Archive for the ‘Economics’ Category

The Fall of Lehman Brothers

On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies.

The filing marked the largest bankruptcy in U.S. history.

The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building.

Posted by Sara on January 12th, 2011 No Comments

America’s Bankrupt Banks (Inside the Meltdown)

On Thursday, Sept. 18, 2008, the astonished leadership with the U.S. Congress was told inside a private session through the chairman of the Federal Reserve that the American financial system was in grave hazard of a complete meltdown inside a matter of days. There was actually a pause in that room exactly where the oxygen left, says Sen. Christopher Dodd (D-Conn.)

As the housing bubble burst and trillions of dollars’ well worth of toxic mortgages started to go poor in 2007, dread spread by means of the enormous firms that form the coronary heart of Wall Road. Through the spring of 2008, burdened by billions of bucks of poor mortgages, the investment bank Bear Stearns was the subject of rumors that it could quickly fail.

Posted by Sara on January 12th, 2011 No Comments

Commanding Heights: The Battle for the World Economy

A global economy, energized by technological alter and unprecedented flows of men and women and money, collapses inside the wake of the terrorist attack. The 12 months is 1914.

Globally war outcomes, exhausting the assets on the excellent powers and convincing several the economic method itself is to blame.

Through the ashes of the catastrophe, an intellectual and political struggle ignites between the powers of government along with the forces of your marketplace, each determined to reinvent the world’s economic order.

Posted by Sara on December 13th, 2010 No Comments

Quants: The Alchemists of Wall Street

Quants are the math wizards and personal computer programmers inside the engine room of our international financial program who designed the economic merchandise that nearly crashed Wall st.

The credit score crunch has proven how the world monetary system has become more and more dependent on mathematical designs attempting to quantify human (financial) behavior.

Now the quants are on the heart of but another technological revolution in finance: buying and selling at the velocity of gentle.

Posted by Sara on November 28th, 2010 No Comments

End of Liberty

End of Liberty exposes from a real life perspective how the U.S. is headed for a complete societal collapse. All Americans are now experiencing countless warning signs on a daily basis that a societal collapse is near.

Unfortunately, most Americans don’t understand the significance of these warning signs.

Each warning sign by itself doesn’t appear to have lots of meaning, but together these warning signs present a extremely detailed picture of the current state of the U.S. economy and where this country is soon headed.

Posted by Sara on November 19th, 2010 No Comments

Overdose: The Next Financial Crisis

Once the world’s economic bubble blew, the answer was to reduced curiosity prices and pump trillions of bucks to the sick banking method. “The answer will be the trouble, that is why we had a trouble inside the very first place”. For Economics Nobel laureate Vernon Smith, the Catch 22 is self-evident. But curiosity prices are already at rock bottom for a long time, and governments are working from fuel to feed the economic climate. “The governments can conserve the banks, but who can conserve the governments?” Forecasts predict all countries’ financial debt will attain 100% of GDP by subsequent 12 months. Greece and Iceland have by now crumbled, who might be subsequent?

The storm that may rock the globe, started brewing inside the US when congress pushed the notion of property possession for all, propping up those that couldn’t make the down payments. The Marketplace even coined a expression, NINA loans: “No Earnings, No Property, No Trouble!” Enter FannieMae and FreddieMac, privately owned, authorities sponsored. “Want that getaway? Wanna obtain some new garments? Use your home like a piggie financial institution!” Why make dollars to shell out for the property whenever you could make dollars just dwelling in it? With all the authorities covering all losses, you’d are already a idiot to not borrow.

Posted by Sara on November 19th, 2010 No Comments

The Secret of Oz

In 1996, inside a documentary known as The Funds Masters, we asked the query why is America heading broke. It wasn’t clear then that we had been, but it’s right now. Now the query is how can we get from this mess. Foreclosures are all over the place, unemployment is skyrocketing – and this can be only the starting. America’s financial system is on the lengthy, slippery slope from right here on. The bubble experience of financial debt has arrive to an finish.

What can authorities do? The unhappy solution is – below the present financial programabsolutely nothing. It is not heading to obtain far better till the foundation of your dilemma is understood and addressed. There is not sufficient stimulus funds within the whole globe to obtain us from this gap. Why? Financial debt. The nationwide financial debt is similar to our purchaser financial debtit is the curiosity that is killing us.

Posted by Sara on November 19th, 2010 No Comments

MeltUp: The Beginning Of A US Currency Crisis And Hyperinflation

The documentary proves through facts and statistics how hyperinflation inside the U.S. is now inevitable and how Americans could quickly see the end of entitlement programs they’ve turn out to be dependent on to live and survive.

Meltup features Gerald Celente, Peter Schiff, Ron Paul, Marc Faber, Jim Rogers, Tom Woods, and others.

NIA believes Meltup is the most crucial economic documentary actually made in globe historical past and a must see for you personally, your friends, and family members members.

Posted by Sara on August 12th, 2010 No Comments

Maxed Out

Per its title, James D. Scurlock’s virulently angry muckraking documentary Maxed Out examines the many problems associated with escalating U.S. consumer debt. Scurlock places his weightiest emphasis on the ends of the spectrum rooted in extreme evil (read: abuse) – such as the capital lenders who wheedle poor farm families into assuming unmanageable loans and college students into placing massive amounts on credit cards.

He also touches on the end rooted in extreme tragedy, such as the debtors who sink so far in over their heads that suicide represents the only conceivable out.

The film’s many interviewees include: Harvard University financial analyst Elizabeth Warren (who pontificates on the lucrativeness of high-interest mortgage banking) and born-again Christian radio host Dave Ramsey, who offers difficult, on-air advice to the fiscally burdened by drawing on his own experiences as a debtor.

Posted by Sarah on May 15th, 2010 No Comments

Money, Banking, and The Federal Reserve System

Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, this extraordinary new film is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.

Alan Greenspan is not, we’re told, happy about this 42-minute blockbuster. Watch it, and you’ll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie could change America

Posted by Sarah on May 15th, 2010 No Comments