Monthly Archives: October 2013

The reason that the world is drowning in debt

The miracle potion for creating above-average growth over the past 30 years has been add more leverage(debt) and stir. As interest rates moved through a 30 year secular downturn, more things became affordable every year without pay increases for the … Continue reading

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Why is JP Morgan so quick to pay a 13 billion fine?

Gordon Kerr, consultant at Cobden Partners, talks with Guy Johnson about the potential $13 billion settlement by JPMorgan to end civil claims over its sales of mortgage bonds. Here is a direct video link.

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Profiting personally from public office

Most Americans believe it’s illegal for politicians to profit from their public office but, as Steve Kroft reports, that’s not the case. Here is a direct video link.

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