An Exploration of Madoff’s $50 Billion Ponzi Scheme Will Unveil the Root Causes of this Global Monetary Crisis

December, 16, 2008 For those of you that have been shocked by the fraud committed by former US NASDAQ Stock Exchange Chairman Bernard Madoff in running a Ponzi-scheme disguised as hedge fund that will create an estimated USD $50 billion of losses for investors, you shouldn’t be. Why? Because we all accept and enable a … Continue reading An Exploration of Madoff’s $50 Billion Ponzi Scheme Will Unveil the Root Causes of this Global Monetary Crisis

The Great Depression – Is it the US Treasury’s “Playbook” for the Current Monetary Crisis?

December 8, 2008 Within the past couple of months, there has been a lot of discussion regarding US Treasury Secretary Hank Paulson’s allocation of half of the initial tranche of $700 bailout money, with many describing his spending of $350 billion thus far as appalling, disappointing, and even shocking. During a US Congressional hearing that … Continue reading The Great Depression – Is it the US Treasury’s “Playbook” for the Current Monetary Crisis?