Tag Archives: meltdown

Credit Rating Agencies gave bad debt AAA ratings

How banks gamed the rating system from biz.yahoo.com April 2008 Triple-A Failure Nothing sent the [credit ratings] agencies into high gear as much as the development of structured finance. As Wall Street bankers designed ever more securitized products — using … Continue reading

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New York Times: Global Bond Frenzy Raises Concerns

Global Bond Frenzy Raises Concerns Feb 19, 2014. Landon Thomas. New York Times Global bond investors have financed some of the most enormous projects ever taken on by emerging economies the past few years. Now growth is faltering in many … Continue reading

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Mass Destruction from Derivatives HuffingtonPost

The Armageddon Looting Machine: The Looming Mass Destruction From Derivatives Sep 18, 2013. Ellen Brown. Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system. The shadow banks, although … Continue reading

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Nuclear Power Plant Melt-downs, accidents, and failures

Obviously nuclear power plants will continue to fail in the future from earthquakes and tsunamis (Fukushima) and human failure (Chernobyl). But nuclear power plants will also fail for no apparent reason at all due to reasons explained in detail here: … Continue reading

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