Wednesday, November 11, 2015


An Idiocracy is a society that never learns. They just keep making the same mistakes and trusting the same proven psychopaths over and over again...

This just in:

Debt has doubled since 2008 and interest expense has grown 40%:

BBG: Oct. 14, 2015
Companies' Ability To Service Debt Is Lowest Since 2009

"a metric called interest coverage, is at its lowest since 2009"

"Balance-sheet deterioration is `alarming,'"

"Companies that have already issued $9.3 trillion in new debt since the financial crisis are trying to keep the cheap-debt party raging as long as they can"