Yet another financial expert is sounding the alarm on what he believes to be a widespread misconception about the nature of Bitcoin. The popular cryptocurrency, Bridgewater Associates founder Ray Dalio stated during a recent interview on CNBC, isn’t stable, nor is it actually worth the amount of money at which it is currently valued. Like…
It’s unlikely that the destabilizing of the political calculus in Europe resulting from impressive showing of anti-austerity candidates in Italy will end prettily or nicely. However, Europe had already put itself in the position of having only bad choices. So the question is who suffers, and the public in periphery countries are starting to rebel…
Taxpayers are rightfully angrier than ever before about the state of the U.S. economy and the government’s handling of the financial crisis; perhaps even more so than the Colonists at the original Tea Party. After all, it appears that the only group benefiting during this painful slide into recession are the very people who caused…
Born A Poor White Child Stockbroker. Born Bernard Lawrence Madoff on April 29, 1938, in New York City to parents Ralph and Sylvia Madoff. Ralph, the child of Polish immigrants, worked for many years as a plumber. His wife, Sylvia, was a housewife and the daughter of Romanian and Austrian immigrants. The couple married in…
Stanford indicted in alleged $7B fraud scheme. WASHINGTON (AP) — Brash Texas billionaire R. Allen Stanford was indicted Friday on charges his international banking empire was really just a Ponzi scheme built on lies, bluster, and bribery.
Currency debasement just the cost of doing business, raising new capital with toxic waste, looting on Wall street, looting in Europe, the heart has been ripped out of the US economy, US Credit rating downgraded, facing the collapse of the western welfare state. The entire concept of keeping the economy functioning is based upon US…
IN A SPEECH SEVERAL WEEKS AGO TO THE AMERICAN ENTERPRISE INSTITUTE, THIS MISERABLE RINO REGARDED THOSE WHO (PAID INTO AND RELIED UPON) THEIR INSURANCE PROGRAM FOR DISABILITIES AND THEIR RETIREMENTS AS LAZY AND INDOLENT. Rothschild Banking Cabalist ~ Paul Ryan Paul Ryan Forces Americans To Absolve [The Rothschild Banking Cabal] From Obligations For ESTABLISHED HEALTH…
Birgitta Jónsdóttir, member of the Icelandic Parliament Demand A Global Referendum For The Arrest And Conviction Of Queen Elizabeth II. HISTORY OF ABUSE BY THOSE WHO HAVE PROSPERED IN A OPEN FREE MARKET, ONLY THEN TO USE THAT FINANCIAL PROSPERITY TO GOVERN THE MARKET AND ENSLAVE THEIR FELLOW MAN! Related articles The Trial of Iceland’s…
First of all, let’s define a “Ponzi” scheme. The term itself originated from the escapades of a master swindler by the name of Charles Ponzi, an Italian Mafioso who began luring investors by promising large financial returns based on bogus international “postal credits” during the “roaring 20’s”.
Why should we care if there has been a cover up? Well, initially, if there has been activity which is harmful to the economy and may lead to another financial crisis, wouldn’t we want to know about it, so that we prevent it from happening again?
