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Daily Archives: February 24, 2016
60 Minutes Australia: “Home groans”
A commodity-dependent economy where households and foreign investors gorged on cheap credit to billow real estate to outrageous valuations, now facing cash flows deficits and concentrated risk in the banking sector….hmmmm… sound familiar Canada? This segment aired Sunday 21st Feb … Continue reading
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Peak oil and the rise of the electric car
There are more than one billion cars on the road worldwide today, and only one tenth of one percent of them have a plug. OPEC contends that even in the year 2040, EVs will make up just one percent. But … Continue reading
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Hands: “bankers will go back to their baskets like dogs”
Guy Hands, chairman and chief investment officer at Terra Firma, discusses the current level of market volatility, the availability of financing for deals, and the U.K.’s upcoming “Brexit” vote. Here is a direct video link.
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