The High Price of Free Money: Now US Bankers Fear Financial, Social, or Political ‘Instability’ by Wolf Richter • Oct 23, 2014 • 14 Comments It all boils down to consumers in an economy that is so dependent on them.
What NCR just Said about the American Retail Quagmire by Wolf Richter • Oct 20, 2014 • 18 Comments An epidemic of store closings, restructurings, bankruptcies… as the American consumer runs out of options.
The People Who Brought You healthcare.gov Put Medicare Billing Records Online by Michael Gorback, M.D. • Sep 30, 2014 • 8 Comments With predictable consequences.
How Hospitals and Health Insurers Collude at Your Expense by Michael Gorback, M.D. • Sep 16, 2014 • 25 Comments Doctor’s insight: Bookies call it the “vig,” insurance companies call it a “PPO Repricing Fee.” It allows them to go around state insurance laws.
Luxury Homes Are Hot, Rest of Housing Market Gets Hosed by Wolf Richter • Sep 11, 2014 • 4 Comments Sweet Spot: Homes above $15 million.
Ravenous Costs and Dubious Benefits of a College Degree by Contributor • Sep 10, 2014 • 12 Comments She’ll be 55 before her net life-time earnings equal those of an enterprising person who left school at 16.
Subprime Blows up on Retailer, CEO Warns on ALL Subprime, Hits Auto Sales by Wolf Richter • Sep 3, 2014 • 10 Comments Subprime giveth, subprime taketh away.
Consumer Spending in August Drops below a Year Ago – Gallup by Wolf Richter • Sep 2, 2014 • Comments Off on Consumer Spending in August Drops below a Year Ago – Gallup Hapless American consumers appear to have hit a limit.
What the Heck Just Happened at the San Francisco Apple Store? by Wolf Richter • Aug 29, 2014 • 9 Comments Not everyone is irrationally exuberant.
This Economy Is Ruined For Everyone by WOLF STREET Reader • Aug 21, 2014 • 72 Comments Reader speaks up: Sensible people at all income levels are altering their behavior to be ready for what may happen.
