Daily Archives: June 3, 2014

QE3 succeeds: retail sheep back to the slaughter once more

I guess you do have to hand it to those bankers; maybe they are brilliant after all. They wagered that if they could keep pumping up the stock market long enough via QE and creative accounting manoeuvres, the little guys … Continue reading

Posted in Main Page | Comments Off on QE3 succeeds: retail sheep back to the slaughter once more

Dumb gets dumber: auto loans surge in amount and duration

So here’s a novel idea. If you can’t find enough people who can afford a new car, ‘sell’ cars to those who can’t afford them with record monthly payments over 5 to 7 years! True this allows the auto makers … Continue reading

Posted in Main Page | Comments Off on Dumb gets dumber: auto loans surge in amount and duration