Junk-Bond Bubble Implodes Beyond Energy, Deals Scuttled, Yields Soar, Suddenly “Insufficient Demand” by Wolf Richter • Jan 27, 2015 • 12 Comments A sense of unwelcome reality hits non-energy junk-rated companies.
Greece’s Hard Choice: Escape or Merely Reset EU Servitude by David Stockman • Jan 26, 2015 • 13 Comments The “Syriza Shock” – beginning of the end of unimpeded rule by elitist apparatchiks who dominate central banks and the economic policy machinery.
How Capitalism Dies by Bill Bonner • Jan 26, 2015 • 15 Comments How is it possible for the average American to get poorer at a time that should have been the most productive and prosperous ever?
I Have a Mineral Royalty in Texas, and This Is What Happened by WOLF STREET Reader • Jan 26, 2015 • Comments Off on I Have a Mineral Royalty in Texas, and This Is What Happened The oil bust in personal dollars and cents.
Debt and Fracking at Low Oil & Gas Prices: Wave of Defaults, “Outright Liquidations” Next by Wolf Richter • Jan 25, 2015 • 3 Comments Time and money are running out for junk-rated energy companies.
Troika Punches Panic Button on Greece and Spain by Don Quijones • Jan 24, 2015 • 32 Comments Overriding dilemma: “Debts that can’t be repaid, won’t be repaid.”
Billionaire’s Dream: Uber’s New American Economy by Larry Kummer • Jan 23, 2015 • 14 Comments Who gets the crumbs in the ironically named “sharing economy”?
Oil Drilling Cut Fastest Since Stock Market Crash by Wolf Richter • Jan 23, 2015 • 2 Comments US oil rig count swoons.
Germany: ‘Got Gold?’ – Draghi: ‘Try Some Bananas’ by Wolf Richter • Jan 23, 2015 • 1 Comment Germany had a self-inflicted bad-hair day, you’d think. With a hilarious cartoon.
This Chart Shows Why the Oil Bust Will Last by Wolf Richter • Jan 22, 2015 • 5 Comments Soaring US crude oil inventories.
