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Further to the news last week that more than 5300 Wells Fargo employees engaged in massive fraud fabricating new applications for credit and customer accounts in order to reach mandated sales targets dictated from head office, we also learned that … Continue reading →

Matthew Parry, senior oil analyst at IEA, explains what changed the view of the IEA on the surplus in global oil markets and discusses slowing demand in China and record output from OPEC.  Here is a direct audio link. Ryan … Continue reading →

Since 2007, Central banks and governments have been like reckless dam operators indiscriminately flooding good money after bad through global asset markets. All of this has been added to the debt tab and diverted capital from substantive investment in things … Continue reading →