Monthly Archives: August 2014

An aggravating feature of this central bank magnified game, is that each snake finds players older each cycle with less income and time to recover losses. This is the critical point that financial types rarely acknowledge since their business models … Continue reading →

Think record corporate borrowing to buy back shares is “brilliant” business management? Think again. For an excellent assessment of the extractive thinking swallowing the c-suite today, see the September Harvard Business Review, Profits without Prosperity. Here is a sampler: “Five … Continue reading →

“Artificially depressed interest rates punish savers and cause them to seek yield by channeling funds to more and more speculative areas of the economy, while encouraging already indebted borrowers to take on more debt so long as the debt can … Continue reading →