More QE= More money= More Debt= More Interest/Fee’s= More profit banks= More staff+bonuses= Bigger banks= Bigger fairy tales

Shocking Stat: Wall Street Bonuses vs. Worker Bee Earnings

Report author Sarah Anderson found that 167,800 Americans potentially benefitted from the more than $28.5 billion in bonuses paid out by Wall Street banks in 2014. Some securities industries employees likely received large bonuses, while others received nothing.
“The $28.5 billion in bonuses doled out to Wall Street employees is double the annual pay for all 1,007,000 Americans who work full-time at the current federal minimum wage of $7.25 per hour,” Anderson wrote.

If you’re having a hard time stomaching Anderson’s findings, you’re not alone. Sadly, they’re accurate.

In an article penned for The New York Times, Justin Wolfers, a senior fellow at the Peterson Institute for International Economics, said: “My judgment is that we can be pretty confident that Ms. Anderson’s estimate that the sum of Wall Street bonuses is roughly twice the total amount paid to all full-time workers paid minimum wage seems like a fair characterization.”
Wall Street bonuses were up 3 percent last year from 2013, despite a 4.5 percent drop in industry profits.
http://www.moneytalksnews.com/shocking-stat-wall-street-bonuses-worker-bee-class-earnings/
Household debt ratio hits all-time high of 163.3%
http://www.bloomberg.com/news/articles/2015-03-12/canada-household-debt-ratio-reaches-record-163-3-in-4th-quarter
South Korea now trying to fend off deflation as household debt reaches a record 1.08 quadrillion won.
http://asia.nikkei.com/Politics-Economy/Economy/South-Korea-trying-to-fend-off-deflation
REALIST NEWS – US Government and Household Debt Record Breaking $60 Trillion

Too big to fail banks just keep getting bigger: The idea that the TBTF institutions were going to get cut down… 

Too big to fail? It may turn out that the biggest banks in the U.S. are too big to break up.

The idea that the TBTF institutions were going to get cut down to size after the financial crisis has turned into a giant myth. If anything, the system has gotten even bigger.
JPMorgan Chase, No. 1 among banks and thrifts in total assets, has seen its base swell to more than $2.5 trillion, according to SNL Financial. The company’s deposit base alone has grown by 29 percent since the end of 2008.
http://www.cnbc.com/id/102480547?utm_source=twitterfeed&utm_medium=twitter

Global Debt Up $57 Trillion, 60% American Jobs Created Low Level, 50%+ Youth Living w/Parents

http://libertyblitzkrieg.com/2015/02/06/post-crisis-scorecard-global-debt-up-57-trillion-60-of-american-jobs-created-are-low-level-record-youth-living-with-parents/
U.S. Bank Profits Near Record Levels
Industry Posts Second-Highest Profit in 23 Years in Quarter Ended June 30; Improved Credit Quality Helps