Wolfstreet, Released on 8/16/20 Over 30 million people lost their jobs between mid-March and mid-May, while the wealth of America’s 600+ billionaires ballooned by $434 billion. How did this happen? Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds […]
Ron Paul, Institute for Peace and Prosperity, Released on 7/13/20 Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that the Federal Reserve’s policies create economic inequality. Unfortunately for Powell, Daly, and other Fed promoters, a cursory look at the Fed’s operations shows that the central bank is the […]
The Atlantis Report, Released on 7/2/20 “This is the generation of disappointments.” Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February […]
Wolfstreet, Released on 6/7/20 What’s so insidious about the Fed’s bailouts of investors in hedge funds, stocks, bonds, leveraged loans, and other often risky assets in a crisis? The destruction of capitalism. Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, […]
Yahoo Finance, Released on 6/5/20 Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world’s largest bond funds in the world. Dr. El-Erian also served as a member of the faculty […]
Wealth Research Group, Released on 6/4/20 Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows […]
ITM Trading, Released on 1/30/20 Slides and Sources: https://www.itmtrading.com/blog/time-… A recent IMF survey of 17 advanced economies looked at every financial crisis between 1870 through 2013 and found that there is “a strong link between inequality and financial stability.” In 1971 the average wage was $9,870. In 2019 the average was $48,672 according to the […]
Wolfstreet, Released on 1/26/20 Student enrollment has dropped 11% since 2011 while student-loan balances have surged 74%. Why? Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT […]
