7th November, 2018
The party is over—prepare emergency program!
Jesse Colombo, the American financial advisor who coined
the term "everything bubble" and had warned of a crash before
the 2008 global financial crisis (GFC), is now alerting
people that today's even bigger bubble is about to burst. From
the US stock market bubble, the housing market, corporate
debt, leveraged loans, auto loans and energy junk bonds, to
emerging-market currency crises, derivatives and hyperinflated
debt, the everything bubble is a truly worldwide phenomenon,
which is outside of the control of any central bank
or government. Unprecedented collusion between the world's
central banks to save the system, exposed by former investment
banker Nomi Prins in Collusion: How Central Bankers
Rigged the World, has made the crisis worse. Colombo
showed various gauges, ratios and measures indicating similar
warning signals as prior to previous major crises in a YouTube
video, "Why the stock market is heading for disaster".
Articles include the following:
- Reappointment of APRA boss an attempt to pervert the course of justice
- NAB perfidy in rural lending: the Priestley case
- ABC Four Corners reveals glimpse of Windsor Inc. crimes
- Morrison re-commits Australia to US military hegemony, confrontation with China
- Sydney academic shreds anti-China scaremongering
- Chiang Mai Initiative expanded to tackle new financial crisis
- The Fed stokes 'Bancomania'
- Bancomania produces 'fog wealth'
- New revelations of British entrapment of Trump
- Victoria defies intelligence establishment by joining China's BRI
Click here for more...
9th November, 2018
Banks tell Royal Commission: Don’t you change us—or else!
The banking royal commission is almost complete, and despite having barely touched the sides it has exposed that the banks previously touted as the best in the world, and wonderfully regulated, are in fact vast criminal enterprises which make their enormous profits from defrauding and gouging their customers.
So what do the banks, the regulators, and the officials in the Morrison government who have been so badly exposed by this process intend to do about it?
Effectively … NOTHING!
The Australian people must not let them get away with this! Contact your MPs and Senators to demand they do their job and insist on the government committing to real change from this royal commission.
Here’s the response so far:
The Australian Prudential Regulation Authority (APRA), the bank regulator, in its submission to Commissioner Kenneth Hayne’s Interim Report completely ignored his most important question: “Is structural change necessary?” APRA is acting like a disgraced regulator which knows it will get away with its cover-ups of the banks’ misconduct, because the government has no intention of forcing real change.
Print latest media releases as flyers (A4 PDF)
Radio interviews with CEC Leaders