by Don Quijones • • Comments Off on The Global Corporatocracy Is Nearing Completion
Quietly, the rules governing global trade and financial markets are being changed. Despite the enormous impact they have on our lives, the public is not consulted. Most people are not even aware it is happening.
No, I didn’t sell out, though I had an offer. Don’t worry, I won’t go mainstream. Or go soft on Wall Street. I won’t water down my sarcasm, either. But there are big changes coming.
by David Stockman • • Comments Off on Canary In A Handbag: Why Coach Hit The Skids
Coach just had an earnings fiasco. Sales plunged 21%. Prospects are worse for the period ahead. Store closings are coming. That’s the payoff for playing the destructive game of the Wall Street casino.
by Wolf Richter • • Comments Off on Last Time Corporate America Did This, The Stock Market Crashed
So what happens when these huge and reckless buyers with their nearly endless resources start cutting back after a phenomenal peak? Well, we know what happened in 2008.
by Oilprice.com • • Comments Off on In Search Of Russia’s Lost Fracking Boom
Gazprom’s mega-deal with China sent shockwaves around the world. But Gazprom might not be able to honor the deal if shale reserves are not tapped soon. And that might not happen because capitalism à la russe is a harsh mistress.
by Wolf Richter • • Comments Off on This Debt Is Explosive, And it Sits on the Shelf Everywhere, Waiting to go off
I was interviewed by Jorge Nascimento Rodrigues for “Janela na web” (a Portuguese site) and the printed edition of Expresso. After what I said, he might never interview me again :-]
