bank of america



Oil Is Sinking The Markets

Subprime comparisons are now too obvious to ignore
Monday, January 25, 2016, 7:47 PM

A vast, enormous amount of junk-rated oil debt is in deep trouble. Everybody knows this, but saying so has been taboo up until now, at least in polite conversations.

But the parallels to the sub-prime market's role as the "pin that popped the bubble" in 2008 are now too obvious to ignore. » Read more


Sergey Nivens/Shutterstock

"Endless Growth" Is the Plan & There Is No Plan B

Time to develop your own plan
Tuesday, January 21, 2014, 3:41 PM

After five years of aggressive Federal Reserve and government intervention in our monetary and financial systems, it's time to ask: Where are we? 

The "plan," such as it has been, is to let future growth sweep everything under the rug. To print some money, close their eyes, cross their fingers, and hope for the best.

On that, I give them an "A" for wishful thinking – and an "F" for actual results. » Read more

Daily Digest

Image by roberthuffstutter, Flickr Creative Commons

Daily Digest 6/25 - The Illusion Of The Perpetual Money Machine, BofA Whistleblower Was "Told To Lie"

Tuesday, June 25, 2013, 11:23 AM
  • Turbulent times ahead: Q&A with economist Didier Sornette
  • The Illusion Of The Perpetual Money Machine
  • The Banker Who Was God
  • Bank of America whistle-blower’s bombshell: “We were told to lie”
  • Alberta flooding could wipe $2-billion from Canadian economy in June
  • Bell accused of breaking labour law with unpaid interns
  • David Stockman: Market Downturn A Global Adjustment To Fed Easing
  • A Fiscal Train Wreck
  • Is Deep Sea Mining Worth The Risk?