Collateral Damage: QE3 and the Shadow Banking System

Jay OwenReforming Global Finance

  by Ellen Brown Rather than expanding the money supply, quantitative easing (QE) has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit. The “failure” of QE has prompted the Bank for International Settlements to urge the Fed to shirk …

Good-b Brings News and Views of Occupy Wall Street

kristyReforming Global Finance

Occupy Wall Street: What Are They So Angry About? Good-b CEO Monika Mitchell spent 11 years as a senior partner in a Wall Street recruiting firm specializing in institutional debt markets including the ill-fated mortgage-backed securities industry. Those years combined with her current role as a leader for socially responsible …

Why QE2 Failed: The Money All Went Offshore

kristyTV Series

Why QE2 Failed: The Money All Went Offshore Ellen Brown July 8, 2011 http://WebofDebt.com/articles On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got …

Energy & Capital: Conventional Economic Forecast But With Some Good Insights

kristyTrendspotting

The G20’s Wall of Doom: Five Trends for Q4 By Christian A. DeHaemer | Friday, October 22nd, 2010 As I write this, the preliminary meeting for the Group of 20 largest economies is taking place. U.S. Treasury Secretary Tim Geithner wants to force the Chinese to inflate the yuan to …