Nomi Prins : The Smoking Gun Doesn’t Lie - The Fed Will Not Give Up Dark Money

When it comes to second quarter U.S. economic growth figures, interpretation is everything. On one hand, the projection of 4.1% second quarter growth is a sign of a surging economy set to grow for years to come. But on the other hand, it is seen as temporary sugar rush created by tax cuts and debt. It’s unsustainable in the light of higher tariffs, an escalating trade war that could impact large portions of the economy, and rising federal deficits that put America even deeper in debt. Another data point to determine which of these two camps is most accurate for predicting the future of the U.S. economy is job’s figures. July’s jobs report came in with fewer than expected jobs, a gain of 157,000 jobs vs. a forecast of 190,000. While that miss in itself may not mean much, since the overall jobless rate dropped to 3.9%, the fact that wages are growing slowly remains a concern. Also concerning is the record amount of household debt. Consumers are using it to spend and that is partially responsible for that 4.1% GDP growth, as I noted on Fox Business recently. But it’s not sustainable. Add it all up and there’s considerable reason to believe that the 4.1% growth rate is only temporary. It will not represent the full GDP growth figure over all of 2018, nor will it be the growth figure in 2019 or 2020. Even the Fed admits growth will slacken over the next couple of years.









The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins Explains The Central Bankers' Game of Thrones

 Today James talks to Nomi Prins, author of books like All The Presidents Bankers, about her recent article "The Central Bank Power Shift from West to East, Game of Thrones Style." We talk about the changing economic and monetary landscape and how the locus of central bank power is shifting to the East, with players like the People's Bank of China gaining in prominence and former US/EU lapdogs like the IMF becoming brokers for these new power players in the new world financial order.














Nomi Prins is a renowned journalist, author and speaker. Her latest book, All the Presidents' Bankers, is a groundbreaking narrative that has received rave reviews, about the relationships of presidents to key bankers over the past century and how they impacted policy. Her other books include, Black Tuesday, a historical novel about the 1929 Crash, and the hard-hitting expose, It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street. She is also the author of Other People’s Money: The Corporate Mugging of America which was chosen as a Best Book of 2004 by The Economist, Barron's and The Library Journal, and the book, Jacked. She is a frequent commentator for a diverse spectrum of TV and radio programs including for the BBC, RtTV, CNN, CNBC, MSNBC, CSPAN, Democracy Now, Fox, NPR and PBS. She has featured in numerous documentaries alongside other globally prominent thought-leaders.






The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Crisis at the Federal Reserve. The End of the Washington Consensus? -- Nomi Prins

Crisis at the Federal Reserve. The End of the Washington Consensus? Nomi Prins on GRTV
In the multipolar world of the 21st century, the locus of economic attention is shifting toward Eurasia. And as journalist and author Nomi Prins notes, in this changing economic landscape, the dominance of the Federal Reserve and the Washington consensus is coming into question for the first time since the end of the Second World War. This is the GRTV Feature Interview with your host, James Corbett, and our special guest, Nomi Prins.










The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins Explains The Central Bankers' Game of Thrones

Today James talks to Nomi Prins, author of books like All The Presidents Bankers, about her recent article "The Central Bank Power Shift from West to East, Game of Thrones Style." We talk about the changing economic and monetary landscape and how the locus of central bank power is shifting to the East, with players like the People's Bank of China gaining in prominence and former US/EU lapdogs like the IMF becoming brokers for these new power players in the new world financial order.






The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins : How Did Neoliberalism Help Create Trumpism

Author Nomi Prins joins Paul Jay and panelists to discuss the economics behind Donald Trump








The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

We Are Getting To The End -- Nomi Prins

 Nomi Prins, the Best selling author of All The President's Bankers, joins me to document the collapse of the western banking and economic systems. Nomi says, "We're getting to the end of what's possible in terms of stimulation, I would have thought the end should have happened years ago. But the reason it didn't was because of the epic coordinated efforts between the major central banks... and that element has left markets with the APPEARANCE of health they haven't actually had because of true growth. And there's only so much you can do of that. These are desperate actions."












The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

America at Center of Financial Black Hole -- Nomi Prins

 Don’t think the U.S. is immune from trouble. The U.S. is at the center of the black financial hole. So, will the U.S. eventually implode with the rest of the world? Former top Wall Street banker and best-selling author, Nomi Prins says, “Yes, because the U.S. is a trading partner with these countries. We buy and sell products . . . and also, we have an extremely large financial system with tentacles throughout the world.”

When it comes to protecting yourself from calamity, Prins says, “Build a stockpile of cash . . . and look at investing in gold as a percentage of disposable investment income.”








The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins -- Federal Reserve Transition to Destruction

 Former top Wall Street banker Nomi Prins says we are headed for a calamity and the “Fed put themselves in a catch 22” situation with a very bad policies to bailout the banks. Prins points out, “Now, you have this heightened volatility. Now, you have this heightened negativity. There is only so much of an amount you can inflate asset bubbles before they destruct, and that’s what we are seeing now in the rising volatility in the last six months, this transition to destruction.”

So, no matter if there is a rate rise or not, the markets are still going to get destroyed. All the warning signs are showing up right now as Prins explains, “What happens before any sort of major implosion is you get this heightened volatility to the downside. You get a heightened volatility to the downside, meaning a lot of jagged edges in the markets, particularly in the stock markets because they most reflect the hot money going in now. Currency trading or Forex trading reflects it too. That’s why you have these rigging frauds going on, and I believe continue to go on. You have all these volatility points along the way in all of these different asset classes. That heightens when the markets turn, and then it becomes a self-fulfilling situation. The more uncertainty there is, the more every little tiny thing creates a more downward cycle rather than an upward bump. That’s what we’re in right now.”




The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins -- Fed Trapped in Money Printing Policy

What about all the talk of the Fed raising interest rates this fall? Former top Wall Street banker Nomi Prins explains, “They have backed themselves into a corner. If you raise interest rates 50 basis points, the market will drop 500 points that day. That’s what you are dealing with. That’s just the reality of the situation that has been created. I think if the Fed does raise rates to save face, it will be by a very small amount. The markets will tank . . . and completely stop raising rates going forward, or they don’t do it at all, which is kind of what’s been happening. . . . If they do raise rates, they create a very big knock on effect.”

So, the Fed is trapped in a never ending money printing policy, and Prins goes on to say, “Yes, they are in the tough spot that they created. They fed into this Frankenstein banking system. . . If they raise rates meaningfully, it will cause a tremendous crash in the markets.”

Join Greg Hunter as he goes One-on-One with Nomi Prins, best-selling author of “All The Presidents’ Bankers.”





The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

NOMI PRINS: BANKSTER HOUSE OF CARDS! SECRET FINANCE QE & ZIRP - DARK JOURNALIST

In this special Economic Insight episode, Dark Journalist welcomes Best-Selling Author, Financial Expert and Former Managing Director at Goldman Sachs Nomi Prins. Nomi’s classic book series on the secret machinations of the financial world and how the banking elite are taking the world to the brink of economic ruin includes her latest book,"All The President’s Bankers.”

Together, Nomi and Dark Journalist will chart the pernicious influence of greedy, covert money power that is manipulating the global economy and engineering a stealth transfer of power and wealth on a scale never seen before in the history of the financial world! She also reveals the tightly knit web of wealthy families and political insiders that helped to engineer the economic bailouts that made the reckless big investment banks, like JP Morgan and Goldman Sachs, even bigger and rewarded them for their unethical and destructive behavior.

With her in-depth knowledge and experience in the Wall Street world, Nomi outlines the hidden processes that allow the toxic assets that the banks developed through bizarre credit derivative packages to continuously be bought by the Federal Reserve. As they reward their friends and devalue the dollar and wages of the average investor with absurd zero interest rate and the one-percent-friendly quantitative easing ‘QE' policies, the wealthy insiders are harvesting the assets of the public society.

Nomi also examines the risks for the papered over, debt-ridden economy and how in some ways we are more vulnerable to an economic tsunami than we were in the crash of 2008. The ramifications for ignoring this powerful trend of economic fragility are far too disturbing to contemplate as the new stock market bubble is being pumped up by the same forces that caused the recent financial crisis in the first place.

Revealing, unnerving, informative, insightful, outspoken and spellbinding, you’ve never seen Nomi lay out the facts of the financial reality we face as you will in this rare, in-depth, deep interview with Dark Journalist!





The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins : Wall Street, World Bank & NATO designed to enforce US Hegemony

KeiserReport: Guest Nomi Prins (21Mar15) , Max Keiser interviews former Goldman Sachs banker, Nomi Prins, author of All the Presidents’ Bankers about the Cold War - Wall Street nexus of World Bank and NATO style institutions designed to enforce US hegemony.




After fifteen years in the banking industry, Nomi Prins brings an insider's eye to the boom economy, uncovering the old-boy networks and hot-money flows between Wall Street, Corporate America, and Capitol Hill, and exposing the whitewash reforms brought in to control them. In the first years of the Bush administration, some of America's most prominent corporate executives cashed out billions of dollars in stock and stock options before driving their companies to ruin through fraud and bankruptcy. In their wake they left a tangle of lost jobs, depleted pensions, and shattered lives. Yet, to write off this corruption as the unbridled greed of a select few is an oversimplification.

Nomi Prins

As Nomi Prins shows in this devastating expos', the much-publicized corporate malfeasance of recent years resulted from deregulation that trashed the rules of responsible corporate behavior. Faced with increasingly absent regulatory agencies, toothless legislation, and an utter lack of accountability, the stock market roared on the back of phony balance sheets while the executives made out like bandits. Nomi Prins has held posts as Managing Director at Goldman Sachs and Senior Managing Director at Bear Stearns, as well as senior positions at Lehman Brothers and the Chase Manhattan Bank. She has written for Fortune, Newsday, The Guardian, Left Business Observer, and La Vanguardia. She lives in New York.






The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Max Keiser interviews ex Goldman Sachs banker Nomi Prins

 In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss nations joining the anti-dollar alliance as those on the hamster wheel of debt grow tired of working, working, working to pay the interest to those in early on the global debt pyramid scheme. In the second half, Max interviews former Goldman Sachs banker, Nomi Prins, author of All the Presidents’ Bankers about the Cold War - Wall Street nexus of World Bank and NATO style institutions designed to enforce US hegemony.







The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins -- People Don’t Have Any Money

 So, is anything in the financial sector actually fixed? Former top Wall Street banker Nomi Prins contends, “We have many trillions of dollars and government policy trying to basically cover up the holes in the entire financial system that could create another Lehman or multiple Lehmans. So, we have a white wash or a hole in the wall that’s been plastered over many, many, many times. The hole is still there. The danger is still there. The co-dependency is still there. The leverage is still there. . . .It all look like there has been this cosmetic shift supporting these banking institutions rather than supporting, from the bottom up, the economies of these countries. That has the effect of creating deterioration in any of the assets that these banks are still financing. . . . “Buying securities does not help people get jobs. It does not help industries to continue to innovate. It does absolutely nothing for spreading a foundation of solid economics throughout the population. All it does is make banks look better and cover these holes. Even with all that, holes continue to pop up and be visible, and that indicates a much larger problem. . . . People don’t have money. Even if the headline unemployment looks good, the reality is the jobs being created do not pay well. So, people don’t have any money.”

In closing, Prins paints a grim picture by saying, “When there is no artificial external buyer for debt, that’s when things will fall apart.”




The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins: The Sinister Evolution Of Our Modern Banking System

Today, the 'revolving door' connecting our political and financial systems is evident to anyone with eyes. But this entwined relationship between Washington DC and Wall Street is nothing new, predating even the formation of the Federal Reserve.

To chronicle the evolution to where we find ourselves today, we welcome Nomi Prins, Wall Street veteran turned financial industry reformist, and author of the excellent expose All The Presidents Bankers.

In this well-detailed interview, Nomi goes into depth of the rationale and process behind the creation of the Federal Reserve, and more important, how its mandate -- and the behavior of the banking system overall -- metastasized into the every-banker-for-himself regime of sanctioned theft we now live with.



The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Economic Collapse, Bailout & All The Presidents’ Bankers with Nomi Prins

 Bank conspiracy, collapse and the failure of the federal reserve is explored with Nomi Prins. ALL THE PRESIDENTS’ BANKERS, Prins’ new book, plus impending doom for the dollar and the reinstatement of the Glass-Steagall Act is discussed, as we follow the money and debt in the banking industry to see who is really coming out on top, and who is most at risk in this economy, on Buzzsaw hosted by Sean Stone.





Nomi Prins:
Nomi Prins is a political-finance expert, author and speaker. She is the author of six books including her latest, All the Presidents' Bankers: The Hidden Alliances that Drive American Power, the historical novel, Black Tuesday and other non-fiction books, It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street and Other People’s Money: The Corporate Mugging of America which predicted the 2008 crisis.
She has appeared as a frequent commentator on international and national TV programs including for: CNN, BBC World, RtTV,
Before becoming an author, Nomi worked on Wall Street as a managing director at Goldman Sachs, and Senior Managing Director running the international analytics group at Bear Stearns in London, as well as having held positions at Lehman Brothers and the Chase Manhattan Bank (JPM Chase). She is a Senior Fellow at the public policy think-tank, Demos.






The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Nomi Prins & Special Coverage Of Congressional Hearing To Free Sgt. Tahmooressi

Nomi Prins is a renowned journalist, author and speaker. Her latest book, All the Presidents' Bankers, is a groundbreaking narrative about the relationships of presidents to key bankers over the past century and how they impacted domestic and foreign policy. Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, ran the international analytic group as a senior managing director at Bear Stearns in London, and worked as a strategist at Lehman Brothers and an analyst at the Chase Manhattan Bank. She is currently a Senior Fellow at the non-partisan public policy think-tank, Demos.

Nomi Prins -- All the Presidents' Bankers: The Hidden Alliances that Drive American Power

During this nearly 50 minute interview, Jason starts off by asking Nomi about why she decided to write this book, the historical period it encompasses and the sources she used to research and write the book.

Nomi talks about the US before the Federal Reserve, WWI, Woodrow Wilson, Teddy Roosevelt and the close relationships large banks and Wall Street have always maintained with DC and Presidents.

Jason asks Nomi more about why the US entered WWI and the Federal Reserve's role.

Next, Jason asks Nomi about the Creature from Jekyll Island aka the Federal Reserve and about all the problems the Fed has created in the US economy since it was created.

Nomi thinks it leads to enormous moral hazards, allows the big banks to continue to grow unabated to levels they could not have grown without the Fed's help, etc.

Jason and Nomi talk about many different ways the Fed helps Wall St and DC at Main St's expense.

Jason then asks Nomi about how much longer she thinks the Fed and global central banks can keep the game going.

Nomi is surprised the economic and political elites have been able to keep things going this long since 2008.

Finally, to wrap up the interview, Jason asks Nomi about what people on Main St can do to protect themselves from what is to come.

Nomi Prins -- Private Banks Rigging Economic Systems Worldwide

Whistleblower Nomi Prinz Exposes The Nefarious Deeds Of The Global Banking Elite
In this interview Nomi Prinz, Whistleblower and Author discuses recent global events with Alex and gives her perspective on the current machinations of the global elite bankers.

Nomi Prins -- The Alex Jones Show(Commercial Free VIDEO) Thursday April 17 2014

The Alex Jones Show(Commercial Free VIDEO) Thursday April 17 2014: Nomi Prins







On this Thursday, April 17 edition of the Alex Jones Sow, Alex looks at the latest on the BLM targeting of Cliven Bundy and his family as news surfaces about the feds slaughtering the rancher's cattle and destroying his property as part of the Obama administration's "culture of intimidation" against all who dare resist leviathan government. Alex looks at the likely prospect of a coming repeat of the federal assault in Nevada, this time with possibly deadly consequences. Renowned journalist, author and speaker Nomi Prins returns to the show today. Prins, a former managing director at Goldman Sachs who also worked at Bear Stearns, Lehman Brothers and Chase Manhattan Bank, is a member of the Federal Reserve Reform Advisory Council. Nomi's latest book is All the Presidents' Bankers: The Hidden Alliances that Drive American Power, an incisive look a century of tight, personal relationships and interdependence between America's past 19 presidents and key bankers. Alex also takes your calls on today's worldwide broadcast.

Nomi Prins: Depositors Could Lose Money

According to former Goldman Sachs banker Nomi Prins, "The banks can't survive without the Fed support, period. . . . The Fed will not discontinue its program of helping these banks because the levels of problems are still the same." According to Prins, depositors could be in trouble during the next banking calamity. Prins contends, "That is a danger. Depositors could lose money because the FDIC would not be able to contain a mega fallout. . . . They're creating a facade of stability until it falls apart." Join Greg Hunter as he goes One-on-One with Nomi Prins, best-selling author of "It Takes a Pillage."