Daily Archives: May 6, 2016

60 Minutes: Unbundling banks

More free market evolution to help cut the cross-selling banking conglomerates back down where we need them: as well-capitalized, deposit holding and lending utilities. It’s being called the financial technology, or fintech, revolution. Lesley Stahl meets some of the fintechies … Continue reading

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Global bad debt epidemic spreading

There is a common theme evident for those who wish to see reality: Pushing more debt onto heavily indebted borrowers = a bad debt epidemic, not economic growth. This is worldwide. Chinese banks’ bad loans are at least nine times … Continue reading

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