Follow
____________________________
Daily Archives: October 1, 2014
The more things stay the same: subprime madness continues
Triple A ratings on subprime loan securities for a 1% yield. Hmmm…. Some investors are warning a wave of auto loan defaults could lay ahead. Here is a direct video link. Those who show little respect for capital are destined … Continue reading
Posted in Main Page
Comments Off on The more things stay the same: subprime madness continues
More on the downside of Canada’s credit bubble
Canadians have traditionally been known for being nice and producing comedians. There was also a time when our households were known as being more fiscally conservative than our US cousins: in 1980 Canadian household savings rates were more than 17% … Continue reading
Posted in Main Page
Comments Off on More on the downside of Canada’s credit bubble
Alternative energy: power to change the world
At our weekly coffee group this morning, conversation turned to the revolution of electric cars led by Tesla and solar power. These are two of the most important, society-altering, technological breakthroughs in human history. Those who don’t get it are … Continue reading
Posted in Main Page
Comments Off on Alternative energy: power to change the world
;
