#Financialsystem

[cultureofresistance]

I don’t mind if you re-blog this listing. Save yourself the wear and tear on your karma and do me the favor of including http://americankabuki.blogspot.com in your reposting. Thanks to all who have caught minor errors. Special thank to Gabriel at Facebook Global Mass Resignations for some resignations I did not find in my searches.

>>> READ LIST <<<

Addendum by American Kabuki:

It is not known under what circumstances these individuals have left their positions, I make no judgement on that. I find the timing of so many resignations extremely curious and a temporal marker in history of high significance. No one should assume I make any judgement about the character of these people. I frankly don’t know their reputations except for a few rather famous ones.

This list includes Banks, Investment Houses, Sovereign Wealth Funds, Equity Funds, Savings Retirement Funds and other shadow banking organizations. The line is very blurry between these entities, some are owned by banks some are banks, some invest in banks as well as owning entire industries (common in Hong Kong and Japan).

Note Anonymiss Express:

[bitcoinmastersclub-blog]

. . 🇺🇸 Niall Ferguson Tells Bank of England Bitcoin Is Financial System of the Future - Central bankers are being warned by researchers that the crypto revolution will overtake the system they are in-charge of preserving. Recently, British economic historian and author Niall Ferguson told the … read more . 🌍 https://news.bitcoin.com/niall-ferguson-tells-bank-of-england-bitcoin-is-financial-system-of-the-future . . 🇩🇪 Niall Ferguson sagt der Bank of England Bitcoin ist das Finanzsystem der Zukunft . . 🇮🇹 Niall Ferguson dice alla Bank of England Bitcoin è il sistema finanziario del futuro . . 🌍 www.bitcoin-masters.club . 💬 bit.ly/bitcoinmasterschat . #️⃣ #bitcoinmastersclub . . #investment #invest #financialfreedom #bitcoin #etc #btc #investor #cryptocurrency #dash #ripple #blockchain #mining #ethereum #crypto #investors #entrepreneur #krypto #finanziellefreiheit #kryptowährung #investition #investimento #cripto #investimenti #libertafinanziaria #criptovaluta #criptovalute #niallferguson #financialsystem #future

[ladookhotnikov]

Decentralized exchanges as an alternative to the central bank

Imagine you have a digital wallet that you connect to a decentralized exchange. Your cryptocurrency assets are not stored on servers, but they remain with you, under your complete control.

Neither the exchange nor any government agencies can freeze or restrict access to your funds, because they simply do not have this ability.

Naturally, DEX exchanges are receiving increased interest from large holders and retailers. After all, they do not store user assets in their systems, but act only as an intermediary between market participants. This means that neither developers nor government agencies can freeze funds in user accounts or impose other restrictions.

Read more about decentralized exchanges in my article.

[joselyndumas]

Today is the INTERNATIONAL DAY OF BANKS - 4th December Our sincere #gratitude to all bankers on this #InternationalDayOfBanks! We would like to thank you for your constant & steadfast support in helping Ghana’s #FinancialSystem and #EconomicGrowth And thank you for choosing #SCMobile from @stanchartgh #2020InternationalDayofBanks #InternationalBankDay #DayOfBank #BankDay #Finance #Banks #Banking #StandardCharteredBank #StanChartGhana Ref: #UN ______________________________ At #JoselynDumasFoundation (Formerly known as #JCDFoundation ), it is our commitment to support existing efforts at enhancing the lives of #Children of #Ghana and Africa at large. Led by @Joselyn_Dumas with a vision to reach out through educational partnerships geared towards #EveryChild A responsibility and contribution towards making a great and strong haven for the future of #NeedyChildren for #EveryChildMatters (Visit our website in bio for more information) #JoselynDumas ViolenceAgainstChildren ChildAbuse ChildrenHealthCare #ChildrenEducation ChildrenSafety #ChildDevelopment ChildrenInNeed ChildSocialCare ChildProtection ChildrensRights #EndPoverty YouthEmpowerment WomenEmpowerment GirlChildEmpowerment BoyChildEmpowerment ClimateChange EmbracingPossibilities JDFoundation RightsOfTheChild RightsOfChildren #Education https://www.instagram.com/p/CIYOOAfJHBG/?igshid=15dmdo5i02t5i

[thewallstreetexecutive]

Beware The Financial-Political Complex

When President Eisenhower left office in 1961 his parting message to the nation included an admonition not to allow the “military industrial complex” to “endanger our liberties and democratic process.” In essence, he warned that military contractors had become so chummy with congress and the Pentagon that “the potential for a disastrous rise of misplaced power exists.”

We now face a much more dangerous power grab that could actually melt down the entire financial system of the country if it isn’t brought under control. I refer of course to the still growing power and influence of the financial industry.

Source: Forbes

[farademetre]

How Would a New BRICS Currency Affect the US Dollar?

The BRICS nations are actively discussing the creation of a new reserve currency as part of efforts to decrease dependence on the US dollar and transform the global financial system.

[manoasha]

Alexander Hamilton: Founding Father Extraordinaire 🇺🇸📜

Early Life and Background: Born on January 11, 1755 (or 1757) in the Caribbean, Alexander Hamilton’s childhood was marked by adversity. Orphaned early, he showed exceptional intelligence and determination. 🌍👶 Significant Achievements: Alexander Hamilton’s impact on American history is profound. As one of the Founding Fathers, he played a key role in shaping the U.S. Constitution and establishing…

[tipco613]

New Post has been published on http://cryptonewsuniverse.com/the-rigged-financial-system-how-the-common-man-is-being-left-behind/

The Rigged Financial System: How the Common Man is Being Left Behind

The Rigged Financial System: How the ‘Common Man’ is Being Left Behind

The financial system, often seen as the bedrock of our global economies, paints a picture of fairness and impartiality. It's the engine that allocates resources and propels economic growth. Yet, the more we delve into the inner workings of this vast mechanism, the more it becomes apparent that it is not as equitable as it seems. The financial system is rigged as corporations, governments, and people in power have trillions of dollars of debt they can't possibly pay back, leading to inflation and regulation that negatively affects us all.

The huge gap in the standard of living paints a concerning picture, further supporting the fact that this system is rigged to benefit a privileged few while leaving the majority to bear the brunt. In this article, we will embark on a journey through the dilemma of systemic flaws and inequities deeply ingrained in the financial system. The goal is to shine a light on the mechanisms that perpetuate this rigging and unveil its far-reaching consequences on society.

The rigged financial system is like a well-kept secret that everyone knows about. As we explore this complex issue, we aim to provide a clearer understanding of how these mechanisms work without drowning you in jargon. It's a story that affects us all, and it's time we uncover the layers of complexity and injustice that have remained in the shadows. Let's dig deeper into how this rigged financial system is leaving the common person way, way behind.

Image source: Mohawk Nation News

The Rise of Inequality

Do you ever feel like you're having a hard time keeping up with the cost of living? Well, it's not just you; the financial system is rigged, but not in the way you might think. In short, corporations, governments, and the people in power have trillions, possibly quadrillions of dollars of debt that they can't possibly pay back. They can either default and lose everything or devalue this debt through inflation and keep it under control through regulation, and to our collective detriment, they've chosen the second option.

The financial system is rigged due to debt, inflation, and manipulation by corporations and governments. Still, individuals can navigate and improve their financial situation by understanding the system and making strategic investments. The disconnect between money and currency has led to inflation and devaluation, causing financial problems for the average person who is paid in a losing currency and trying to buy valuable things. At the same time, the government manipulates the cost of borrowing money.

Opportunity is supposed to be part and parcel of everyone’s dream, right? Well, unfortunately, reality says otherwise. Buckle up because we're about to take a roller-coaster ride through the awful numbers and depressing facts. You know those heartwarming stories you occasionally hear about a poor person who made it big? Yeah, those are like finding a unicorn in a sea of whales. They're that rare. The truth is that things are getting worse on the inequality front, and not just because of uncontrollable forces like technology and globalization.

No, the most disturbing part is that the ones making it worse are the ones who are supposed to be in charge. And the grand prize for rigging the system goes to the inherited plutocracy! The very people who have benefited from the rigged system are the same ones, making it even more rigged. For instance, in the United States, in the past 40 years, the income share of the top 0.1% has more than quadrupled, while the top 1% has enjoyed an almost doubled share. Meanwhile, the bottom 90% have seen their income share decline.

Wages at the bottom have remained stagnant for about 60 years (even with inflation taken into account). It's like time froze for the working class while the elite continued to live it up. And if you thought things couldn't get worse, think again. Those with a high school education or less have actually seen their incomes fall over the past few decades, especially the poor fellas. When inequality increases, hope decreases. People start losing faith in the system, and that's when things take a dark turn.

Image source: Wikipedia

Desperation leads to increased deaths from suicide, drug overdoses, and alcohol-related causes. Now you can see why we must discuss this rigged financial system. It's true; markets don't exist in a vacuum. Rules and regulations shape them. Surprise, surprise, those rules can be designed to favor one group over another.

Market manipulation is just one of the delightful practices in which the financial sector indulges. They get away with imposing outrageous interest rates on borrowers and creating securities set up to fail. And let's not forget their love for illegal activities like insider trading. They really know how to keep things spicy, don't they? But wait, there's more, rent extraction! This fancy term refers to the withdrawal of income from the national pie that is way more than these supposed "contributors" deserve. It's like a never-ending buffet for the elite. They get to feast on public resources like oil at ridiculously low prices while the rest of us struggle to make ends meet.

The Regulatory Capture

Regulatory capture is a troubling reality in the world of finance, and we can illustrate its impact through real-life examples. Imagine a scenario where a regulatory agency, let's call it the Financial Oversight Commission (FOC), is responsible for overseeing the banking industry. The FOC is supposed to ensure that banks operate fairly and within the bounds of the law, protecting the interests of the public.

However, powerful banking lobbyists and executives have increasingly influenced the FOC over time. These individuals have deep pockets, employ well-connected influencers, and even hire former FOC employees, creating a revolving door between the regulatory agency and the very industry it's meant to regulate.

This regulatory capture results in the FOC crafting policies and regulations that favor the banks rather than safeguarding the public's interests. Let's look at a real example to understand this better: The financial crisis of 2008.

During the lead-up to the crisis, some banks engaged in risky lending practices and bundled those risky loans into complex financial products. These practices were a ticking time bomb for the financial system. One would expect a diligent regulatory agency to spot these issues and intervene before disaster strikes. However, the FOC and other regulatory bodies failed to act decisively.

Why? Because they had been influenced and captured by the very financial institutions engaging in these risky behaviors. High-powered lobbyists and industry insiders shaped regulations in ways that allowed these practices to continue unchecked. The result was a devastating financial crisis that affected millions of people worldwide, leading to job losses, foreclosures, and a massive economic downturn.

In the aftermath of the 2008 crisis, there were calls for reform and increased transparency in financial regulation. However, breaking free from the clutches of regulatory capture remains an ongoing challenge. Both policymakers and the public must be aware of these issues and work toward restoring trust and accountability in the financial regulatory system. The influence of unofficial financial regulations like ESG is increasing, surpassing official regulations, and it's coming from unaccountable international organizations. These crazy regulations make things more difficult for the ordinary person than they already are. 

Image Source: American Icons Temple

Rewriting the Economic Game

Rewriting the economic game, where the rules constantly change, the common man is left scratching his head, wondering when it will ever be his turn to win. Well, my friends, I hate to break it to you, but the game has been rigged for quite some time now. And in the land of the free and the home of the brave, it's the rich who are winning big time with the market power of corporations.

These powerhouses have always had a leg up on the little guy and girl. While other developed countries have some regulations to level the playing field, American corporations have been given free rein to run wild. Just think about it. These mega-corporations have more influence over lives than we even realize. They control the products we buy, the services we use, and the jobs we desperately cling to. And with their untamed market power, they can squeeze every last drop of profit out of us while we're left wondering how the hell we got here.

Remember the good old days when a hard day's work meant a decent paycheck and a secure future? Yeah, those days are long gone. The shift to a service-sector economy has left workers high and dry while the fat cats continue to line their pockets. You see, with the rigged rules of the game, workers have lost their bargaining power. Wages have stagnated, benefits have vanished, and job security is a thing of the past. And while we're busy trying to make ends meet, the rich keep getting richer, laughing all the way to the bank.

Here's the real kicker: This is happening because the political system is rigged. Gerrymandering, voter suppression, and the influence of money have turned democracy into a puppet show, with the rich pulling all the strings. No matter how hard we fight for change, the system is designed to keep us down. The roar of corporate dollars has drowned out the voices of the common man. And while we're left to pick up the pieces, the elite few continue to thrive, building golden towers with people’s blood, sweat, and tears.

The rewriting of the economic game has left us fighting an uphill battle with no end in sight. But fear not, for together with the rise of entrepreneurs, we can reclaim what is rightfully ours. We can demand a fair and just society where the ordinary person is no longer left behind. But until that day comes, we must continue to shine a light on the corruption and inequality that plague the world's nations. 

We must use our voices, votes, and collective power to dismantle the rigged system and build a future where everyone has a fair chance at success. The economic game may be rigged, but if history has taught us anything, it's that the common person can rise and change the rules. So, let's roll up our sleeves and get to work because a brighter future is within our reach. And together, we can make it a reality.

Considering all this, wealth is concentrated in the hands of a few, leaving the rest struggling to make ends meet. Wages at the bottom are stagnant, job losses are rising, and despair is becoming all too common. But it's not just the forces of nature that have led us to this dire situation. No, it's the laws and regulations put in place by those who hold power. The system is rigged in favor of the wealthy, with market manipulation, financial sector exploitation, and rent extraction all contributing to the growing divide.

Special favors and favorable regulations further exacerbate inequality and make it harder for the common man to get ahead. And let's not forget about the rewriting of the economic game. The market power of corporations has grown exponentially while the power of workers has dwindled. This is not an accident but a result of a rigged political system where gerrymandering, voter suppression, and the influence of money reign supreme. It's a vicious cycle where economic inequality leads to political inequality, and ‘we, the people,’ are left to suffer the consequences. It's time to fight for a fair and equitable society where everyone has a chance to thrive, not just the privileged few. Together, we can dismantle the rigged system and build a brighter future for all.

  About: Prince Ibenne. (Nigeria) Prince is passionate about helping people understand the crypto-verse through his easily digestible articles. He is an enthusiastic supporter of blockchain technology and cryptocurrency. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

[thxnews]

Britain's Bold Moves in Global Climate Change Solutions

Statement by Minister Andrew Mitchell at the UN Financing for Development High-level Dialogue.

Excellencies, Our Prime Minister, at the G20, announced that Britain will provide 2 billion dollars for the Green Climate Fund - the biggest single commitment the UK has made to help the world tackle climate change. And Britain continues to want bigger, better Multilateral Development Banks. The UK supports, in due course, a conditional capital increase for the IBRD. We have provided more than 4.5 million pounds of guarantees to enable the Multilateral Development Banks to lend more money. We are also extremely focused on sweating these Banks’ balance sheets. We have already seen an additional 200 billion dollars produced, and we want to see much more. In addition, Britain is very focused on the issues of debt. At the Summit in Paris, Britain announced Climate Resilient Debt Clauses, which we are now using, which means that countries faced with a pandemic or natural disaster have their liquidity freed up to help their citizens, rather than having to pay off capital and interest. We also want to see the G20 Common Framework used much better to help countries that need debt rescheduling. We have seen what happened recently in Zambia and Ghana and we know that that is not good enough. Our Prime Minister has also made clear that we will stand by our commitment to provide 11.6 billion pounds of international climate finance before the end of 2025/26 and play our part in the 100 billion promise that has been made. And we have recently announced that we will spend 500 million pounds on forestry programs because we know the important role they play in tackling climate change. In November, we will have a summit in London on the issues of malnutrition, food insecurity, and starvation, which I think will also make a very significant contribution. The final point I want to make is about the critical importance of all these different state funding mechanisms being able to link umbilically with the private sector, and in particular with the 60 trillion dollars we know is there of pension fund money. Many of the people who manage pension funds would want to see, subject to the necessary safeguards, this money being used as part of the common fight across the planet on tackling climate change. So, we think harnessing the role of the private sector is absolutely crucial. We hope to help explain in a government white paper from Britain later this year the future of international development. Just as BII – the British government’s development finance institution – is playing such an important role already, investing to support the delivery of the SDGs. As we look ahead to the Annual Meetings and COP28, let’s seize this moment to increase ambition, galvanize action, and find new ways to deliver a bigger, better, fairer international financial system. One that helps countries thrive on their own terms and leaves no one behind. Thank you.   Sources: THX News, Foreign, Commonwealth and Development Office & The Rt Hon Andrew Mitchell MP. Read the full article

[ladookhotnikov]

Future for Crypto? Elon Musk doesn't think so

Many argue that cryptocurrency threatens the financial system, undermines its trust, and the risks of ownership are too high. But despite this, the 10 largest corporations hold a total of more than 220 thousand coins. Why is this happening?

Elon Musk's Tesla owns over 10,000 BTC.

The fact that large corporations store significant amounts in crypto may be due to several factors. This is primarily due to portfolio diversification. Successful entrepreneurs know that "you can't keep your eggs in one basket."

Lado Okhotnikov knows better than anyone else that cryptocurrency today is an innovation that should not be run away from.

“It is natural that corporations are interested in researching and developing new solutions based on the blockchain. This is beneficial for them, since a decentralized system, coupled with high security, makes it possible to build projects that will be reliably protected from hacker attacks,” continued the thought of the founder of the Meta Force metaverse.

Technological progress cannot be ignored, because blockchain is a big technology that serves as a signal to investors that the company is following the latest trends and is ready to adapt new financial instruments.

“Every day we see more and more companies investing in crypto. Securitize acquires crypto startup Onramp. Aegis, specializing in Web3 security, has completed a multi-million dollar seed funding round. Polygon Labs and the leading Korean mobile operator SK Telecom have teamed up to develop a Web3 ecosystem,” Vladimir Okhotnikov sees only positive aspects in promoting blockchain in the global economy.

Along with it, starting from September 1, every company that is engaged in crypto investment in the UK will have to verify, store and exchange information about transactions.

[farademetre]

What Can We Expect from the FED's Quantitative Tightening?

The financial system is so complicated that it is hard to plan for every possibility, even as the FED launches its most extensive QT program to date.

[grantgoodagent]

If you believe in #IndigenousPeoplesDay and not #ColumbusDay then you may also believe the #FinancialSystem was also made by people to take advantage of the #MinorityCommunity. #FinancialEducation is of the utmost for some #Demographics to keep up with the rest of the wealth building that #America is doing. Buying a home as a financial instrument is important now more than ever for the survival of your family… I can’t emphasize this enough! . . Grant Inaba @ Good Real Estate/Compass Call / Text / Email 415-992-2330 / grant@goodagentre.com Compass CalDRE# 01905199 Link in bio. . . #GrantGoodAgent #GoodAgent #GoodRealEstateTeam #GoodTeamRealEstate #GoodRealEstateFamily #AgentsForGood #GoodHussle #MakeBayAreaAffordableAgain #MakeHousingAffordableAgain #Grantsanity #Grantacular #BayArea #EastBay #SanFranciscoBayArea #DiabloValley #Clayton #Concord #Martinez #Lafayette, #Orinda #LaMorinda https://www.instagram.com/p/CU5QJB8P8m_/?utm_medium=tumblr

[easyshiksha]

Swiss Financial System Tutorial

The course concerns The Financial System in Switzerland and in particular the Swiss banking sector, which most economists consider to be the best functioning banking sector in the world.

[posconetworkofficial-blog]

Journey To An open Financial System 

Posco Network is an open financial system. 

Follow Link: https://posco.network

[farademetre]

InvestTalk - 9-29-2022 — Could Falling Home Prices Collapse the Financial System?

The U.S. housing market is seeing one of the most fast and dramatic transitions in its history.

[tahitianstarseed]

From The Emerging Light Paoweb.com #globalcurrencyreset #financialsystem #currency #currencychange #financial #moneysystem #money #banks #saintgerman #theemerginglight #paoweb #jackfurst https://www.instagram.com/p/By4Y2SoHzvi/?igshid=1c3hxkehv18fy