Ultimate money magician in the Federal Reserve and the art of shadow bailouts – The continuing secretive bailout of the $3.5 trillion commercial real estate market.
The Federal Reserve is the ultimate magician in concealing bad bets for the flawed banking system. Few in the history of the Federal Reserve have called them out on their shadow bailouts but people are starting to wakeup no thanks to the mainstream controlled media. Think about how insane it is to have a central […]
8 charts from a brave new banking and economic system – Federal Reserve refutes bailouts yet fails to address inflated questionable assets on their balance sheet. Do you think a $7 billion insurance fund can support the $9.7 trillion in deposits at U.S. banks?
The Federal Reserve has been going back and forth with reporting from Bloomberg regarding the massive bailouts and loans made to the financial sector during the crisis. What is rather astonishing is the ability to discuss trillions of dollars of loans made to largely irresponsible financial institutions with absolutely no oversight. Like an angry couple […]
A College Siren Call – Going to a for-profit college today is like purchasing a home with a subprime loan at the peak of the housing market – The massive student debt bubble expanded from $200 billion to over $960 billion from 2000 to 2011 with a big push from for-profits at a time when incomes contracted.
The college debt problem is boiling over and spilling hot water onto an already weak economy. This is no longer a petty niche issue when we are quickly reaching $1 trillion in outstanding student loan debt. What is more problematic is the acceleration in tuition over the last decade. Most of the combined data is […]
Meet the New Recession, same as the Old Recession – Financial sector devouring a disproportionate amount of revenues. Share of wealth to financial sector at record levels.
The middle class is being squeezed like a ripe tomato out of existence in the United States and the media is largely fixated on trivial nonsense, political theatre, and flashy car advertisements to keep people numb from the grim reality. The financial sector has become a large drag on the overall economy instead of serving […]