Now it Begins to Unravel by Wolf Richter • Nov 21, 2016 • 72 Comments The Credit Bubble Peak was Marked by “Totally Crazy Lending.”
What’ll Happen to Housing Bubble 2 as Mortgage Rates Jump? by Wolf Richter • Nov 16, 2016 • 68 Comments Oops, they’re already jumping.
This is How Consumers Turn into Debt Slaves by Wolf Richter • Nov 8, 2016 • 108 Comments The Fed likes the word “credit.” It sounds a lot less onerous than “debt.”
How PE Firms Are Flipping Drugs in Price-Gouging Scheme that Cannibalizes the Entire US Economy by Wolf Richter • Nov 3, 2016 • 109 Comments They don’t care. And they’re not required to care.
What’s Really Different this Time: Business Investment Drops to Lowest September since 2010 by Wolf Richter • Oct 27, 2016 • 39 Comments Why is this economy not yet in an official recession?
How the Ballooning “Pension Crisis” Will Impact the Economy by James Murray • Oct 24, 2016 • 82 Comments It’s not just the Dallas Police & Fire Pension Fund.
Shadow Banks, No-Down-Payment Subprime Mortgages in Canada’s House Price Bubble by Angela Johnson • Oct 18, 2016 • 65 Comments “I don’t believe we are going to have a major, major collapse in housing.”
It Starts: Shutdowns, Production Cuts, Layoffs at Auto Plants by Wolf Richter • Oct 17, 2016 • 47 Comments “We continue to match production with demand”: Ford
The Amazing Down Spiral of Atlanta Fed’s Q3 GDPNow Forecast by Wolf Richter • Oct 14, 2016 • 28 Comments GDP Nowcast drops by half in two months. But is the auto sales data inflated?
These Debt & Rent Slaves Get Blamed for the Lousy Economy by Wolf Richter • Oct 10, 2016 • 167 Comments The Millennials, the Bitter Irony!