Tag Archives: risk

How the rich got richer and continue to do so: evading risk.

On the most recent episode of the Keiser Report, Max and Stacy open the show with a discussion of the chart below, which shows that the top 1 percent of the world’s population owns half of the world’s wealth, and … Continue reading

Posted in Crap-italism, Debt, Everything Is Rigged, Financial Terrorism, Financialization, Reverse socialism, Wealth transfer | Tagged , , , , , , , , , , , , | Leave a comment

Collapse Is Unnecessary Because All Money Is Fake

So Greece has now “defaulted” on its international “obligations,” thereby becoming the first developed nation to challenge the hegemony of the international system of finance—as opposed to the actual economy—by simply not paying.  Russia Today puts it thusly: The International … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, Financialization, Rent-seeking, Rentier, stock market, Too big to fail, Tyranny, Wage slavery | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“Welfare State for the Banking System,” Not You and Me

Stacy Herbert nails what is wrong with the current order of things: “(approx. 7:38) This is the class war that Warren Buffett, one of the richest men in the world, has talked about–that his class is winning.  And part of … Continue reading

Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Financialization, Foreclosure fraud, Keiser Report, Living Lies, Reverse socialism, ZIRP | Tagged , , , , , , , , , , , , | Leave a comment

BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM

We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it.  This is uncontroversial … Continue reading

Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Redistribution, Reverse socialism, self-issued currency, Too big to fail, Wealth transfer | Tagged , , , , , , , , , , , , , , , | Leave a comment

THE BANK VS. YOU: ASYMMETRICAL WARFARE

Rarely does one hear the financial terrorism of the banks distilled with such clarity into a single paragraph… Max Keiser (begins at 17:42):  If we look at the recent history of these financial predators going back 5 or 6 years, … Continue reading

Posted in Asset Bubble, Debt, Debt Slavery, Financial Terrorism, Foreclosure, Keiser Report, Rent-seeking, Rentier, Wages, ZIRP | Tagged , , , , , , , , , , , , | Leave a comment