WarMachines.com

Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!


WarMachines.com

Archives by tag

Proposed Legislation: Fannie And Freddie Are Here To Stay – There Is No Alternative

Since the US government nationalized the two GSEs in 2008 in a $187 billion bailout of the mortgage giants, there have been consistent calls for them to be wound down and for the private sector to fill the void. As we discussed, this view is, or was, shared by new Fed Chairman, Jay Powell. Mr. […]


Paul Craig Roberts Rages Against Trump’s National Security Speech

Authored by Paul Craig Roberts, What do we make of Trump’s national security speech? First of all, it is the military/security complex’s speech, and it is inconsistent with Trump’s intention of normalizing relations with Russia. The military/security complex, using Trump’s position as President, has defined Russia and China as “revisionist powers,” Washington’s rivals who seek […]


Stop Treating Bitcoin Like A Stock

Authored by Jordan Stephens via Hackernoon.com, It’s not. I don’t know about you, but I’ve never felt so compelled to drink in my life than the past week watching Bitcoin. It’s like watching a paper airplane bounce in the wind that could either nosedive any moment or catch another swift gust upward. I get it. […]


This Time Is Different – Part II: What Bitcoin Really Is

Authored by Mark Jeftovic via Medium.com, To me and many others, bitcoin is not a technical revolution as much as it is a triumph of political and economic incentives. -Two Bit Idiot   “Systems like Ethereum (and Bitcoin and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms?—?decentralized, jurisdictionless entities that exist […]


Chinese Banks Push Back On Shadow Banking Regulations – Expose “Catch-22” For Financial System

In November, we discussed how the post-Party Congress measures to deleverage and crackdown on the worst abuses in China’s credit bubble took an important step forward with the announcement of a new era of regulation for China’s $15 trillion shadow banking and asset management industry. See "A New Era In Chinese Regulation Means Turmoil For […]


HSBC Shares Surge As US DoJ Removes “Sword Of Damocles” On Money Laundering

On Monday, HSBC announced its deferred prosecution agreement with the US Department of Justice (DoJ) had expired, removing the threat of criminal prosecution for money laundering which had been hanging over the company for five years. From the Financial Times. The US Department of Justice has given HSBC a major boost by seeking dismissal of […]


Bitcoin’s ‘Message’ & Tax Reform’s ‘Hidden Agenda’

Authored by James Howard Kunstler via Kunstler.com, The hidden agenda in the so-called tax reform bill is to act as stop-gap quantitative easing to plug the “liquidity” hole that is opening up as the Federal Reserve (America’s central bank) makes a few gestures to winding down its balance sheet and “normalizing” interest rates. Thus, the […]


“My Crazy $17,000 Target For Bitcoin Is Looking Less Crazy”

Authored by Charles Hugh Smith via OfTwoMinds blog, The basis of this admittedly crazy forecast was simple: capital flows. image courtesy of CoinTelegraph I think we can all agree that bitcoin (BTC) is "interesting." One of the primary reason that bitcoin (and cryptocurrency in general) is interesting is that nobody knows what will happen going […]


Frontrunning: November 22

Uber Is Facing Yet Another Irate UK Watchdog (BBG) Oil Is Heading Towards a Two-Year High (BBG) Regulators to press Uber after it admits covering up data breach (Reuters) FOMO Fails to Drive European Stocks While Rest of World Parties (BBG) Putin Hosts Assad in Sochi Ahead of Syria Summit (WSJ) UK Sets Aside Extra […]


ECB Proposes End To Deposit Protection

Submitted by GoldCore It is the 'opinion of the European Central Bank' that the deposit protection scheme is no longer necessary: 'covered deposits and claims under investor compensation schemes should be replaced by limited discretionary exemptions to be granted by the competent authority in order to retain a degree of flexibility.' To translate the legalese jargon of the […]


Einhorn: “None Of The Problems From The Financial Crisis Have Been Solved”

A month ago, a downbeat David Einhorn exclaimed "will this market cycle never turn?" Despite solid Q3 performance, Einhorn admitted that "the market remains very challenging for value investing strategies, as growth stocks have continued to outperform value stocks. The persistence of this dynamic leads to questions regarding whether value investing is a viable strategy. […]


Watch Live: President Trump Announces Jerome ‘Jay’ Powell As Fed Chair

Having been leaked to most major news organizations last night, President Trump is fully expected to announce that Fed governor Jerome "Jay" Powell is Janet Yellen's replacement as the next bank-friendly Fed chair. Live Feed (due to begin at 1500ET)… Jerome Powell will be the first former investment banker to become Fed Chair (and first […]


President Trump Announces Jerome ‘Jay’ Powell As Fed Chair

Having been leaked to most major news organizations last night, President Trump is fully expected to announce that Fed governor Jerome "Jay" Powell is Janet Yellen's replacement as the next bank-friendly Fed chair. Live Feed (due to begin at 1500ET)… Jerome Powell will be the first former investment banker to become Fed Chair (and first […]


Meet New Fed Chair Jerome Powell, In His Own Words

It’s official: according to most news sources, tomorrow Trump will announce that Fed governor Jerome “Jay” Powell is Janet Yellen’s replacement as the next bank-friendly Fed chair. Since Powell has served as Federal Reserve governor for the past five years, starting May 2012, he has had ample opportunities to express his views about the policies […]


Trump Picks Powell To Be Next Fed Chair

According to The Wall Street Journal, President Trump has picked Jerome Powell to be the next Federal Reserve Chair. The White House has notified Federal Reserve governor Jerome Powell that President Donald Trump intends to nominate him as the next chairman of the central bank, according to a person familiar with the matter. The president […]