Category Archives: Main Page

Stock craze sweeps rural China

This should end well…Chinese farmers have set up village monitoring centers so locals can watch their ‘investments’ minute by minute in the stock market. No wonder Macua revenues are down 25%. Who needs casinos when you have insanely levered financial … Continue reading →

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Fiduciary standard required to protect life savings

We could compile volumes of real-life horror stories about the abuse inflicted by financial ‘advisors’ following self-serving “suitability” standards…there is no reasonable argument for allowing this to continue. And yet so far, it is. A new regulatory proposal that would … Continue reading →

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If Greece defaults and bankers pretend they didn’t, did it happen?

Here is a modern day twist on “if a tree falls in the forest”…the insolvent Greek government could not make their debt payment due to the International Monetary Fund today, but so far, the bankers are not calling it a … Continue reading →

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