Spreading the truth. Empowering the people.
The private debt boom. Assets under management in private debt have tripled over the past decade to $812 billion, according to Goldman Sachs data. Because why earn 6% in junk … Read more
by Dr. Eowyn More insanity from the city government of Portland, Oregon. Lashay Wesley reports for KATU News that on Nov. 12, 2019, the City of Portland’s 11-member Planning and Sustainability Commission narrowly approved … Read more
by SpontaneousDisorder archive.ph/r4LEr Private credit has boomed globally as banks, under pressure from regulators since the global financial crisis to reduce risk, have pulled back from lending to smaller, potentially … Read more
Goldman Sachs’ private equity clients are not feeling good about the global economy. According to the bank’s chairman of investment banking, “Every one of our clients is focused on being … Read more
by confoundedinterest Another consequence of Central Banks pushing interest rates extremely low … and ever negative. (Bloomberg) — Investors plowing cash into private assets may recall the words of Wall Street legend Barton … Read more
Google defends amassing health data on millions of people. Google has come under scrutiny after a report in The Wall Street Journal noted that a newly signed cloud computing deal with a … Read more
by WARREN MOSLER The private sector tends to be pro cyclical- tightening as the economy slows, thereby making it worse:
by howmuch Cloud computing is changing the economy and transforming the way millions of people work, and private companies with multibillion dollar valuations are at the forefront of the disruption. … Read more
by DCG Lawrence arriving in RI via private jet/Splash News photo TDS-infected Jennifer Lawrence is – like most folk in Hollyweird – a flaming hypocrite. In 2017 she said the … Read more
by Frank Holmes, CEO, U.S. Global Investors The rich are getting richer and the poor are getting poorer, and for that we can largely blame policies of envy that increasingly … Read more
by SpontaneousDisorder Got the title from this tweet twitter.com/lisaabramowicz1/status/1177029332608409600 And if you’re paywalled…………… The emergence of racier high-yield bond deals in Europe may be pointing to a market that’s reaching … Read more
via WSJ: Beneath China’s stable headline numbers, there is a growing belief that the real picture is much worse By Mike Bird and Lucy Craymer Sept. 8, 2019 12:29 pm … Read more
The Democrat U.S. senator and presidential hopeful Kamala Harris has shared her vision to overhaul the country’s criminal justice system: ambitious plans include legalising marijuana, ending the death penalty and … Read more
Motor vehicle departments around the United States are taking drivers’ personal information and selling it to a range of businesses, including private investigators, generating millions of dollars in revenue, said … Read more
Their entire ad campaign from what i’ve seen is “no banks and no fees” Apple Card is here. A new kind of credit card. Created by Apple, not a bank. … Read more
by Simon Black The year was 1967. Ronald Reagan had just become governor of California. Aretha Franklin was belting out R-E-S-P-E-C-T on the radio. Marxist revolutionary leader Che Guevara was captured … Read more