Consumer Bankruptcies Rise for the First Time since 2010 by Wolf Richter • Feb 5, 2017 • 46 Comments A red flag that’ll be highlighted only afterwards as a turning point.
These are the Countries with the Biggest Debt Slaves, and Americans Are Only in 10th place by Wolf Richter • Jan 22, 2017 • 137 Comments So who the heck are the Really Great Ones?
Another Retailer Goes Bankrupt, Shutters Stores, While Tiffany Blames Trump Tower for US Holiday Sales Debacle by Wolf Richter • Jan 17, 2017 • 56 Comments And American Apparel shuts down.
These “8 Men” Own as Much as Poorest Half of the World, Oxfam Reports as Global Elite Hobnobs in Davos by Wolf Richter • Jan 16, 2017 • 129 Comments Even in “rich countries,” more and more people “are no longer willing to tolerate the status quo.”
Surge in Consumer Confidence Turns to “Dismal” Retail Sales beyond Autos, Gasoline by Wolf Richter • Jan 13, 2017 • 103 Comments Pundits sent back to the drawing board.
Evictions by Wall-Street Mega-Landlords Soar, Financialization of Rents Cause “Housing Instability”: Atlanta Fed by Wolf Richter • Jan 7, 2017 • 106 Comments It blames the Fed & Bernanke; the dark side of “healing” the housing market.
How Will Homebuyers Swallow these Mortgage Rates? by Wolf Richter • Dec 19, 2016 • 79 Comments Many of them say they won’t. And they can’t.
How Inflation Bites Much More than the Official Hoax by Wolf Richter • Dec 11, 2016 • 162 Comments The numbers are out. Even Japanese consumers, supposedly suffering from deflation, are getting whacked. No one escapes.
Who the Heck are these Households that are Worth $90 Trillion? by Wolf Richter • Dec 8, 2016 • 105 Comments Stalled Economy Performs Wealth Miracle, reports the Fed.
Texans Close their Wallets, Houston’s Economy Gets Crushed by Wolf Richter • Dec 7, 2016 • 55 Comments It’s not just the oil bust.