Global Intelligence
Finally, the Volcker rule is being implemented, after 3 years of debate and modifications. Although it’s not as originally proposed, today is the first day the rule is being enforced. It’s questionable though, how much this rule will actually impact the markets. Banks are now not doing proprietary trading, but other entities will. What this […]
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America is a country that is now utterly divided when it comes to its society, its economy, its politics. There are definitely two Americas. I live in one, on one block in Baltimore that is part of the viable America, the America that is connected to its own economy, where there is a plausible future […]
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An Idea! Let the Fed Drop Money into Your Bank Account Instead of Raining it Down on the Rich Dec 08, 2013 – 05:56 PM GMT By: Ellen_Brown The Fed could be an institution that serves all the people, not just the 1%. The Federal Reserve is the only central bank with a dual mandate. It […]
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Few realize how the use of the US Dollar in their everyday lives will be impacted if the world shifts away from using USD as a reserve currency. Many seem to feel detached from economic discussions, as if the rate of the US Dollar will not impact them because ‘they buy everything in Dollars’ – […]
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Bitcoin has crashed to $576 and recovered a bit, all in a matter of days, down from it’s high by more than 50%. It was inevitable that a few short days after Wall Street lovingly embraced Bitcoin as their own, with analysts fromBank of America, Citigroup and others, not to mention the clueless momentum-chasing, peanut gallery vocally […]
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Bitcoin being sold off as Baidu halts payments due to ‘value fluctuation’ – another ding in the credibility of the new digital crypto currency. Bitcoin is being sold aggressively on heavy volume as this headline hits: *BAIDU SUSPENDS BITCOIN PAYMENT ACCEPTANCE ON VALUE FLUCTUATION And the official, google-translated announcement from the BIDU website [4]: [5] This is […]
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The big market debate is when the Fed, if at all, will taper. Taper means they will not necessarily end the QE program but decrease it. But another school of thought thinks the Fed may even increase the QE program. But here’s the strange thing, the Fed said we would be at 7% when the […]
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Europe’s prospects continue to look bleak. With some youth unemployment rates around 50%, it’s hard to imagine how a new generation of European workers will participate in any recovery. Europe’s overall unemployment figures are still well higher than in the US, even considering that US numbers are not a true reflection of real unemployment in […]
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Professor Laurence Kotlikoff- Fed Printing 29 Cents of Every Dollar Uncle Sam Spends The Intergenerational Financial Obligations Reform Act | THE INFORM ACT
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