California
California MUST Have Magnificent, Endless Bubbles in Housing, Stocks, And IPOs – Or Go Broke Again
by Wolf Richter • • Comments Off on California MUST Have Magnificent, Endless Bubbles in Housing, Stocks, And IPOs – Or Go Broke Again
Cracks In The Tech Bubble (That Doesn’t Exist)
by Wolf Richter • • Comments Off on Cracks In The Tech Bubble (That Doesn’t Exist)
Housing Bubble 2.0 Hits Messy Resistance In California
by Wolf Richter • • Comments Off on Housing Bubble 2.0 Hits Messy Resistance In California
California Water Crisis Meets (Already Iffy) Fracking Boom
by Oilprice.com • • Comments Off on California Water Crisis Meets (Already Iffy) Fracking Boom
Offshore Fracking (And Dumping Chemicals Into Coastal Waters) Beyond The Public Eye
by Oilprice.com • • Comments Off on Offshore Fracking (And Dumping Chemicals Into Coastal Waters) Beyond The Public Eye
Next Shoe to Drop in Broke California’s Lopsided ‘Recovery’
by Wolf Richter • • Comments Off on Next Shoe to Drop in Broke California’s Lopsided ‘Recovery’
Silicon Valley Frenzy: Big Bucks, Big Data, and Spying
by Wolf Richter • • Comments Off on Silicon Valley Frenzy: Big Bucks, Big Data, and Spying
The government spy-services marketplace, part of Big Data, is juicy. Investors clamor to get in on it. Scores of startups have sprung up. The hottest one is Palantir. Its valuation jumped 50% in three months – to $9 billion! Its technologies, designed for the CIA to track terrorists, have transitioned to track you and me.
The Day The Bubble Became Official, And Everyone Was Happy
by Wolf Richter • • Comments Off on The Day The Bubble Became Official, And Everyone Was Happy
American Boondoggle Meets Chinese Methods
by Wolf Richter • • Comments Off on American Boondoggle Meets Chinese Methods
BYD, the name of a Chinese electric vehicle and solar panel maker, stands for “Build Your Dream.” Maybe that’s what they’re trying to do in China. But here, they’re building a nightmare: broken promises, falsehoods, design flaws… all lushly funded by American taxpayers. And they paid Chinese workers in California $1.50 per hour to do it.