It’s Official: Party Now, Apocalypse Later by Wolf Richter • Nov 19, 2014 • 13 Comments That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
China’s Central Bank Makes Even the Heroic Fed Look Like a Bunch of Amateurs by Wolf Richter • Nov 18, 2014 • 6 Comments The incredibly ballooning balance sheet that no one can match (in one chart).
Fracking Wastewater Injected into Clean Aquifers in Parched California by Wolf Richter • Nov 18, 2014 • Comments Off on Fracking Wastewater Injected into Clean Aquifers in Parched California “Errors were made….” NBC Bay Area report and video.
Media “Shocked” by Japan’s GDP Fiasco? by Wolf Richter • Nov 18, 2014 • 7 Comments Turns out, destroying the purchasing power and wealth of the people also drags down the real economy.
Warren Buffett Is Dumping Stocks out the Backdoor by Wolf Richter • Nov 17, 2014 • 13 Comments His impeccable sense of timing appears to have kicked in.
“We Deserve a Better Banking System” by Wolf Richter • Nov 15, 2014 • 4 Comments An utterly frustrated banking reporter unloads about banks that are always getting away with it (pungent 2 min. video).
Italy’s Crazy New Economy from Hell by Wolf Richter • Nov 14, 2014 • 17 Comments “We are crushed by our country’s debt.”
How Low Can the Price of Oil Plunge? by Wolf Richter • Nov 13, 2014 • 15 Comments The bloodletting will go on until the money dries up.
Why the Pentagon Dreads the “Sale” of IBM’s Chip Business by Wolf Richter • Nov 12, 2014 • 5 Comments Undetectable “kill switches” built into semiconductors.
Saudi Arabia Aims at US Fracking Industry, Hits Its Own Foot by Wolf Richter • Nov 11, 2014 • 11 Comments And triggered a rout among oil producing nations.