More than 100 news organizations from around the world recently released a detailed investigation into the financial corruption enabled by international banks – do Americans even care? Last weekend, BuzzFeed News, International Consortium of Investigative Journalists, and more than 100 international news organizations released the FinCEN Files investigation detailing how a plethora of international banks Read More…
Tag: finance
Worker’s Compensation in Washington State: Three Things that Everyone Must Know
Being in the workplace comes with inherent risks to all employees, though the level of risk depends on your job and the type of workplace. A carpenter is at a greater risk of injury at his place of work than, say, an office worker. A miner is always in danger of being a victim of Read More…
A Closer Look at the Small-Ticket Equipment Finance Market
According to the late 2018 accounts of the Equipment Leasing and Finance Association or ELFA, about a third of the approximately one-trillion-dollar equipment finance/leasing market in the United States is from small-ticket financing efforts. This segment of the market is called ‘small ticket’ because transactions cost $25,000 to $250,000 each. With that, it is worth Read More…
Banksters HATE The Free Market
It’s no secret that governments hate the free market. At its base, every single government tax, license, regulation and restriction is an implicit rebuke of the idea that humans should be able to interact freely with those around them. This is old news to my long-term readers, but it bears repeating because many have been Read More…
This Time Is Different – The Beginning Of The Great Collapse
The largest asset bubble in the history of our planet is approaching the end of its lifespan, but that’s just the opening act. This time is different. Few imagined how far the Fed would go to reinflate the economy in the wake of the 2009 crisis. It started with TARP, then “quantitative easing” QE1, QE2, Read More…
Global Banking Stocks Are Crashing Hard – Just Like They Did In 2008
“Fortress balance sheets?”… “It’s different this time”… “Greatest economy ever.” If all of that is true, then why are the stocks of the most systemically important banks in the world collapsing? And the banking collapse is leading global stocks lower – probably not coincidentally as global central bank balance sheets contract… As The Economic Collapse blog’s Read More…