Daily Archives: June 3, 2016

China toxic debt out of greater fools?

In finance, complexity has been a highly effective cloak for deceit, but eventually you run out of captive ‘dumb’ money. China seems to be finally getting there. A block in the septic system there presents problems for the flow of … Continue reading

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Dimon stumping against Brexit: Run U.K, run!

For those undecided or thinking it might be bad for the country if the UK votes to leave the E.U., we just heard the strongest endorsement for a yes vote yet:  JP Morgan’s commander in chief is stumping with British … Continue reading

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