Showing posts with label disaster. Show all posts
Showing posts with label disaster. Show all posts

Thursday, May 19, 2016

"This Is The Most Obvious Disaster In Finance. Central Bankers Don't Understand..."

This is why our financial system will collapse.  It simply isn't sustainable, as debt grows exponentially, impairing balance sheets, and reducing the creditworthiness of potential borrowers.

http://www.zerohedge.com/news/2016-05-10/most-obvious-disaster-finance-central-bankers-dont-understand

Thursday, August 21, 2014

Obamacare Is A Disaster For Businesses, Philly Fed Finds

http://www.zerohedge.com/news/2014-08-21/obamacare-disaster-businesses-philly-fed-finds
there is basically no change in the number of employees covered (17.6% higher vs 14.7% lower and 67.6% unchanged), there has been a big jump in Premiums, Deductibles, Out-of-pocket maximums, and Copays, which has been "matched" by a far greater reduction in the range of medical coverage and the size of the network.

In short a disaster.