May 5 2012

The chicanery between the Fed and ECB – twin balance sheets near peak levels and many European nations back in recession. Methods of understating US unemployment rates.

The Fed and ECB (European Central Bank) have taken notes from the exact playbook in dealing with the global financial crisis.  People tend to believe that these are somehow fully set government agencies but in reality, they are designed to protect their number one constituency group.  The Fed and ECB have the primary mission of […]

May 3 2012

Contagion and the viral spreading of debt based systems – CEO pay at regional banks surge on average to $10.5 million thanks to bailouts while austerity is forced onto the middle class.

The biggest economy in the world just reached a new peak with their unemployment rate.  We are not talking about the United States but the massive block in the Eurozone.  The unemployment rate in the 17 country block reached a new all-time high at 10.9 percent as austerity measures are being used to combat massive […]

May 1 2012

Middle class dysphoria – What does the new American Dream look like? Inflated college tuition, lower home ownership rates, and compressed wages.

The American Dream was always tied to economic prosperity.  The ability to work and save for a respectable retirement seemed cornerstones to this vision of middle class success.  The idea that future generations would have it better seemed to also be part of this vision of economic prosperity.  The last two decades have seen a […]

Apr 28 2012

The cascading waves of debt implosion – 5 charts looking at debt leverage, velocity of money, and contagion impacts from the European crisis.

If you inject money out of thin air into the banking sector but no quality jobs emerge, is the result a success?  The bailout mission statement revolved around keeping credit available for the American public.  The absolute opposite has occurred.  A massive internal credit deleveraging has been taking place but the banks have simply hoarded […]

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Apr 22 2012

The big swindle and a fog of debt – hiding the unemployed in the higher education bubble and three years of economic recovery equates to 11.5 million more Americans on food stamps.

A large part of our recovery is running on public relations trickery and smoke and mirrors debt machinery.  Let me explain what I mean by this since on the surface we have been out of a recession since the summer of 2009.  Government debt is soaring and public debt in certain sectors is flying off […]

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