Tag Archives: meltdown

Climate change risks could cause an American “Fukushima”

Posted on August 10, 2019 by

Preface. Nuclear power plants need a constant supply of electric power to pump cool water into a reactor’s core. Ninety percent of them, 54 plants, have at least one flood risk exceeding their design. If flooding stops the power supply … Continue reading →

Posted in Climate Change, Nuclear Waste | Tagged , , , | 2 Comments

Credit Rating Agencies gave bad debt AAA ratings

Posted on March 3, 2014 by

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

Posted on March 3, 2014 by

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

Posted on March 1, 2014 by

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 →

Posted in Crash Coming Soon, Derivatives | Tagged , , | 1 Comment