Financial Institutions Retreating From Fossil Fuels

Lloyd’s of London is not alone. Financial institutions are retreating from investing in or insuring fossil fuel ventures. The stated Continue reading →

800K Student Loans Go Poof

Good things can happen by accident. In a situation reminiscent of the home loan crisis, some of the financial institutions Continue reading →

Puerto Rico Bankrupt

Puerto Rico is trying to declare bankruptcy because it is $70B in debt. The situation isn’t sudden; but is proof Continue reading →

Traders Shifting To Longer Bonds

Bonds are acting strange. When inflation was the norm and the world economies were growing, bonds would pay a few Continue reading →

UN Conference Suggests Jubilee

A debt jubilee may be coming. In the simplest form of a jubilee, all debts are erased. While that may Continue reading →

Possible Chinese Bubble Bursting

China has seen credit grow as the country has grown. Some think the credit growth is unsustainable. By one measure, Continue reading →

Negative Interest Rates Become Common

If you hadn’t noticed, something completely different is happening. About a third of bonds are charging negative interest rates. Instead Continue reading →

Oil Company Bankruptcies

About one-third of oil and natural gas production companies (about 175 out of 500) may go bankrupt because of the Continue reading →