Who’s Powering the War on Cash? by Don Quijones • Oct 19, 2016 • 96 Comments The Alliance is in place.
US Freight Volume Drops to Lowest Level since 2009, “Industrial Recession” Hits Full Stride, Overcapacity Crushes Rates by Wolf Richter • Oct 19, 2016 • 36 Comments “We’ve been patiently waiting for the consumer.”
EVs May Send Big Oil into “Investor Death Spiral”: Fitch by Wolf Richter • Oct 18, 2016 • 169 Comments Demand will dry up.
Shadow Banks, No-Down-Payment Subprime Mortgages in Canada’s House Price Bubble by Angela Johnson • Oct 18, 2016 • 65 Comments “I don’t believe we are going to have a major, major collapse in housing.”
The Economy is Cracking under Too Much Debt by Wolf Richter • Oct 18, 2016 • 19 Comments Wolf Richter on Chris Martenson’s PeakProsperity.
It Starts: Shutdowns, Production Cuts, Layoffs at Auto Plants by Wolf Richter • Oct 17, 2016 • 47 Comments “We continue to match production with demand”: Ford
Is this Why US Industrial Companies Don’t Invest? by Wolf Richter • Oct 17, 2016 • 55 Comments Production lower than 2 years ago, capacity utilization is ugly.
Rattled German CEOs Seek “Revival of Germany Inc.” as “Protective Wall” against US and China by Wolf Richter • Oct 17, 2016 • 82 Comments In response to the “destabilization of the world.”
Why Italy’s Banking Crisis is Spiraling to Heck by Don Quijones • Oct 16, 2016 • 27 Comments €4.8 billion window-dressing to cover a growing €360 billion hole
Biggest Nuclear Boondoggle Ever: Taxpayers, Pull out Your Wallet, Costs Exploded Again by Wolf Richter • Oct 15, 2016 • 114 Comments How the Nuclear Energy Lobby Eats up Global Taxpayer Billions.
