QE is back on! Don't let central bank insanity rule
"The central bank incarnation of Albert Einstein's definition of insanity? Rinse. Repeat. And expect a different outcome", former Wall Street banker and Glass-Steagall banking separation advocate Nomi Prins tweeted on 10 March.
Real Investment Advice asked the obvious question:
"What do central bankers know that you don't?", reporting
like many other outlets that Quantitative Easing (QE) is back
on, worldwide. In an 8 March speech US Federal Reserve
Chairman Jay Powell revealed that the Fed Open Market
Committee "has adopted a patient, wait-and-see approach
to considering any alteration in the stance of policy"; in
other words, they are going to stay put for the time being.
Articles include the following:
- An Australian housing and economic bust is reality—time to act
- Former ANZ director espouses benefits of bank separation
- Canberra's Huawei ban an act of economic self-sabotage
- CLOs—the definition of derivatives insanity
- Italy demands EU abolish 'bail-in' rules
- Banks and derivatives prioritised in Brexit negotiations
- How reforming Wall Street failed so miserably under Obama
- If Italy joins the Belt and Road, where will it end?
- Not China's debt trap
- OPCW Douma report does not implicate Syrian government in 'gas attack'
- Trumpgate, Mueller and the 2020 election
- Australia experienced 'bail-in' once—it was a disaster
- ALMANAC: North Queensland water development potential
Click here for more...
20th March, 2018
Yes, Australia could trigger next global financial crisis!
A stunning report on news.com.au has echoed what the Citizens Electoral Council has long warned: there is a growing threat that Australia could set off the next global banking meltdown.
Click here to go to “Australia could be ‘first domino to fall’ in next GFC”.
Under the headline “Australia could be ‘first domino to fall’ in next GFC”, Frank Chung, the finance editor at news.com.au, reported on the analysis of outspoken economist John Adams, who is known for warning of impending “economic Armageddon”; expert banking and real estate analyst Martin North, the principal of Digital Finance Analytics, who runs a detailed model of the housing market; and Irish financial expert Eddie Hobbs, who warned of, and lived through, the 2008 collapse of the Irish property bubble.
The article has sparked a furious backlash from establishment economists, which has led to John Adams accepting a challenge for a live television debate with financial economist and fund manager Christopher Joye.
(The debate is scheduled for Monday, 25 March at 7:30 PM on the Sky News channel 601 “Your Money” and free-to-air channel 95, and live-streamed online at https://www.yourmoney.com.au/watch/live/)
Print latest media releases as flyers (A4 PDF)
Radio interviews with CEC Leaders