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Cory’s Chart Corner
Wow...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 @DiMartinoBoothDanielle DiMartino Booth @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.
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Daily Archives: July 24, 2012
Weight of secular bear heavier than all the global monetary policy put together
Trillions in central bank printing and banking “rescues” by taxpayers, and still global stock markets are falling back to 10-year lows. This is what secular bears look like. All the money wasted in trying to pump up over-valued asset prices … Continue reading
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Chris Hedges on “sacrifice zones” in America
“There are forgotten corners of this country where Americans are trapped in endless cycles of poverty, powerlessness, and despair as a direct result of capitalistic greed. Journalist Chris Hedges calls these places “sacrifice zones,” and joins Bill this week on … Continue reading
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