It Gets Ugly in Brazil by Wolf Richter • Dec 1, 2015 • 18 Comments “Pretty Soon We Have to Start Labeling this a Depression”: Goldman on Brazil.
Undeterred By Global Glut, US Pushes Ahead On LNG Exports by Oilprice.com • Dec 1, 2015 • 15 Comments “Nobody really is making money from LNG now.”
Subprime “Alt”-Mortgages from Nonbanks, Run by former Countrywide Execs, Backed by PE Firms Are Hot Again by Wolf Richter • Dec 1, 2015 • 46 Comments Housing Bubble 2 comes full circle. But this time, it’s even bigger.