If the Former Chairman of Nasdaq is a Crook, Who Can You Trust in America?
by Nicholas von Hoffman
Global Research, December 21, 2008 The Nation
The news of Bernard Madoff’s $50 billion fraud has hit the investor/401(k) class as nothing else — not the fall of Lehman Brothers, not the death of Bear Stearns, nor the string of insolvency announcements of one household name after another. Madoff is the blow that did it.
Lesser explosions connected with Madoff are expected. His story that (…)
Home > Keywords > International > Trade-Exchange Rates
Trade-Exchange Rates
Articles
-
If the Former Chairman of Nasdaq is a Crook, Who Can You Trust in America?
21 December 2008 par (Open-Publishing)
-
Ground Zero on Wall Street: Fed Funds and T-Bills Hit 0% Interest
21 December 2008 par (Open-Publishing)
Ground Zero on Wall Street: Fed Funds and T-Bills Hit 0% Interest
by Ellen Brown
Global Research, December 20, 2008 webofdebt.com
“I am more concerned with the return of my money than the return on my money.”– Mark Twain
In the last two weeks, two federal interest rates hit all-time record lows. On December 16, the market was taken by surprise when Fed Chairman Ben Bernanke lowered the federal funds rate (the interest banks pay to borrow the reserves they need to meet their reserve (…) -
London Banker: "The market has failed, and officialdom is perpetuating that failure."
18 December 2008 par (Open-Publishing)
1 commentLondon Banker: "The market has failed, and officialdom is perpetuating that failure."
By Mike Whitney
December 18, 2008 "Information Clearinghouse" --- Ever since the two Bear Stearns hedge funds defaulted 17 months ago triggering a global financial crisis, the Federal Reserve has been busy putting out one fire after another. Fed chief Ben Bernanke has slashed interest rates to .25 percent, handed out billions in emergency funding to teetering insurance companies and mortgage lenders, (…) -
China and The Financial Crisis
18 December 2008 par (Open-Publishing)
China and The Financial Crisis
by Andrew Hughes
Global Research, December 17, 2008
With the waves of destruction brought about by the Global Financial Meltdown there comes a defining moment of obligatory reflection. If such disaster has been visited upon the Globe, what lessons can be learned to dismantle the mechanism that brought it about in the first place?
The remedies proposed by Governments the world over are not working as every real economic indicator confirms. The eternal (…) -
Global Financial Domination: The $8.5 Trillion Chip. Obama’s Gamble - The Ultimate And Final Bet By Obama
13 December 2008 par (Open-Publishing)
Global Financial Domination: The $8.5 Trillion Chip. Obama’s Gamble - The Ultimate And Final Bet By Obama’s Financial Handlers
by Matthias Chang
Global Research, December 13, 2008 FutureFastForward.com - 2008-12-12
A few weeks ago, I warned in my website that the Dow would dive below 7,000 at the earliest by end of December 2008 and at the latest by the end of the first quarter 2009.
Any responsible central banker would want to control a downturn, preferably by a gradual slide of (…) -
Under the Hammer
13 December 2008 par (Open-Publishing)
By David Glenn Cox
Through serendipity I received a four-page, color brochure in the mail the other day. Online Auction Due To Plant Closure, 2 Day Auction of Over 700 Lots of Textile & Plant Support Equipment. I thought it odd that I should receive this in the mail, but maybe someone thought I might be in the market to open my own textile mill, or perhaps, like the outsourcing companies, they have to post the jobs locally first.
Anyone out there looking to open a textile mill? I (…) -
Collapse of Pension Funds: The End of Retirement?
13 December 2008 par (Open-Publishing)
Collapse of Pension Funds: The End of Retirement?
by Shamus Cooke
Global Research, December 13, 2008
Unless things change fast, human history will show that the phenomenon of “retirement” was limited to one generation. After World War II, when European and Japanese economies stood in tatters, American capitalism could fulfill “the American dream,” since there was little foreign competition to speak of. For the first time ever, workers were promised that — after working thirty or so (…) -
Excess Debt and Deflation = Depression
12 December 2008 par (Open-Publishing)
Excess Debt and Deflation = Depression
by Stephen Lendman Global Research, December 12, 2008
Irving Fisher (1867 - 1947) was perhaps the most noted economist of his day. The Concise Encyclopedia of Economics calls him "one of America’s greatest mathematical economists and one of" its clearest writers. He earned special acclaim for his work on monetary and statistical theory, policy, index numbers, econometrics, and the distinction between real and nominal interest rates.
He’s also (…) -
12.12.08: Understanding the Next Phase of the Global Systemic Crisis (1 hour radio show)
12 December 2008 par (Open-Publishing)
12.12.08: Understanding the Next Phase of the Global Systemic Crisis (1 hour radio show)
"Understanding the Next Phase of the Global Systemic Crisis" with Director of Research for the GlobalEurope Anticipation Bulletin, Franck Biancheri. We discuss the global systemic crisis leading to a Very Great Depression in the United States. Each month, the Bulletin brings its unique analyses of the upcoming stages of the collapse of the world order created after 1945, as well as numerous strategic (…) -
USA LOSES IN AN ECONOMICS WAR AND IS NOW A DEFEATED AND CONQUERED NATION
7 December 2008 par (Open-Publishing)
USA LOSES IN AN ECONOMICS WAR AND IS NOW A DEFEATED AND CONQUERED NATION
Published 12/06/08 Thomas Heffner - Print Article E-mail - editor@economyincisis.org
USA Loses In An Economics War And Is Now A Defeated and Conquered Nation with a destroyed industrial infrastructure, forced to live on imports and on credit from anyone who will offer it. Here is how it happened:
Americans have been defeated in an economics war with consequences as meaningful and damaging as if having lost a (…)