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Monthly Archives: April 2015
Prins on the revolving door between Washington and Wall Street
Nomi Prins, author of “All the Presidents’ Bankers” on the revolving door between Washington and Wall Street and why it has gotten more dangerous for our economic health. Here is a direct video link.
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CBC looks at Canada’s “Condo Game”
This CBC report aired in November 2014 (hat tip Ben Rabidoux) when West Texas Crude was still $80/barrel and most Canadians had no idea of the financial stress about to hit the economy. Over-valued real estate, over-indebted households and companies, … Continue reading
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Key recessionary indicator issues warning
The stock market media is trying to sell a positive spin on this morning’s confirmation that US factory orders increased .2% in February after falling for 6 consecutive months. The larger story however, is that January factory orders, that had … Continue reading
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