Is Australia at Risk of a Collapse?
Debt to GDP is a key ratio.
Does Australia have a ‘zombie economy’ that is at risk of a crash?
Updated
A History Glass Steagall Act to Protect Public Deposits
Banking Act of 1933 (Glass-Steagall)
June 16, 1933
The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things. It was one of the most widely debated legislative initiatives before being signed into law by President Franklin D. Roosevelt in June 1933.
![President Roosevelt signs the Glass-Steagall Act alongside the bill"s co-sponsors, Senator Carter Glass and Representative Henry Steagall, and others.](https://www.federalreservehistory.org/-/media/images/essays/great_depression/glass_steagall.jpg "President Roosevelt signs the Glass-Steagall Act alongside the bill"s co-sponsors, Senator Carter Glass and Representative Henry Steagall, and others.")
Roosevelt… Continue reading
BBC Speechless as Trader Tells Truth about Greed
Can people profit from economic crash’s and downturns? This trader makes clear the reality of how they think and their intentions. They are trained and rewarded by the notion of ‘greed as good’. This is the basis of profit making. The traders dream about it. Key question is – is… Continue reading
Why is PayPal Freezing Accounts and asking about Political Affiliations?
In my view when we tick terms and conditions we are not really understanding what we agree to. When access becomes conditional on not being political then you can be sure there is a form of repression happening. What is political? Is it commenting on politics, is it organising, is it having… Continue reading