Monday, May 23, 2016

Nomi Prins*: Central Banks
Are Getting Desperate To Keep
The Markets & Economy From Crashing
"Consider the desperate measures the four most powerful central banks have taken this year to push their artisanal money policies to the limit, keeping markets, banks and (in their minds only) economies afloat through artificial manipulation, stimulation and value fabrication. This year’s central-bank interventions have exhibited more of a bipolarity than ever before. Speeches indicate one view one minute, another the next. What is said publicly for global consumption and privately for national intake varies. Infighting is escalating within their hallowed walls at monetary-policy meetings. The Federal Reserve is trying to keep it all together, but cracks in the façade of the stability it is selling are growing wider and appearing with greater frequency. Volatility can be contained intermittently, not forever."
LINK HERE to the essay

1 comment:

Anonymous said...

A Harvard MBA Guy Is Out to Bring Down the Clintons By Pam Martens and Russ Martens: May 23, 2016

In a 9-page letter dated yesterday and posted to his blog, Ortel calls the Clintons’ charity the “largest unprosecuted charity fraud ever attempted,” adding for good measure that the Clinton Foundation is part of an “international charity fraud network whose entire cumulative scale (counting inflows and outflows) approaches and may even exceed $100 billion, measured from 1997 forward.” Ortel lists 40 potential areas of fraud or wrongdoing that he plans to expose over the coming days.

Like Markopolos, Ortel has an impressive resume. Ortel’s LinkedIn profile shows that he received his B.A. from Yale and an MBA from Harvard Business School. He previously worked as a Managing Director at investment bank Dillon Read and later as a Managing Director at the financial research firm, Newport Value Partners. In more recent years, Ortel has been a contributor to a number of news outlets including the Washington Times and

The charges being made by Ortel are difficult to dismiss as a flight of fancy because mainstream media has tinkered around the edges of precisely what Ortel is now calling out in copious detail.