Of Two Minds – Unstoppable: The Greatest Depression and the Reverse Wealth Effect

I'll try to summarize all this as simply as possible: 1. The global economy's cost structure has been fatally distorted by central bank policies of inflating asset bubbles and reducing interest rates to near-zero. 2. Earnings from labor have stagnated or eroded since the era of globalization / financialization took off around 2000. 3. Everything … Continue reading Of Two Minds – Unstoppable: The Greatest Depression and the Reverse Wealth Effect

America Convulses in Pain, Fed Bails Out the Wealthy – YouTube

VIDEO: https://youtu.be/9xXSX5Yl0NIWhat's so insidious about the Fed's bailouts of investors in hedge funds, stocks, bonds, leveraged loans, and other often risky assets in a crisis? The destruction of capitalism.America Convulses in Pain, Fed Bails Out the Wealthy - YouTube