Daily Archives: July 28, 2014

Bad bank culture has not changed to date

Posted on July 28, 2014 by Danielle Park

Alex Brummer, author of “Bad Banks: Greed, Incompetence and the Next Global Crisis”, says the much-needed change of culture in the banking sector hasn’t happened. Here is a direct video link.

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Some arithmetic on today’s “highly advanced equity bubble”

Posted on July 28, 2014 by Danielle Park

Yes Virginia, don’t let the salesmen assure you otherwise, we have a massive equity bubble on our hands today. Govern your savings accordingly. See John Hussman’s excellent weekly: Yes, this is an equity bubble, for some simple facts on today’s … Continue reading →

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