The Great Unwind Has Begun, Bankruptcies Soar by Wolf Richter • Aug 7, 2015 • 22 Comments A year that “makes false prophets” of those who assumed there’d be no shocks.
The Seventh-Largest Economy in the World Spirals Down by Wolf Richter • Aug 6, 2015 • 7 Comments Even HSBC, which knows a thing or two about the world, is bailing out.
A True Jobs Massacre Spreads in US Oil & Gas by Wolf Richter • Aug 5, 2015 • 10 Comments And it’s far from over.
The Unnerving Thing Global Automakers Just Said About China’s Economy by Wolf Richter • Aug 5, 2015 • 18 Comments In a “downward spiral.”
Oil Re-Bloodies the “Smart Money” by Wolf Richter • Aug 4, 2015 • 16 Comments The “liquidity death spiral.”
It Gets Ugly in Canada by Wolf Richter • Aug 3, 2015 • 12 Comments At first, there was hope that only the oil patch would get hit.
Smart Money Dumps Assets at Record Pace, But Who the Heck Is Borrowing and Buying Like There’s No Tomorrow? by Wolf Richter • Aug 2, 2015 • 12 Comments The Corporate Dumb Money.
The “Internet of Things” Gets Hacked To Smithereens by Wolf Richter • Jul 31, 2015 • 18 Comments Nothing is secure, not even drug infusion pumps in hospitals.
This is What We’ve Been Waiting for, the True Recovery of the American Economy by Wolf Richter • Jul 31, 2015 • 42 Comments Consumers Finally “Getting on with Their Lives” as Credit-Card Debt Slaves: Equifax
What’s Left of the American Dream Withers at Record Pace by Wolf Richter • Jul 29, 2015 • 30 Comments Ironic Fly in the Ointment of Our Magnificent Housing Bubble 2.