Poised for pain: who will buy, when the all ‘passives’ want to sell?

Some worthwhile big picture commentary in this segment.

With sky high equity valuations, economic uncertainty, plus concerns over interest rates, central bank reactions and debt, the risks are rising. With a stellar cast, The Big Story – Edge of The Cliff, examines the potential for a major market correction and what that means for investors, in a world of complacency and compressed volatility.  Filmed in September 2017.
Here is a direct video link.

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CBC: Abacus bank: small enough to jail

This expose is disturbing and worth watching. The largest investment bank executives remain ‘too big to jail’ today, and are still queering, even writing, public policy in their favor, while effectively buying off the regulatory and legal response to their ongoing malfeasance. As a result, only small players face personal liability and, in some cases, make convenient scapegoats.

Massive fraud by several of the biggest U.S. banks took the global economy to the brink of collapse in 2008. But only one small bank was ever prosecuted for fraud.

Here is a direct video link.

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World’s first floating wind farm in Scotland

Some people thought we were crazy when we put a giant wind turbine on top of a floating spar structure and towed it out to sea. But it turned out to be the future, and the future is now. This year we made a giant leap forward as we installed and started producing electricity from the world’s first floating wind farm. The 30 MW Hywind Scotland pilot park will demonstrate the feasibility of future commercial floating wind farms that could be more than four times the size. This will further increase the global market potential for offshore wind energy, contributing to realising Statoil’s ambition of profitable growth in renewable energy and other low-carbon solutions. Here is a direct video link.

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