The Chilling Thing Smartphone Sales Said about China Debacle by Wolf Richter • Aug 20, 2015 • 17 Comments “Saturation” is the new Economic Reality. But this is Worse.
Wall Street is Running out of Time… and Money by Bill Bonner • Aug 19, 2015 • 18 Comments It’s Not Just China You Should Be Worried About.
LEAKED: GM Sees Overcapacity Fiasco in China, Hopes Americans Will Buy Lots of Chinese-Made Buicks by Wolf Richter • Aug 19, 2015 • 21 Comments The start of a tsunami. US “Manufacturing Renaissance” takes another hit.
Riskiest End of the Junk Bond Market Just Blew Up by Wolf Richter • Aug 15, 2015 • 15 Comments Worst one-day hit since the Financial Crisis.
Spain Gets Bitter Costly Foretaste of its Beloved Trade Pacts by Don Quijones • Aug 13, 2015 • 8 Comments Ah, the hypocrisy!
Wall Street Sees Junk Bond Collapse, Prepares to Profit from it by Wolf Richter • Aug 13, 2015 • 7 Comments “Maybe this isn’t a great indication of the state of the economy.”
The Oil Train Boom Is Over, Railroads Get Slammed by Oilprice.com • Aug 10, 2015 • 1 Comment Shipments of coal are drying up too.
Airbnb and its Hosts Hung Out to Dry in Barcelona by Don Quijones • Aug 10, 2015 • 11 Comments The Big Shakedown of Airbnb hosts.
Corporate Dollar Debt Explodes in Mexico as Peso Dives by Don Quijones • Aug 8, 2015 • 5 Comments Recipe for a debt crisis.
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.