Category Archives: Main Page

As in 2007-08, achieving peak auto sales this cycle has been a reckless, financially destructive chapter for the masses, and right on cue, the inevitable default phase has begun with losses coming back on financiers once more. Trustee in Bankruptcy, … Continue reading →

Advised and led by their US trained finance types, China has followed the same hide-your-debts-playbook that brought down Enron, Worldcom and global financial markets in 2001-03, as well as Bear Stearns, Lehman and global markets again in 2007-09. The difference … Continue reading →

A caveat I would add on the health care and insurance costs discussion in this clip, it’s not just that corporations have gained too much control, but also that we individuals have abdicated too much personal responsibility for our own … Continue reading →