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Grace Blakeley: The World Must be Saved from Financialization

Even when times are good, the many have been largely excluded from the success enjoyed by the few. Where many see a strong economy today, Grace Blakeley sees not only the early indicators of an inevitable recession, but the "death throes" of an entire economic model that is crumbling before our eyes. She warns of a bleak future but also offers a hopeful alternative vision for the years to come and a road map to get there.

homepage: homepage: http://www.freembtranslations.net
address: address: www.therealnews.com

post-1980s-Reagan-Thatcher Financialization has replaced 'capitalism' 07.Dec.2019 00:34


total debt levels and deficit spending of the past 30 years has eclipsed that of the past few centuries of Western civilization; while central banks, led by the U.S. dollar-based Federal Reserve continue to issue debt note fiat currency which perpetuates an utterly 100% fake global 'economy'.


useful Reference information :

N.B. the ^ sections on *Financial turnover compared to gross domestic product (GDP), and *Futures markets


more: financialization, negative interest rates, our debt-based economic model 07.Dec.2019 00:41


Federal Reserve Cuts Interest Rates For Third Time In 2019

US Federal Reserve Starts "Quantitative Easing Forever"

The Federal Reserve Has A Repo Problem. What's That?

Sen. Warren Grills Treasury Secretary Mnuchin On Federal Reserve Repo / Overnight Lending

Trump, while simultaneously calling for devaluation of the/a weaker U.S. dollar, is outspending Obama by enormous magnitude :
Late 2019 Economics: We've never seen anything like this. Not even under Obama

The Disaster Of Negative Interest Rates

IMF: Global economy, financial system on brink of disaster

The way out for a world economy hooked on debt? More debt

The Silence On Wall Street's Dark Pools Is Deafening 13.Dec.2019 13:05

author: Pam Martens

It is destined to go down as one of the greatest journalistic and regulatory failures of our time - the lack of serious attention by investigative business reporters and the U.S. Department of Justice to the glaring fact that the largest Wall Street banks continue to trade their own and each other's bank stocks in their own Dark Pools.

Dark Pools function as unregulated stock exchanges inside the bowels of the largest Wall Street banks. Making the situation even more dicey, some of the big banks own more than one Dark Pool, raising the possibility that there could be cross-trading between those pools to artificially inflate or depress stock prices.

After being repeatedly charged with collusion, should global banks be allowed to team up on the darkest of trading markets, i.e., Dark Pools? Should felon banks like Citigroup and JPMorgan Chase be allowed to trade the stocks of their own bank? Should any Wall Street bank be allowed to trade its own stock in darkness?

(Financialization documentary) The Money Deluge 24.Dec.2019 18:48


(42:24)  http://www.youtube.com/watch?v=t6m49vNjEGs

The Money Deluge: How the Rich get Richer

European zero interest rates and how it impacts ordinary citizen savers.
Global economy awash in, 'avalanched' with "cheap money" in ever-increasing quantities.
Central banks (European Central Bank, Bank of Japan, Federal Reserve) i.e. the nation-state currency-issuing entities buying up all debt and bond market assets, globally.
Real estate wheeled-dealed, bought out and jacking up of housing costs/prices by masked financial entities with no relation to native residents or economy, in locales across the world.
German bank advisor to her client (about his own money in his savings account) : "Since you're earning almost no interest we have to see where we can generate a return."
Large transnational corporations wheeling-dealing multi-billion Euro/dollar takeover and repurchase agreements (which without such freely-available central bank-pumped money would never come to fruition) buoyed by ultra-low interest rates.
Trump administration (in only 3 years) with the Federal Reserve as fiat money-creation spearhead has outspent, and increased deficit spending and U.S. national debt amounts of the Obama adminstration era by vast orders of magnitude.
Debt- and loan-based economic model upon which not only private corporations but also banks, governments and citizens are utterly dependent and part of an ever-inflating gigantic bubble.
Zurich (Switzerland) citizen : "I'm a former banker, now retired. I can't say that with pride anymore. They're casinos now."
a YouTube user comment : " If watching this in 2017 was scary try watching it in 2019 lol "