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Tag Archives: corruption
Maddow’s “Blowout”, Russian peak oil, corruption, fake news
Preface. Since this blog focuses on peak resources, I drastically rearranged my notes from this book in the order I found most interesting. I’m also interested in corruption, Putin, fake news, and more, as you’ll see below. Since the book … Continue reading
Posted in Corruption, Corruption, Peak Oil, Russia
Tagged corruption, fake news, peak oil, Russia, Ukraine
2 Comments
The rich live longer than the poor. At least 14% of wealth is hidden in tax havens
Preface. No surprises here. With peak oil close at hand, I can’t see universal healthcare and other safety nets enacted, just more and more taken away. It is so shameful the U.S. doesn’t take care of its people, it is … Continue reading
Posted in Corruption, Tax Avoidance
Tagged corruption, tax haven
Comments Off on The rich live longer than the poor. At least 14% of wealth is hidden in tax havens
Why didn’t any white collar corporate criminals go to jail after the crash?
[ This is a book review with excerpts of “The Chickenshit club: Why the justice department fails to prosecute executives”. Here is how the author Eisinger summarizes the problem and consequences: “Businesses now have privileges not seen since the Gilded … Continue reading
Posted in Corruption, Mortgages, No Jail for Bankers & Wall St execs
Tagged corruption, democracy, white collar crime
1 Comment
Corruption and economic instability in the news
[ I can’t keep up with the flood of news about corruption, fraud and economic instability, which is just a symptom of the real problem: the end of growth. In a credit/debit system, lenders won’t lend if they think the … Continue reading
Posted in ! About Corruption, Decline, Other Experts
Tagged bubble, corruption, debt, financial crash, index
2 Comments
Kurt Cobb on the true definition of corruption
Kurt Cobb. April 10, 2016. Corruption, resources, climate and systemic risk. resourceinsights.com Corruption is a loaded word. One person’s corruption is another’s sound social policy. Some people believe providing unemployment benefits to laid-off workers corrupts them by making them “lazy.” … Continue reading
Posted in Corruption, Kurt Cobb
Tagged corruption, sustainability
Comments Off on Kurt Cobb on the true definition of corruption
When will the corrupt financial system cause another financial collapse?
[ Conventional oil production peaked in 2005-6, so if a financial crash occurs, the net energy cliff will be much steeper on the other side, since new projects won’t get financed, and unconventional oil is very expensive to produce and … Continue reading
Posted in Banking
Tagged banks, corruption
Comments Off on When will the corrupt financial system cause another financial collapse?
Why economic corruption or an oil decline will lead to a financial crash, depression, and permanent energy crisis
This is the introduction to the Corruption category under the Menu item 3) Fast Crash. The posts in this category show that another, much worse crash, is inevitable. Meanwhile, low oil prices have led to less oil production and discoveries. … Continue reading
Bankers and Wall Street take cheating to new levels
[ What follows is an excerpt of an interview between behavioral economist Dan Ariely (DA) and Graham Lawton (GL) in New Scientist 16 June 2012 “The Cheating Game“. This is yet another reason another worse crash is inevitable (in addition … Continue reading
Posted in Corruption
Tagged bank, cheating, corruption, dishonesty, wall street
Comments Off on Bankers and Wall Street take cheating to new levels
The Banking system is a House of Cards
Lynn Parramore. April 21, 2015. Our Banking System is a Giant House of Cards. Money & Banking. It Could Fall On You. Anat Admati teaches finance and economics at the Stanford Graduate School of Business and is co-author of The … Continue reading
Posted in Banking
Tagged banks, corruption, risk
Comments Off on The Banking system is a House of Cards