Losses

Clean Energy Hydro Plant In Canada Dubbed A "Boondoggle" After Economists Predict $8 Billion In Losses

Today in “proof governments are horribly inefficient capital allocators” news… British Columbia is currently in the process of trying to erect a massive hydro dam called the “Site C Clean Energy Project” on the Peace River. The point of erecting the dam was to implement the province’s “green and clean” energy policy and try to create…

WTI Extends Losses After Surprise Crude Build

Oil prices extended their losses today, with WTI back below $47 at its lowest in a week, as fears of a rapidly spreading COVID strain struck fear in the vaccine-hopers expecting a return to normal. “This sudden, panicked action by government around the world points to the risk of even more widespread lockdowns and travel…

Losses From Student Loans May Eclipse Subprime Crisis

As regular readers know, we’ve been keeping tabs on the mounting risks in the student loan market for years, as an ongoing racket between lenders and universities have pushed tuition to astronomical levels – leaving millions of graduates with mountains of debt for expensive credentials they can’t reasonably repay. Now, according to a new analysis…

“We’ll Get Fu*king Torn Apart Again In 2022”: Democrats Livid In Leaked Caucus Call After Crushing Election Losses

House Democrats were livid during a Thursday caucus call after the so-called ‘blue wave’ they were promised by pollster evaporated, and they lost several seats, according to leaked excerpts. According to AP‘s Erica Werner, Virginia Rep. Abigail Spanberger was reportedly the most vocal – reportedly complaining that “we lost races we shouldn’t have lost. Defund…