Entering A Bear Market, And 11 Ways That You Can Get Prepared For The Chaos That Is Coming… The easiest solution
|
|
|
|
Post by Entendance on Apr 1, 2019 4:47:34 GMT -5
"...Do the fools in Washington really think that our homosexualized, feminized, transgenderized military can take on Russians, Chinese, and Persians? Hollywood can make all the movies it wants with female superheroes, but superheroes are the last thing whining American feminists are.
The real questions for the politically correct crowd are: (1) why isn’t war politically incorrect, and (2) why isn’t it politically incorrect for the politically correct arbiters of language to call the rest of us names?..." Paul Craig Roberts Western Culture Has Died A Politically Correct Death
|
|
|
|
Post by Entendance on Jun 2, 2019 23:57:49 GMT -5
",,,Note that some areas have significant overlap in terms of their manifestations in the marketplace. For example, corporate bond ETFs and open-ended mutual funds have been created to appease the demand from retail investors for access and exposure to corporate bonds and loans. These products are attractive to retail investors (and those that have sold products to them) because they believe that ETFs and mutual funds have daily liquidity. What retail investors may not have considered, however, is that this perception of daily liquidity is not entirely accurate: these products are based on OTC securities, which are riddled with hidden risks in down-market cycles. To fully understand trading dynamics, one must understand asymmetric market-making risks, whereby in up markets these underlying OTC securities trade relatively efficiently, but in down markets their liquidity (and the market-makers that supply it) completely disappear. In down markets, redemption suspensions will catch corporate bond ETFs and mutual fund investors by surprise and result in tremendous confusion and possible retail investor panic as this asset-liability mismatch becomes evident. The investors in the assets—ETFs and mutual funds—will be shocked to find that they cannot quickly redeem because the underlying OTC securities will have no bids and, thus, no exits..."
This Time Is Different, but It Will End the Same Way: Unrecognized Secular Changes in the Bond Market since the 2008 Crisis That May Precipitate the Next Crisis |
|
|
|
Post by Entendance on Dec 7, 2019 11:06:55 GMT -5
<...The global “reset” as they sometimes refer to it, has already been triggered. Going into 2020, the question is will the fantasy fall completely away to reveal the grotesque economic swamp our foundation has been built on top of? Or, will the delusion drag on for at least one more year? Given the current data, I suspect the party is over. But it is difficult to predict how the public will react to a financial crash. 
Sometimes people have no choice but to acknowledge the danger in front of them, but sometimes they simply bury their heads in the sand deeper and hope that by dragging out the inevitable the inevitable will become forgettable.> Get Ready For An Economic Wake-Up Call This Holiday Season |
|
|
|
Post by Entendance on Apr 20, 2020 3:44:57 GMT -5
Satan’s Bank Note
In the early 19th century ‘filthy rags’ – or bank notes – became a common form of currency. A surge in forgery followed, accompanied by a surge in harsh prosecutions. How did we get from gold to paper?
( The yellow brick road will be paved with this)
“The iron law of oligarchy is a political theory, first developed by the German sociologist Robert Michels in his 1911 book, Political Parties. It asserts that rule by an elite, or oligarchy, is inevitable as an "iron law" within any democratic organization as part of the "tactical and technical necessities" of an organization. Michels's theory states that all complex organizations, regardless of how democratic they are when started, eventually develop into oligarchies. Michels observed that since no sufficiently large and complex organization can function purely as a direct democracy, power within an organization will always get delegated to individuals within that group, elected or otherwise. Michels argues that democratic attempts to hold leadership positions accountable are prone to fail, since with power comes the ability to reward loyalty, the ability to control information about the organization, and the ability to control what procedures the organization follows when making decisions. All of these mechanisms can be used to strongly influence the outcome of any decisions made 'democratically' by members. Michels stated that the official goal of representative democracy of eliminating elite rule was impossible, that representative democracy is a façade legitimizing the rule of a particular elite, and that elite rule, which he refers to as oligarchy, is inevitable.” This is made crystal clear in the financial crisis of 2008 and the current economic collapse. In 2008 the perpetrators of the reckoning were provided with cheap loans that negated free market forces while rewarding excessive risk taking. This free flow of cheap money continued for the next decade. Financial markets as an efficient pricing mechanism of the productive allocation of finite resources died in 2008. What we were left with was a clear display of The Iron Law of Oligarchy. Millions of young Americans were inundated with loans that could not be absolved even through bankruptcy. In today’s crisis we see that financial markets received enough support to prop market capital within short reach of all time highs despite the economy seeing 22 million working Americans filing for unemployment. Policy makers first response to the crisis was to quickly allocate $5 trillion to a relatively few financial firms in order to prevent them from having to take losses on their speculative trades. These firms used the cash to re-inflate market prices, which created profits, from which they paid back the loan via the repo market. On the other hand, it took several weeks for policy makers to allocate only $350 billion to support the government forced closure of around 20 million small businesses. This relatively small funding allocation ran out after 1.5 million small businesses received assistance. Stiegler argues “the first purpose of empirical studies of regulatory policy is to identify the purpose of the legislation! The announced goals of a policy are often unrelated or perversely related to its actual effects and the truly intended effects should be deduced from the actual effects [over time].” That is, don’t listen to the stated objectives of policy makers but study the actual results of their policies over time; the results over time are the intended effects. If we look at the actual effects of economic policies over the past 30 years it should provide us a strong indication of the intended effects. Market capital driven wealth of the S&P 500 has increased by 1500% since 1988 while median weekly incomes have increased by 113%. For some perspective, rents of primary residence for Americans has increased 269.7% over that same time period. It doesn’t matter to me what profession you chose or how proficient you are in finance,  the notion that the system is designed to enrich a few and enslave many has never been more clear.
(Post in collaboration with Tom from Florida & theunderdog)
|
|
|
|
Post by Entendance on Oct 21, 2020 5:07:20 GMT -5
|
|
|
|
Post by Entendance on Dec 10, 2022 5:26:22 GMT -5
|
|
|
|
Post by Entendance on Mar 4, 2023 3:08:54 GMT -5
|
|
|
|
Post by Entendance on Mar 27, 2023 15:54:50 GMT -5
|
|
|
|
Post by Entendance on Aug 13, 2023 0:06:10 GMT -5
'The Taliban government in Afghanistan – the nation that until recently produced 90% of the world’s heroin – has drastically reduced opium cultivation across the country. Western sources estimate an up to 99% reduction in some provinces. This raises serious questions about the seriousness of U.S. drug eradication efforts in the country over the past 20 years. And, as global heroin supplies dry up, experts tell MintPress News that they fear this could spark the growing use of fentanyl – a drug dozens of times stronger than heroin that already kills more than 100,000 Americans yearly.
The Taliban Does What the US Did Not
It has already been called “the most successful counter-narcotics effort in human history.” Armed with little more than sticks, teams of counter-narcotics brigades travel the country, cutting down Afghanistan’s poppy fields.
In April of last year, the ruling Taliban government announced the prohibition of poppy farming, citing both their strong religious beliefs and the extremely harmful social costs that heroin and other opioids – derived from the sap of the poppy plant – have wrought across Afghanistan...
 ...Imperialism and illicit drugs, therefore, commonly go together. However, with the Taliban opium eradication effort in full effect, coupled with the uniquely American phenomenon of opioid addiction, it is possible that the United States will suffer significant blowback in the coming years. The deadly fentanyl epidemic will likely only get worse, needlessly taking hundreds of thousands more American lives. Thus, even as Afghanistan attempts to rid itself of its deadly drug addiction problem, its actions could precipitate an epidemic that promises to kill more Americans than any of Washington’s imperial endeavors to date.'
|
|
|
|
Post by Entendance on Jan 17, 2024 17:38:21 GMT -5
'...Western credibility has been shredded irrevocably.
Of course, Western hypocrisy is nothing new. According to Western governments, the world should be up in arms about Russian aggression but should be perfectly happy with Israeli brutality and flouting of international norms. Ukrainians who throw Molotov cocktails at Russian occupation forces are heroes and freedom fighters, while Palestinians (and others) who dare to speak out against Israeli apartheid are terrorists. White-skinned refugees from Ukraine are more than welcome, while black and brown-skinned refugees from conflicts in the Middle East, Asia and Africa (most of which the West are behind) can sink to the bottom of the Mediterranean. The Western attitude has truly been: rules for thee, not for me.
The Western position towards China exhibits the same insincerity. China is virtually encircled by American and allied military bases, armed to the hilt. Yet it is China that is guilty of… what? Unable to point to any concrete infraction, Western governments and media can only accuse China of “increased assertiveness”, ie, not knowing its assigned subjugate place in the Western hegemonic order.
International justice has become a sick joke. Were the International Criminal Court (ICC) functioning effectively, Israeli leaders would be on trial even as we speak, and there would have been no need for South Africa to approach the ICJ. As it stands, though, the ICC only indicted Africans until 2022, when it announced an investigation into the Russian invasion of Ukraine less than a week after its start. The ICC issued indictments, including for Russia’s President Vladimir Putin, in less than a year. Conversely, it took over six years for the ICC to open an investigation into the situation in Palestine, and even now, years later, meaningful action has yet to be taken. While Israel continued its orgy of violence against the people of Gaza, Karim Khan, the British Chief Prosecutor of the ICC, visited Israel and stressed the need for Hamas’s crimes to be prosecuted, while going soft on Israeli crimes. Little wonder many civil society organisations are calling for him to be fired.
Of course, Western hypocrisy is nothing new. From the get-go, international legal norms were intended to apply only to so-called “civilised” – read white – peoples. Savages did not count, and the powerful Western states could – and did – do to them what they pleased. Natives certainly did not “own” land or natural resources, and colonial powers were free to steal and exploit those as they wished. Zionism was also founded on such racist attitudes – attitudes that remain at the core of Israeli policies to this day.
These double standards are apparent with regard to the right to national self-determination – the fundamental right of all peoples to choose their own political system and control their own natural resources. After World War I, US President Woodrow Wilson insisted that self-determination be the guiding principle of the new world order – but, of course, only for Europeans. Palestinians and other Arab peoples found out the hard way that colonialism was alive and well: They were subject to League of Nations Mandates, which justified colonial rule for “peoples not yet able to stand by themselves”. The Charter of the United Nations also included provisions for Trusteeship, essentially along similar lines as the Mandates of the League...'
By supporting Israel’s atrocities in Gaza, the West has shredded what remains of its credibility and brought the ‘rules-based’ world order it purports to lead to the point of no return
Gaza will be the grave of the Western-led world order
|
|
|
|
Post by Entendance on Feb 15, 2024 8:22:57 GMT -5
|
|
The Entendance Beach &
Rampant DENIALISM dominates 
