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Trends This Week – Trump presidency a flop – 04.26.17

President Donald Trump has truly gone from businessman to politician as he’s fallen short on nearly every promise he made when campaigning. Under Trump, global forecaster Gerald Celente sees the rich getting richer and more war ensuing. Meanwhile, Celente also forecasts a major correction in the markets following the Trump stock market rally. Download this episode (right click and save)

Charles Hugh Smith – A Psychiatric Diagnosis of the U.S. Market: Schizophrenic Disconnect From Reality

If you think a delusional market is healthy, it’s time for a psychiatric exam. What diagnosis would an experienced psychiatrist offer when presented with the bizarre behavior of the U.S. stock market? We assume that the wild mood swings of greed and fear are “normal” for markets devoted to short-term profit and speculation, but the stock market’s disconnect from reality is …

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Pam Martens and Russ Martens – The Untold Story of 9/11: Bailing Out Alan Greenspan’s Legacy

Today marks the 15th Anniversary of the tragic events of September 11, 2001 and yet the American public remains in the dark about critical details of hundreds of billions of dollars of financial dealings by the Federal Reserve in the days, weeks and months that followed 9/11. What has also been lost in the official 9/11 Commission Report, Congressional hearings and …

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Alternative Visions – Europe’s Central Bank Expands Its QE in Response to Japan’s – 03.11.16

Last month the Bank of Japan (BoJ) expanded its QE program and negative interest rates (NIRP) in a desperate attempt to reboost its stock market and Yen exchange rate. This past week the European Central Bank (ECB)went a step further, as both the ECB and BoJ continue to engage in ‘dueling QEs’ that are intensifying global currency wars and slowing global trade. ECB chairman, Mario Draghi, lowered the Eurozone’s negative rate on government bonds another notch, now to -0.4%. Reportedly half of all government bonds in Europe now trade at negative rates. In addition, the ECB raised its monthly buying amount from $66 billion to $88 billion, and now will buy corporate bonds as well. The move subsidizes Euro corporations, lowering their costs of borrowing and insurance (CDS) on bonds, a move to offload the $1.5 trillion in corporate non-performing loans in Europe. Jack Rasmus explains why this won’t have any effect on the Eurozone real economy but will temporary boost stocks and currency. Jack also reviews why global oil prices have risen recently to $40 a barrel, Japan’s official return to recession after doctoring GDP numbers last 3Q2015, China’s latest ‘mini-stimulus’, the US deepening control of Ukraine’s economy, and the significance of the ‘Socialist’ government in France new attack on eliminating the 35 hr. workweek, where 90% of all jobs created in 2015 were part time and temp, and the mass protests now emerging there. Jack concludes with brief introduction to his forthcoming May 2016 book, ‘Looting Greece: The Emergence of a New Imperialism’, and his next book out October 2016 entitled, ‘Central Bankers on the Ropes’, both from Clarity Press. (see his blog, jackrasmus.com and Clarity Press for more information).

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China’s Stock Market Falls, a New Global Financial Crisis Next? – Jack Rasmus

China’s two main stock markets, the Shanghai and the Shenzhen Exchanges, plunged more than 30% in recent weeks from their previous record highs of June 12. The Shanghai dropped 30%, and the tech-stock heavy Shenzhen by 37%. That’s the steepest stock decline in China since 1992. The markets briefly stabilized on July 9. But the question remains, will they continue …

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Economic Update – Higher Education in Crisis – 06.14.15

Updates analyze unemployment numbers to show what they hide as well as reveal. Responses to listeners’ questions expose the economics of lotteries and why the largest US corporations have recently used their profits to buy back their shares in the stock markets. An in-depth interview of Prof. Sohnya Sayres explores the end of free college and universities in the US, the rise of administrators dominating students and faculty, and what these trends have meant for the quality of higher education in the US.