PBS: A shocking new look at the 2008 crisis

Not that ‘shocking’ for those of us noting the enablement and enrichment of systemic predatory finance over the last 15 years…

Award-winning journalist Aaron Glantz’s latest book, “Homewreckers,” takes a shocking new look at America’s 2008 housing crisis. It’s a tale of greed and corruption, as Glantz pulls back the curtain on a group of Wall Street magnates who he says took advantage of a rigged system. Moreover, as Glantz tells Hari Sreenivasan, these “homewreckers” include key members of President Trump’s inner circle.

Here is a direct video link.

Posted in Main Page | Comments Off on PBS: A shocking new look at the 2008 crisis

Cleantech Talk on transitioning the world to 100% renewable energy

In this special two-part episode of our CleanTech Talk podcast interview series, Michael Barnard, Chief Strategist of TFIE Strategy Inc. and CleanTechnica contributor, talks with Mark Z. Jacobson, professor at Stanford University and cofounder of The Solutions Project, about transitioning the world to 100% renewable energy.

Here is a direct audio link to part 1.

Here is a direct audio link to part 2.

Posted in Main Page | Comments Off on Cleantech Talk on transitioning the world to 100% renewable energy

Danielle’s biweekly market update

Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here.

As the US Fed announced a rare inter-meeting rate cut yesterday, North American Treasury yields slumped to record lows in a vote that what’s ailing the world today can’t be resolved by central banks.

As for stock markets, it’s important to note that sustained rate-cutting cycles are not bullish.  As shown below in my partner Cory Venable’s chart, the US Fed slashed rates from 6% in 2000 to 1% in 2003, and 5.25% from the cycle peak in 2006 all the way to 0.25% by 2008, and still, 50%+ bear markets unfolded.  A drop back to 0.25% this cycle, while probable, is unlikely to prevent a larger than average bear market decline.

Posted in Main Page | Comments Off on Danielle’s biweekly market update