Venezuela Escapes Bankruptcy for Now… But Oil Production Continues To Plunge by Nick Cunningham • Oct 24, 2016 • 13 Comments Investors buckled, but the country’s plight is only getting worse.
Smartwatch is Dead, Market Implodes, Apple Watch Shipments Collapse by Wolf Richter • Oct 24, 2016 • 94 Comments The market “experienced a round of growing pains.”
How the Ballooning “Pension Crisis” Will Impact the Economy by James Murray • Oct 24, 2016 • 82 Comments It’s not just the Dallas Police & Fire Pension Fund.
Italy’s Banking Crisis Gets Addressed: How to Conceal a Problem that Threatens to Engulf the Entire Eurozone by Don Quijones • Oct 23, 2016 • 33 Comments The art of Making Bad Debt Disappear.
I Went to a Wells Fargo Branch, this is What Happened Next by Wolf Richter • Oct 23, 2016 • 140 Comments They have learned nothing.
Tiny Region of Wallonia in Small Country of Belgium Trips up Global Corporatocracy by Don Quijones • Oct 22, 2016 • 85 Comments “Thinly veiled threats” from corporations.
China House Price Bubble Soars Most Ever, Government Freaks out, Preannounces Plunge by Wolf Richter • Oct 21, 2016 • 27 Comments This has never happened before, ever.
Is Chicago’s Housing Market Next? by Wolf Richter • Oct 21, 2016 • 35 Comments There’s just no letup in dismal tidbits piling up about big-city high-end condo markets.
To Some, it “Feels More Like a Crash” by Wolf Richter • Oct 20, 2016 • 68 Comments These US Markets Have Cracked, and the Cracks are Spreading.
Who Benefits from the Wind-Power Boom in the US? by Contributor • Oct 20, 2016 • 59 Comments A windfall, so to speak, for many rural counties.