World-News

Does the Financial System need New Guard Rails?

By Mike Whitney

Confidence is flagging because unemployment is high. And unemployment is high because demand is weak. That means that the money that should be going to people who will generate more economic activity, is actually going to prop up lending institutions that don't lend and banks that operate as casinos.

http://www.informationclearinghouse.info/article24923.htm



Our World Balances on a Sea of Debt

By Darius Guppy

The banks that control the world's supply of money are no better than counterfeiters - and their system of juggling debt has left the global economy teetering on the brink of ruin. Convicted fraudster Darius Guppy offers a provocative personal view.

http://www.informationclearinghouse.info/article24925.htm



Stiglitz, Nobel Prize-Winning Economist, Says Federal Reserve System 'Corrupt'

By Shahien Nasiripour

One of the world's leading economists said Wednesday that the very structure of the Federal Reserve system is so fraught with conflicts that it's "corrupt."

http://www.informationclearinghouse.info/article24929.htm



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