Excellent discussion on the Euro crisis, the broader deleveraging cycle and what realists must understand to surive and thrive through this period. Watch the hour long clip here. (The intro is odd, but the video after is worth watching.)
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Cory’s Chart Corner
Load MoreWow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
@business
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It would appear that advisors to the Government of Portugal are steeped in their knowledge and appreciation of remote Europian Financial History.
Nor will going all cash over here necessarily spare us of a like “one off” experience.
Not sure about gold either.
Yes, it is worth the time. Thank you. Thank you. Thank you. JW, Vancouver