By Andrew Zarowny:
Even while the Asia-Pacific Economic Council (APEC) adjourns in Yokohama, Japan, with no real agreements, a war is brewing. No, I’m not talking about the currency war between China the America. Nor even the trade war between our two countries. I’m not even talking about the big battle between Manny Pacquiao and Antonio Margarito! However, I am talking about an economic war between two super-powers, The People vs J.P. Morgan-Chase Bank. There’s a guerilla war growing on the Internet to crash J.P. Morgan, and the weapon of choice is silver.
Why do so many people want to crash J.P. Morgan-Chase Bank? Well, much of the angst stems from the office of JPM’s head of global commodities, Blythe Masters. She rose to power by pushing the creation of those nasty Credit Default Swaps. Remember them? Those CDS contracts that were used by banks like JPM and Goldman Sachs to make billions off of mortgage-back securities that were essentially worthless? They had a great deal to do with the economic Crash of 2008 and all of the misery that has since followed.......read on
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