LATEST NEWS: Savings accounts are at risk as long as JP Morgan CEO gets everything he wants

If you want to understand what’s wrong with the US financial system, start by asking this question: why does Jamie Dimon always get his way? Dimon is the charismatic chief executive of the nation’s biggest bank, JP Morgan. JP Morgan has $2.5tn in assets and holds more than 10% of all the savings deposits in […]

Continue reading

LATESt NEWS : Paul Singer: This threat is 'head-and-shoulders' above all others

Billionaire hedge fund manager Paul Singer has issued an unusual warning for investors, calling the threat of a widespread blackout from an electromagnetic surge the “most significant danger” in the world. continue reading at cnbc.com

Continue reading

The IMF knows that the Fed is playing with fire in emerging markets

“Listen to the IMF’s Christine Lagarde very carefully. While the US Federal Reserve has as a parochial “closed economy” view – and made a series of grave blunders over the last six years as a result – her job is to look at the entire world, and she does not like what she sees. She […]

Continue reading