“Cash Must Not Be Made the Scapegoat” by Don Quijones • Feb 22, 2018 • 40 Comments In the War on Cash, a rare defense of physical money by an ECB Board Member.
What will Spiking Mortgage Rates, High Home Prices, & the New Tax Law Do to the Housing Market? by Wolf Richter • Feb 21, 2018 • 128 Comments Surging home prices have primed the housing market for this.
After Years of Crisis in Spain, Pensioners Next to Feel the Pain by Don Quijones • Feb 21, 2018 • 37 Comments Doubts emerge as to who is saving whom.
Why do Billionaires Keep Buying US Newspapers despite their “Terrible Future,” as Buffett Said? by Wolf Richter • Feb 20, 2018 • 68 Comments Today Buffett’s own newspaper conglomerate announced the 2nd round of layoffs in 10 months. Here are the billionaires that bought US papers.
How GM Is Shaking Down South Korean Taxpayers by Wolf Richter • Feb 20, 2018 • 39 Comments The threat of Carmageddon for jobs.
RBS Forgery Scandal Metastasizes Days before Crucial Earnings Report by Don Quijones • Feb 20, 2018 • 20 Comments The bailed-out megabank hasn’t had a single year in the black since 2007.
US Treasury Posts Gigantic $1.16 Trillion Shortfall in Fiscal 2017, Hilariously Points out “Where We Are Headed” by Wolf Richter • Feb 19, 2018 • 130 Comments Just add tax cuts and ballooning expenditures. The media chose to silence the report to death.
“Blockchain” Stocks Completely Disintegrate by Wolf Richter • Feb 18, 2018 • 63 Comments Black Friday for them. Meet the OTC’s “skull and crossbones.”
What’s Going on with Stocks, Gold, Silver, Oil, and Mortgages? by Wolf Richter • Feb 18, 2018 • 26 Comments Was the selloff in stocks just a brief correction, or a sign of greater significance?
Rising Interest Rates: New Era with Tough Outcomes by Wolf Richter • Feb 17, 2018 • 55 Comments Wolf Richter with Jim Goddard on “This Week in Money“
