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Monthly Archives: December 2015
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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Venture Index ‘gives’ 500: -85% and counting
This is what the end of a secular bull looks like. From a high around 3300 in July 2007, the resource-centric Canadian Venture Index (CDNX) has today broken below 500. As shown below, it is now some 26% below the … Continue reading
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