TV News LIES

Friday, Jun 22nd

Last update05:20:13 AM GMT

You are here News Economy JPMorgan Responsible for the Destruction of U.S. Financial System

JPMorgan Responsible for the Destruction of U.S. Financial System

E-mail Print PDF

The tag team of JPMorgan as the monster and Goldman Sachs as its harlot represent a powerful pair that is more responsible for destroying the entire US financial system than 95% of the American public has any awareness. The colossus of JPMorgan is a monster, a predator, nurtured by pond scum. It has gobbled up Chase Manhattan, Manufacturers Hanover, Chemical Bank, Bank One, and more over the past two decades. Their profound presence in keeping the USTreasury Bond yields down can never be understated. They do so by managing 85% of the credit derivatives on the planet. They distorted usury prices, as in price of borrowed money, thus aggravating the LIBOR (London InterBank Offered Rate) market in a very visible manner.

More...


Most Recent Related Stories...


Allies line up to impose retaliatory trade tariffs on US

Allies retaliate tariffs Turkey and India announced on Thursday retaliatory tariffs worth hundreds of millions of dollars on goods...

Report: Trump to Authorize $50 Billion in New Tariffs Targeting China

Trump okays $50B in tariffs on China President Donald Trump approved tariffs on about $50 billion of Chinese goods, people familiar with the...

Trump orders tariffs on $200B more Chinese goods

Trump orders new tariff on China President Donald Trump on Monday raised the stakes in a growing trade dispute with China, ordering...

Renowned Economist Jeffrey Sachs Rips Trump As A Gibbering, ‘Delusional’ Threat

Jeffrey SachsAmerican economist Jeffrey Sachs has written a scathing takedown of President Donald Trump, calling him a delusional, psychopathic...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!