West-Coast Port Fiasco Does ‘Permanent, Irrevocable Damage’ by Wolf Richter • Mar 6, 2015 • 14 Comments Both sides hold gun to nation’s head. Gun backfires.
Get Ready for a “Zero Returns” World by Bill Bonner • Mar 5, 2015 • 5 Comments Where is that old and tattered “Crash Alert” flag?
The Great Financial Shuffle by David Stockman • Mar 5, 2015 • 2 Comments What the Actavis ‘quasi-junk’ bond deal said about the power of financial engineering.
“Default Monday”: Oil & Gas Companies Face Their Creditors by Wolf Richter • Mar 5, 2015 • 14 Comments It has started: “restructuring” and “bankruptcy” suddenly the operative terms.
Austria ‘Pulls Ripcord’ on Bailouts, Lets ‘Bottomless Pit’ Hypo Alpe Bank Drag State of Carinthia into Bankruptcy by Wolf Richter • Mar 4, 2015 • 13 Comments A “long-yearned-for shock of liberation” for taxpayers.
Christina Goes to War with Argentina’s Soy Farmers to Get Their US Dollars by Bianca Fernet • Mar 4, 2015 • 2 Comments The Kirchner government has reached the end of the rope.
Macau Bleeds, Warns About Chinese Economy by Wolf Richter • Mar 3, 2015 • 8 Comments The worst plunge in its history after years of phenomenal growth.
The Unnerving Thing Wells Fargo Just Said About the Auto Boom by Wolf Richter • Mar 2, 2015 • 13 Comments Now the spigot is getting turned off.
Crunch Time for the Global Corporatocracy by Don Quijones • Mar 1, 2015 • 15 Comments The treaty that must not be named in the US.