Economy Finally Reaches “Escape Velocity,” Heads South by Wolf Richter • Mar 17, 2015 • 12 Comments The oil bust strikes again.
The 10 Worst “Sinkhole States” in America by Wolf Richter • Mar 16, 2015 • 10 Comments Where taxpayers shoulder the largest burden of state debt.
Junk-Rated Oil & Gas Companies in a “Liquidity Death Spiral” by Wolf Richter • Mar 15, 2015 • 6 Comments The bottom of the energy sector – smaller junk-rated companies – is falling out.
US Government Plans to Bail out Oil Industry, Consumers to Pay by Wolf Richter • Mar 13, 2015 • 21 Comments Announced Friday evening when consumers aren’t supposed to pay attention.
The US Oil Bust Just Got Worse by Wolf Richter • Mar 13, 2015 • 7 Comments Fracking is its own worst enemy.
Household Debt Soars in Canada, “Stability” at Risk by Wolf Richter • Mar 12, 2015 • 12 Comments Just when oil collapsed, housing stumbled, and layoffs began.
That’ll Kill the High-End Housing Boom in US Trophy Cities by Wolf Richter • Mar 12, 2015 • 15 Comments A privilege rich foreigners have that Americans lack when buying a home in the US.
Last Time This Ratio Spiked, Stocks Crashed by Wolf Richter • Mar 11, 2015 • 13 Comments A sudden Lehman-Moment-like spike, but worse than in October 2008.
Housing Construction Skids in Canada, Crashes in Oil Patch by Wolf Richter • Mar 10, 2015 • 4 Comments Gravity inconveniently inserts itself into a phenomenal boom.
Apple Comes Out with a Watch, and Look What Happens by Wolf Richter • Mar 9, 2015 • 14 Comments Total dominance over the media.