Why the Beautiful New Greek Government Is Screwed by Wolf Richter • Feb 6, 2015 • 21 Comments The Greeks have lost their sharpest weapon: the financial markets.
In Search of Cheap Labor in Tech: Behind the H1-B Visa Scenes by Wolf Richter • Feb 5, 2015 • 49 Comments “They’re bringing in people with a couple of years’ experience to replace us, and we have to train them.”
Oil Glut Gets Worse – Production, Inventories Soar to Record by Wolf Richter • Feb 4, 2015 • 9 Comments “Oil markets rarely exhibit V-shaped recoveries.”
How Long Can Central Banks Push Bonds to Absurdity? by Wolf Richter • Feb 4, 2015 • 14 Comments Throw enough money at anything, and you’ll kill it.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”
Canada Mauled by Oil Bust, Job Losses Pile Up – Housing Bubble, Banks at Risk by Wolf Richter • Feb 1, 2015 • 28 Comments What ratings agency Fitch and the Bank of Canada had warned about has come to pass.
Oil Price Soars, Rig Count Plunges Worst Ever, But Bloodletting Just Beginning by Wolf Richter • Jan 30, 2015 • 8 Comments Oil companies are dead-serious about slashing costs. A matter of survival.
The American Dream Dissipates at Record Pace by Wolf Richter • Jan 30, 2015 • 7 Comments Instead of a home, let them buy toxic, rent-based, synthetic structured securities.
“Recipe for Disaster”: Canadian Government to Expand State Surveillance Powers (Again) by Wolf Richter • Jan 29, 2015 • 2 Comments The “spillover effects” of overbroad anti-terror legislation.
“Oil Capital of California” Declares Fiscal Emergency by Wolf Richter • Jan 29, 2015 • 3 Comments Oil bust, sins committed & false promises made in good times sink Kern Country.
