Hi yield bond melt spreading

The reckless risk-taking and levering in the corporate sector during the past 4 years of QE mania has been ‘ludicrous mode’.

As noted here previously in Ichan warns of markets on a ‘treacherous path’ and Fed and long-always funds pushing capital over a cliff, capital losses have been baked into irrationally high asset prices and indiscriminate buying.  It was always just a matter of time for the tower of terror to unravel. Funds and managers in the space have begun to go bust and the forced selling is spreading to other assets as the need to raise cash via liquidation spreads.  Two words:  not contained.

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Canada goes from laggard to leader on climate

The opportunity for smart business, greater efficiency, good growth and job creation are enormous.

Elizabeth May is not mincing any words — she says Canada was hated by other countries for sabotaging climate change negotiations at previous talks but things have changed dramatically since the ascension of Justin Trudeau to power.

She spoke about the agreement out of Paris on CBC radio, you can listen to an audio link here.

You can also read May’s summary of the agreement that was actually reached on her blog here.

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Earth ships: evolving ideas of home

The electric power and heating are provided through renewable energy sources, such as solar and wind energy. As a result, an Earthship is completely self-sustainable and allows you to live off the grid, minimizing your reliance on public utilities. See: Earth ships off the grid.
Here is a direct video link.


Also see: Congress has a plan to achieve 100% green and renewable energy by 2050.

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