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Better A Year Early Than A Day Too Late

August 22, 2017

livelifehappy.com Better A Year Early Than A Day Too Late Preparation only has value if it’s done in advance He who hesitates is lost. ~proverb Change, especially a collapse scenario, often happens quite fast. So fast that there’s little to no time to react in the short frenzy between “before” and “after”. This is true […]

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Former Treasury Secretary says banks may be riskier now than in the 2008 crisis

September 17, 2016

Former Treasury Secretary says banks may be riskier now than in the 2008 crisis “Sir. SIR! This your bag,” the TSA agent barked at me last week, more as a statement than a question. “It is.” “Are you carrying any liquids?” I knew immediately; I had forgotten about the bottle of water that I had […]

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Corruption, resources, climate and systemic risk

April 10, 2016

Corruption, resources, climate and systemic risk Corruption is a loaded word. One person’s corruption is another’s sound social policy. Some people believe providing unemployment benefits to laid-off workers corrupts them by making them “lazy.” Many others think such benefits are sound social policy in an economic system that is prone to major cyclical ups and […]

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New law proposed to shift bank failure risk from taxpayers

March 23, 2016

New law proposed to shift bank failure risk from taxpayers Ottawa proposes ‘bail-in’ regime to force creditors to prop up failing banks The Liberal government says it will create legislation that shifts some of the risk in a bank failure to creditors. (Canadian Press) Canada will introduce legislation to implement a “bail-in” regime for systemically […]

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10 Key Events That Preceded The Last Financial Crisis That Are Happening Again RIGHT NOW

January 7, 2015

10 Key Events That Preceded The Last Financial Crisis That Are Happening Again RIGHT NOW If you do not believe that we are heading directly toward another major financial crisis, you need to read this article.  So many of the exact same patterns that preceded the great financial collapse of 2008 are happening again right […]

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