Meltdown

Blain: Will The 'Green' Economy Trigger The Next Meltdown?

Authored by Bill Blain via MorningPorridge.com, Back in the last century, I spent a large part of my investment career packaging up financial assets, like mortgages, into bonds – securitisation. I was heavily involved with the acquisition financing of a US home lender… which went spectacularly wrong a few years later when we discovered to…

The Elitist NYC Dalton School Is Having A Racial Policy Meltdown

The Dalton School, one of the most prestigious private schools in Manhattan, is in the throes of a full-on racial meltdown. As The Naked Dollar blog details, the precursor of this, as first reported by Bloomberg News, was the school refusing to reopen even while most other public and private schools in New York did. (This despite the lack…

Guggenheim To Invest Up To $530 Million In Bitcoin After Roubini Twitter Meltdown

After relentlessly climbing from its March $4,900 lows, Bitcoin finally saw a modest selloff last week after rising 285% from its lows and 160% since the start of the year prompting even establishment banks such as Deutsche Bank to include it in its grouping of key asset categories… … leading to the now traditional kneejerk…