Stop me if you’ve heard this one before.
GDP falls -35%, the worst quarterly drop in the history of the US economy….and the Too Big To Fail banks make record revenues:
Got that? Over 50 million Americans have lost their jobs as a result of the economic carnage inflicted by the covid-19 pandemic. And yet the big banks are not only unscathed, but positively swimming in profits.
We live in a system run by the banks, for the benefit of the banks. Regular folks like us are simply grist for its mill.
After all the US Federal Reserve, which wields immense global power and influence as the controller of the world’s reserve currency, is owned by its private member banks. Should we really be surprised how the banks always seem to come out on top?
And while we frequently criticize Fed policy for enriching Wall Street at the expense of Main Street, the banks are also picking our pockets in other ways that the public is largely blind to.
In today’s video, we talk with expert guest Joe Saluzzi of Themis Trading, an expert on high frequency trading (HFT) algorithms. He exposes a whole world of hyperfast technology operating in the markets that most regular investors are completely unaware of and vulnerable to.
Joe’s key takeaway is to realize that the markets, and the financial institutions operating them, are casinos. They have engineered the system to slant the odds in their favor. If you invest your
by adam-taggart-2 
