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Monthly Archives: May 2016
Gross on managing capital risk through monetary mania
“I’m working on it, because I’m an investor that ultimately does believe in the system, but believes that the system itself is at risk.” Central bankers, seeking to stimulate economies, have lowered rates below zero in Europe and Japan, driving … Continue reading
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Mortgage madness continues: 3% down, risk backed by taxpayers
“Low risk for the bank”…well with taxpayers underwriting the risk of capital loss, and bank bailouts and social payments to families when credit busts, recessions, job losses and foreclosures wreck havoc, and bank executives getting to sell junk, commit fraud, … Continue reading
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Environment Canada: oilsands huge source of air pollution
Now that the old conservative government is no longer gagging our scientists, we get a new non-shocking report from Environment Canada. The finding: Alberta’s oilsands industry is one of the biggest sources in North America of harmful air pollutants called … Continue reading
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