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1.  Two-Card Monte: Why Mastercard And Visa Rarely Shut Down Scammers Who Are Ripping Off Consumers  

2022-05-19


View In: Finance
The global credit card rivals maintain a strikingly permissive relationship with companies that have been accused of fraud. For one of Mastercard’s top executives, that relationship went even further. A BuzzFeed News investigation.

2.  The Cost Of Financialization-Globalization: You Lost $500,000 & Gained $137.13  

2022-02-12


ZeroHedge News
View In: Finance
The Cost Of Financialization-Globalization: You Lost $500,000 & Gained $137.13 Authored by Charles Hugh Smith via OfTwoMinds blog, Ponder what a clawback of the $50 trillion might entail, and the immense benefits of returning to producing quality goods and services by completely unwinding financializatio...

3.  When A Swap Becomes A Swipe  

2022-02-10


The Daily Poster
View In: Finance
A new lawsuit challenges an interest-rate scheme that critics say helped Wall Street loot communities across America.

4.  Visualizing The State Of Global Debt, By Country  

2022-02-06


ZeroHedge News
View In: Finance
Visualizing The State Of Global Debt, By Country Since COVID-19 started its spread around the world in 2020, the global economy has been put to the test with supply chain disruptions, price volatility for commodities, challenges in the job market, and declining income from tourism. The World Bank ha...

5.  The Fed is about to raise interest rates and shaft American workers – again | Robert Reich  

2022-02-06


The Guardian
View In: Finance
Policymakers fear a labor shortage is pushing up wages and prices. Wrong. Real wages are down and workers are strugglingThe January jobs report from the US labor department is heightening fears that a so-called “tight” labor market is fueling inflation, and therefore the Fed must put on the brakes b...

6.  Túmin: The Alternative Currency Rebuilding Community In Mexico  

2022-02-04


Popular Resistance
View In: Finance
In southern Mexico, Itzel Castro sits behind the counter at a small artisanal store tucked along a colorful side street. She welcomes customers as they browse shelves stacked full of food, books and accessories. When the customers check out, Castro offers them change – not in pesos, but in Túmin. Túmi...

7.  Joe Biden Has Just Given Wall Street a Huge Win  

2022-02-03


Jacobin Magazine
View In: Finance
When former president Donald Trump paved the way for his private equity donors to skim fees from Americans’ 401(k) retirement accounts, Joe Biden’s campaign denounced the stealth executive action and promised to oppose such changes if he won the presidency. But less than two years later, Biden’s administratio...

8.  Biden Reversal Gives Wall Street A Big Win  

2022-02-03


The Daily Poster
View In: Finance
The Democratic president slammed but now backs a Trump ruling that could help private equity kingpins loot retirees’ savings.

9.  The Federal Reserve Has Fueled Wall Street at the Expense of the Rest of Us  

2022-01-27


Truth Out
View In: Finance
The Federal Reserve stokes inequality, says Christopher Leonard, author of the new book “The Lords of Easy Money.”

10.  Capitalist Bonanza: Share Buybacks Reached Record High In 2021  

2022-01-05


Popular Resistance
View In: Finance
The coronavirus pandemic continued to wreak havoc in 2021, with the Omicron and Delta variants, supply chain disruptions, and inflation battering the global working class. In the United States, companies continued to put profits before worker well-being while the Biden administration refused to provid...

11.  A Strategy To Promote Sound Money: Decentralize The State  

2021-12-28


ZeroHedge News
View In: Finance
A Strategy To Promote Sound Money: Decentralize The State Authored by Matt Ray via The Mises Institute, For more than a century, an inflationary monetary policy has plagued the United States. Most recently, price inflation has become the most obvious consequence of the Federal Reserve’s actions to th...

12.  The fall of the Soviet Union allowed oligarchs to fite the state  

2021-12-27


Letters from an American
View In: Finance
When the Soviet Union collapsed, it was no longer an enemy, and the capitalists could focus their attention on the government.

13.  A Stock Market Crash Is Coming and Everyone Knows It  

2021-12-11


Surviving Tomorrow
View In: Finance
This is the roaring twenties and everyone’s playing hot potato with dangerously overpriced assetsContinue reading on Surviving Tomorrow »

14.  Cryptocurrencies: A Necessary Scam?  

2021-12-07


Big by Matt Stoller
View In: Finance
Yes, Web3 is a bunch of bullshit. The problem is, compared to what?

15.  This $1.6 Trillion Market Could Cease To Exist Soon  

2021-12-02


ZeroHedge News
View In: Finance
This $1.6 Trillion Market Could Cease To Exist Soon By Bloomberg Markets Live commentators Ye Xie and Amy Li By now, it’s clear that Beijing is greatly discouraging, if not completely forbidding, listings of Chinese tech companies in the U.S. What’s unclear is what Beijing will do with existing Chines...

16.  Sustainable banking is an important part of addressing climate change  

2021-11-30


Grist
View In: Finance
Sustainable banks drove a record amount of clean energy investment last year.

17.  Beijing Capitulates: Urges Local Govts To Unleash Debt Flood As Cities Begin Backstopping Property Developers  

2021-11-28


ZeroHedge News
View In: Finance
Beijing Capitulates: Urges Local Govts To Unleash Debt Flood As Cities Begin Backstopping Property Developers Despite the best efforts by South African doctors to temper the panic sparked by the emergence of the Omicron strain, it appears that western politicians and their media and “science” lackey...

18.  The Cantillon Effect: How the Federal Reserve Caused a Massive Merger Wave  

2021-09-26


Big by Matt Stoller
View In: Finance
How Fed Chair Jay Powell undermines antitrust enforcement.

19.  Public Banking Has the Potential to Truly Revolutionize Our Economy  

2021-11-06


Truth Out
View In: Finance
The public banking movement is creating an opening wedge for the transfer of finance from private to public control.