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Monthly Archives: February 2016
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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Subprime auto loans: trouble for banks and investors
Who could of seen this one coming? See: More subprime borrowers are falling behind on their auto loans. High margin pick up trucks ‘sold’ (more like borrowed) with little to nothing down were the epicenter of profits (or was it … Continue reading
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