#Financial system

Authored by Nomi Prins via The Daily Reckoning, Few people know financial markets’ biggest secret... For the last 40 years, most people believed the stock market always goes up. Simply buy and hold long enough, the theory went, and you could sit back and watch the money accumulate in your

The post-Party Congress attempts to deleverage and crack down on the worst abuses in China’s horrific credit bubble - especially the country's $15 trillion in wealth-management products - saw China’s authorities turn their sights on shadow banking and wealth management products (WMPs) specifically.

By EconMatters We discuss how Central Banks got their wish of total power dominance in modern finance, and how in the process they destroyed capitalism and financial markets. It is funny when strategists come on and talk about market targets as if asset prices would be anywhere near these