Midtown Manhattan Bank Runs Out Of $100 Bills Amid Corona Panic

With the stock market plummeting as the realities of the COVID-19 outbreak sink in, nervous New Yorkers flooded a Midtown Manhattan Bank of America – taking out large sums of cash into the tens of thousands of dollars at a time. So much so, in fact, that the branch at 52nd St. and Park Avenue ran…

Read More

STAGGERING GLOBAL DEBT OF $253 TRILLION IS A DISASTER WAITING TO HAPPEN

Global debt has reached a staggering $253 trillion. This is a disaster waiting to happen, as the world’s total debt surged by some $9 trillion in the first three quarters of 2019, according to data from the Institute of International Finance. That’s a terrifying  322% of its GDP; and a record high. As Axios points out, in times…

Read More

Chasing Apple Shares Higher Here “Is Extremely Dangerous”

Greed is responsible for much sorrow. The Bible says in 1 Timothy 6:10, “the love of money is the root of all kinds of evil.” But is greed only about money? No. Greed goes much further than money… What is greed exactly then? What does God or the Bible have to say about it? Greed is a spiritual…

Read More

Will Modern Monetary Theory Blow Up The Dollar?

“As long as the government can print money, we’ll never be broke.” That’s the idea behind modern monetary theory (MMT) in a nutshell. Naturally, many of the nuts in Washington are starting to get behind this unhinged notion. That includes members of Congress such as Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Democratic presidential candidate Sen. Elizabeth Warren (D-Mass.). An Economic Absurdity…

Read More

Krieger: “It’s A Systemic Looting On A Massive Scale”

The United States has historically bragged about its free and transparent markets. But what the Fed is doing today is pulling a dark curtain around the financing of this so-called free and transparent market. The public has no idea which Wall Street firms have received this $3 trillion or why they can’t borrow it elsewhere.…

Read More