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Olduvai III: Catacylsm
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Bill Gross: “Our Financial System Is A Truckload Of Nitroglycerin On A Bumpy Road”

Bill Gross: “Our Financial System Is A Truckload Of Nitroglycerin On A Bumpy Road” Courtesy of Bill Gross’ latest monthly letter “Show Me The Money“, here are some perspectives on the only thing that has kept the global economy going since the financial crisis: debt, and lost of it. in 2017, the global economy has […]

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Canada’s debt-to-income ratio sets new record high at 165%

Canada’s debt-to-income ratio sets new record high at 165% Canadians now owe $1.65 for every dollar of income they have at their disposal. (Joe Raedle/Getty Images) The ratio of household debt to disposable income hit a new record in the fourth quarter of last year. Statistics Canada says the ratio rose to 165.4 per cent […]

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That 70s show – episode 4

That 70s show – episode 4 We have shown in the previous three episodes (episode 1, 2 and 3) how the US economy structurally changed after Nixon took the US off gold, letting the Federal Reserve do what it does best. Obviously, with the “hard” anchor of the US dollar cut loose, the rest followed suit. It is telling […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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