The State of the American Debt Slaves, Q3 2019 by Wolf Richter • Nov 8, 2019 • 201 Comments Paying the University-Corporate-Financial Complex and the big bifurcation.
Subprime Auto Loans Blow Up, 60-Day Delinquencies Shoot Past Financial Crisis Peak by Wolf Richter • Oct 25, 2019 • 123 Comments Santander Consumer USA is on the forefront of souring subprime-auto-loan backed securities.
Why Online Shoppers Face Peculiar Results on Black Friday by Wolf Richter • Oct 22, 2019 • 66 Comments “Dynamic Pricing” Online: Are Prices on Black Friday Actually Good Deals?
Braindead or Willfully Manipulative? How the Media Reported Retail Sales by Wolf Richter • Oct 16, 2019 • 72 Comments Like a centrally directed disinformation campaign. Here’s what happened.
Carmageddon for Tesla in Q3, GM Pulls Out All Stops, Ford Withers, Auto Sales at 1999-2000 Level by Wolf Richter • Oct 3, 2019 • 116 Comments But consumers spent a record amount on new vehicles in Q3 due to record prices.
How Employees & Employers Get Bled by Health Insurance by Wolf Richter • Sep 25, 2019 • 181 Comments Something is seriously wrong with this system.
Drama in the Oil Markets, But This Isn’t 2007 Anymore by Wolf Richter • Sep 16, 2019 • 168 Comments How the US shale boom changed the equation. If the attacks on Saudi oil facilities had occurred in 2007, it would have caused chaos in the US economy.
Men’s “Real” Earnings Below 1973 Level: Census Bureau by Wolf Richter • Sep 10, 2019 • 186 Comments Top 20% households made out like bandits, bottom 40% got crushed.
THE WOLF STREET REPORT: What to Do About the Student-Loan Fiasco? by Wolf Richter • Sep 8, 2019 • 218 Comments OK, I’m going to wade into this debate — but with my boots on.
Here’s What I’m Worried About. And It’s Not a Recession by Wolf Richter • Sep 4, 2019 • 127 Comments A rout in the hyper-inflated bond market can blow up everything at this point.