Latest posts

Household Debt Hits $12.4 Trillion As Subprime Loan Delinquencies Hit Highest In 6 Years: NY Fed

Latest snapshot of the US auto loans – subprime loans continue to rise while their delinquency rate deteriorates notably.

November 30, 2016
In-depth topic: Peak debt
Finance & Economy

Wind Surges to Nearly 15 Percent of Texas Power Supply

Texas, the clear window power leader in the US, generates nearly 15 percent of its power from wind in 2016, making it third after coal and natural gas.

November 29, 2016
In-depth topic: Renewable energy

End of Growth Rattles Our Economic Constructs

Conventional economists and monetary practitioners take it as gospel that economic growth is both a necessity for our well being and something which can be projected indefinitely into the future. The end of growth as we are now witnessing, then, would fundamentally alter the constructs upon which our economy is based, with far reaching impacts.

November 27, 2016
In-depth topic: Monetary reset
Finance & Economy

Huge free trade penalty against Canada

Government of Ontario lost its case in a private ISDS secret tribunal with its moratorium on offshore wind turbines. $28 million assessed.

Europe’s “Massively Over-Subscribed” Long-Dated Bond Bloodbath

The acute pain from the sharp rise in interest rates on the heels of the US presidential election upset is broadly felt across the fixed income markets this past two weeks.

November 20, 2016
In-depth topic: Monetary reset
Finance & Economy

Exxon Signals Major Trouble Ahead for Oil Industry

The latest financial report from ExxonMobil sounds a major alarm bell that the oil industry is in serious – very serious – trouble.

November 12, 2016
In-depth topic: Peak oil


A very big-picture look at how the end of growth will bring on a paradigmatic shift, global rising discontent and reverse of glottalization and centralization prevalent in the past decades after the last world war.

October 23, 2016

Global Financial Crisis Act II – Deutsche Bank Part 2

Part 2 of the series describes the sequence of a typical bank failure and explores the list of options available to Deutsche Bank and the likely outcomes.

October 3, 2016
In-depth topic: Monetary reset
Finance & Economy

Global Financial Crisis Act II – Deutsche Bank

The commercial break at the close of the opening act of the global financial crisis in 2008 is finished. Here comes Act 2 with the globe’s most risky bank as featured guest.

October 2, 2016
In-depth topic: Monetary reset
Finance & Economy

Revealed: Australian miner used arbitration threat to upend Indonesian environmental law

Under the country’s prior military dictatorship, Australian Newcrest Mining plus 12 other companies were granted ‘exemptions’ from Indonesia’s law banning environmentally destructive form of mining in protected forest areas. When the newly democratized …

September 17, 2016
In-depth topic: Investor State Dispute Settlement (ISDS)