Daily Archives: December 15, 2015

Canada’s new mortgage rules offer teachable moment

For pity sake, please do not buy $700,000 homes with 45K down and 655K mortgages, even if your mortgage/financial adviser, specialist, architect, sales person says that you qualify. Please run away…If you don’t have a healthy down payment to use, … Continue reading

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Paris climate accord: vapid in content?

Professor Chris Williams says 21 years of treaties and negotiations have all been stepping around the main problem: the production of fossil fuels. Here is a direct video link.

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Credit contagion returns

In order to see meltdowns coming, you have to be looking for risk. Most financial types are paid to sell risk, not manage it. Warnings of a high-yield bust were plentiful: The shale driller that missed its first payment. The … Continue reading

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Bill Black updates on implicit big bank immunity in America

While assisting the prosecution of JPMorgan and Countrywide in Florida by the Department of Justice, TRNN regular Bill Black was dismissed from the case by the assistant US Attorney, who described him as a “Jihadist”. Here is a direct video … Continue reading

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