Juggling Dynamite

There are many lucid observations in this segment. Worth a listen.

On this episode of the WTFinance podcast, I have the pleasure of speaking with Michael Green – Chief Strategist at Simplify Asset Management. Here is a direct video link.

The popular US 30-mortgage rate at 7.53% is the highest since August 2001 (shown below)–the massive increase in a short period restricts the ability to move, buy homes and consume goods and services of all kinds. And the shock is global. Underestimating the economic and financial ramifications is a mistake.

Danielle was a guest with Jim Goddard on This Week in Money, talking about recent developments in the world economy and markets. You can listen to an audio recording of the segment here, starting at 9:55 on the play bar.

As mentioned in this segment, a recent Credit Karma survey finds that 56% of student loan borrowers say they will have to reduce spending on basic necessities to resume loan payments in October and more than half say they’re struggling to pay auto loans, mortgages, credit card balances and other bills. Forty-five percent of borrowers expect their loans will go delinquent as the forbearance period ends.

Danielle was a guest with Linda Ward on the CBC Weekend Business Panel. You can view a video of the segment here.

Not only can Canada go 100% #WWS for all energy (electricity, transport, buildings, industry) with existing hydro for baseload and peaking, but no batteries, at much lower cost than with fossils, but so can Russia & Icelandhttps://t.co/n1pTQ7xCYNhttps://t.co/DzuTviU49n https://t.co/XI4pal5vyk

— Mark Z. Jacobson (@mzjacobson) August 11, 2023