Tag Archives: subprime

WARNING: European fund managers, having lost your shirts in US subprime, are seeking to destroy the remainder of your savings in the Australian property market!!

Posted on June 16, 2010 by maxkeiser| 168 Comments

A huge portion of toxic US subprime mortgages blew up in the savings and pension funds of Europe, be warned that if you have anything left, it appears that European fund managers are apparently diving, or trying to dive, into the Australian property market . . . because prices rose 20% in the past year. Read Steve Keen’s extensive work on the state of the property bubble in Australia. In a casino-gulag economy, your savings are constantly in danger from toxic financial weapons and exploding ponzi schemes.

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Posted in Headlines

Tagged european fund managers, savings as toxic dump, subprime

Subprime Goes Hollywood

Posted on April 10, 2010 by stacyherbert| 31 Comments

Stacy Summary: More on the HSX/CantorX story.

Subprime Goes Hollywood (Mother Jones)

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Posted in Headlines

Tagged hollywood, subprime

The Fed won’t get out of bed for less than $9 trillion; while Goldman acquires divine rights for chump change

Posted on May 12, 2009 by stacyherbert| 33 Comments

Stacy Summary: Oh please stop asking the financial aristocracy such crass questions about money. It’s just so beneath their station. The financial oligarchy are really making their moves in today’s headlines. Do you think we will ever know which oligarchs got the $9 trillion? And will the people ever see it back? The Russian people never saw the return of any of their looted wealth, so I doubt the American people will either.