China's Hidden Debt Bubble
One can foresee major governmental and cultural changes. In a drive to collect taxes, governments may go cashless so they can track all transactions, which will lead to a total abridgment of privacy and liberty. Count on it, health care will be pulled from the sickly and the poor. Who can afford it?
"The Fed, as the central financial instrument of the corporate-financial elite, is concerned above all with preventing a surge in wages as the labor market tightens and workers feel themselves in a stronger position to resume their struggle for better wages and working conditions. The explosive growth of stock prices and corporate profits over the past several decades, and the record increase in the ratio of corporate profits to labor income over this period, have depended on a relentless offensive against the working class, carried out by the entire political establishment, Democratic no less than Republican."
Concerns grow over Fed interest rate policy
4 July 2017
On behalf of bankster-owned Barack Obama, Yellen vows to the rich and crony banksters that they will be protected and subsidized with no strings bailouts during the next looming economic meltdown around the corner from elections.
5 July 2017