…back in 2008 and early 2009, Spanish regulators were riding high after their country’s banks seemed to have dodged the financial crisis with minimal losses.…
Lauren Lyster interviews Francine accounting and regulatory guru Francine McKenna.
The other day the IRS announced new rules for settling tax liabilities for individuals. It’s a sweet deal. I thought that was interesting. Then yesterday we get an announcement from Altria (MO) that they too have cut a deal with the boys at the IRS. …
Sydney Morning HeraldBHP Decision Looms On US Shale Writedown – ExecutiveFox BusinessBHP Billiton Ltd. (BHP) will decide later this year on whether the slump in US gas prices will force a writedown on its shale assets there, as it continues to switch i…
ForbesApple Taxes & PRForbesWho wasn't talking about this weekend's New York Times expose of how America's (and the world's) most beloved company uses creative accounting and legal tax loopholes to avoid paying its fair share of tax…
Central Planning has crippled the real estate market to “save” their core constituency, the banks.
If you were head of Central Planning (howdy, Ben!) and were tasked with crippling the real estate market, here’s what you would recommend.
1. C…
Obviously, Black Friday will be a failure.
Disposable household income is down. House values are down. Stock values are down. Net worth, at least by any honest measurement is down. Savings return no income, and have no prospect of doing so. Governmen…
A bubble in money-speak, is something that gets bigger as long as there is hot air being pumped in to sustain it all.
Leverage is typically the sustaining source for bubble price rises. But secondarily, there is the problem that the asset itself, what…
BENTON HARBOR, Mich. — Every first and third Monday of the month for as long as anyone can remember, this city’s elected commissioners have gathered in their musty second-floor chambers to contend with issues large and small — reports of gapin…
https://therealassetco.com/Articles/Article.aspx?a=583
Quote“With gold accounting for so little of global assets, McGuire says, only a small shift in asset preferences — from currencies to gold or bonds to gold — would cause a major price increa…