insolvent banks

Structural Ideas for the Economic Rescue – Fractional Homes and New Banks
Mom used to say, “If you don’t have something nice to say, don’t say anything at all.” I clearly ignored that advice in the previous chapter, with the “mad as hell” opening and analogies to an exploding meth lab run by the neighbors. This [...]

Stupid Financial Technology Tricks and Global Economic Collapse
Like many others from the stock side of greater Wall Street, I felt blindsided by the events of 2008. “Blindsided” is actually a gross understatement; I felt like the guy who comes home and finds the neighbors were running a meth lab that has exploded and flattened the [...]