Ellen Brown

Created
Wed, 12/04/2023 - 20:10

By Ellen Brown / Original to ScheerPost Holidays in my childhood were spent at my grandparents’ farm in Plain Grove, Pennsylvania, 35 miles from East Palestine, Ohio. My grandfather’s grandfather fought at Gettysburg and homesteaded the 160-acre farm after the Civil War. My grandmother sold it in the 1960s for $13,000, lacking a male heir […]

The post Ellen Brown: The Cobalt Gold Rush and the East Palestine Disaster appeared first on scheerpost.com.

Created
Fri, 24/03/2023 - 10:46

By Ellen Brown / Original to ScheerPost On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge of being nationalized: What the authorities did over the weekend was absolutely profound. They guaranteed the deposits, all of them, at Silicon Valley Bank. What […]

The post Ellen Brown: Banking Crisis 3.0: Time to Change the Rules of the Game appeared first on scheerpost.com.

Created
Mon, 13/03/2023 - 06:26

By Ellen Brown / Original to ScheerPost On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically […]

The post Ellen Brown: The Looming Quadrillion Dollar Derivatives Tsunami  appeared first on scheerpost.com.

Created
Thu, 23/02/2023 - 21:59

By Ellen Brown / Original to ScheerPost Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial Institutions (SIFIs, basically the biggest […]

The post What Will Happen When Banks Go Bust? Bank Runs, Bail-Ins and Systemic Risk appeared first on scheerpost.com.