Corporations import Third World deflation (poverty) and Central Banks turn it into 0% capital for speculation. It’s exactly what an Idiocracy would do, given the chance. Instead of questioning the use of 0% interest rates to fix a catastrophe caused by 1% interest rates, the Idiocracy went to work monetizing poverty.This entire creep show…0% interest rates, blue light specials, stock […]
Think of dozens of different derivatives … of the same company.Suppose Boeing has an exciting airline project that is riskier than most airline projects. One way to do this is to create different classes of shares that cover different risk profiles. There will be Boeing A Shares, Boeing B Shares and a Boeing R Share for higher-risk projects. Those will likely trade […]
SummaryThe situation in Iraq is almost certain to get worse before it gets better.
Markets are vulnerable if the situation gets significantly worse.
Oil prices look likely to head higher […]
