Nomi Prins
Nomi Prins is a former Wall Street executive and author. Her newest book is Collusion: How Central Bankers Rigged the World (Nation Books). Her previous books include All the Presidents' Bankers: The Hidden Alliances That Drive American Power (Nation Books) and Other People's Money: The Corporate Mugging of America. Follow her on Twitter: @nomiprins
Articles by this author
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Views Thursday, March 12, 2020 The Fed, the Virus, and Inequality Whether you’re invested in the stock market or not, you’ve likely noticed that it’s been on a roller coaster lately. The White House and most of the D.C. Beltway crowd tend to equate the performance of the stock market with that of the broader economy. To President Trump’s extreme chagrin, $3.18... Read more |
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Views Tuesday, February 26, 2019 Survival of the Richest Like a gilded coating that makes the dullest things glitter, today’s thin veneer of political populism covers a grotesque underbelly of growing inequality that’s hiding in plain sight. And this phenomenon of ever more concentrated wealth and power has both Newtonian and Darwinian components to it... Read more |
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Views Thursday, December 13, 2018 A World That Is the Property of the 1%: Wall Street, Banks, and Angry Citizens As we head into 2019, leaving the chaos of this year behind, a major question remains unanswered when it comes to the state of Main Street, not just here but across the planet. If the global economy really is booming, as many politicians claim, why are leaders and their parties around the world... Read more |
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Views Monday, September 17, 2018 Cooking the Books in the Trump Universe Once upon a time, there was a little-known energy company called Enron. In its 16-year life, it went from being dubbed America’s most innovative company by Fortune Magazine to being the poster child of American corporate deceit. Using a classic recipe for book-cooking, Enron ended up in bankruptcy... Read more |
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Views Thursday, August 02, 2018 We Will Have to Face the Consequences of Donald Trump Getting His Hands on the Economy Here we are in the middle of the second year of Donald Trump’s presidency and if there’s one thing we know by now, it’s that the leader of the free world can create an instant reality-TV show on geopolitical steroids at will. True, he’s not polished in his demeanor, but he has an unerring way of... Read more |
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Views Thursday, June 21, 2018 Imperial President or Emperor With No Clothes? Leaders are routinely confronted with philosophical dilemmas. Here’s a classic one for our Trumptopian times: If you make enemies out of your friends and friends out of your enemies, where does that leave you? What does winning (or losing) really look like? Is a world in which walls of every sort... Read more |
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Views Thursday, April 26, 2018 Donald Trump and the Next Big Crash Warning: What you are about to read is not about Russia, the 2016 election, or the latest person to depart from the White House in a storm of tweets. It’s the Beltway story hiding in plain sight with trillions of dollars in play and an economy to commandeer. While we’ve been bombarded with a litany... Read more |
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Views Monday, March 19, 2018 Jared Kushner, You're Fired! Here we are a little more than a year into the Trump presidency and his administration’s body count is already, as The Donald might put it, “ unbelievable, perhaps record-setting .” Among the casualtie s are Secretary of State Rex Tillerson ; my former boss at Goldman Sachs, economic policy chief... Read more |
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Views Monday, March 12, 2018 Trade Wars and Diminished Credibility As Jonathan Swift once noted : “There is nothing constant in this world but inconsistency.” That’s the operative motto for all things Trump, one that makes analyzing the gap between what he thinks and what he tweets much easier. Along those lines, my former boss from my Goldman Sachs days—Gary Cohn... Read more |
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Views Thursday, February 01, 2018 How to Set the Economy on Fire: Trump’s Financial Arsonists There’s been lots of fire and fury around Washington lately, including a brief government shutdown. In Donald Trump’s White House, you can hardly keep up with the ongoing brouhahas from North Korea to Robert Mueller’s Russian investigation, while it already feels like ages since the celebratory... Read more |