It’s time to get painfully honest about this Via Adam Taggert @ Peakprosperity.com
[Editors Note: Check out my latest video Bitoin; Real time Justice & Restitution to learn about the systemic fraud and corruption in the Legacy financial systems and how Bitcoin is the ultimate weapon and defence against it]
“In my opinion, it’s long past time we be brutally honest about the banks. Their influence and reach has metastasized to the point where we now live under a captive system. From our retirement accounts, to our homes, to the laws we live under — the banks control it all. And they run the system for their benefit, not ours”
“Money has become a death cult and Janet Yellen is the head Priest”
We discuss cognitive dissonance in US stock markets. In the second half, Max continues his interview with economic researcher, writer and trend forecaster, Chris Martenson of PeakProsperity.com about ‘the mother of all bubbles’ in US equity markets.
“So for those of you who haven’t seen it — strap yourselves in for 140 years of Monetary History In Ten Minutes”“By the end of this clip you’ll be able to answer for yourselves:– Are we overdue for a new monetary system? – Is war good for an economy? – Why did Nixon sever the link between all currencies and gold?”
“Another record for the history books.”In addition to reporting on the dangers facing global banks as a result of declining profits in the current low rate environment, today the IMF also released its latest Fiscal Monitor report which sounded a loud alarm when it revealed something disturbing: at 225 percent of world GDP, the global debt of the nonfinancial sector, comprising the general government, households, and nonfinancial firms, is currently at an all-time high of $152 trillion”
