Monthly Archives: August 2017

When capital loss spreads from owners to lenders

Imagine that your largest equity asset is wiped out and you have no flood insurance.  Now you have nowhere to live and have to restart from scratch paying rent somewhere else. Think you would keep paying your mortgage on the … Continue reading

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Denmark sees the future: selling oil interests to expand renewable energies

This is what Saudi Arabia is planning to do with its Aramco IPO as well:  raise cash to fund the development of more efficient and diverse, renewable energy resources.  Et tu Canada?  See:  Sale of oil assets fueling Denmark’s transition … Continue reading

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“Atomic bomb” CDO’s back in demand

Proof-positive that when we don’t eradicate an invasive species it spreads.  In this case risk-selling financial firms fueled by central bank ‘liquidity’, cross-selling-friendly regulations, and taxpayer insured hubris, are happily extracting billions from risk-blind, yield-desperate, indiscriminate buyers. See:  In a … Continue reading

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