Are Subprime Debt Slaves, a Leading Indicator, Worrying the Fed? by Wolf Richter • Mar 4, 2018 • 55 Comments Credit problems always appear first at the margins.
Russian Banking Crisis: 3rd Major Bank Topples in 4 months by Wolf Richter • Dec 15, 2017 • 29 Comments It “financed its owners”: Central Bank
The Steep Price of Disaster in Mexico by Don Quijones • Sep 24, 2017 • 26 Comments Rebuilding with no insurance and little government aid.
So Where Does the Money Go that Mexico Borrows? by Don Quijones • Sep 11, 2017 • 16 Comments Answers emerge. Including offshore private accounts.
How Did Things Get This Bad This Fast for Oil Giant, Pemex? by Don Quijones • Aug 27, 2017 • 36 Comments A slew of reasons. But one stands out, and it’s not the price of oil.
NAFTA Negotiations Start in Secrecy. Lobbying Heats by Wolf Richter • Aug 19, 2017 • 50 Comments After promises of transparency, Americans aren’t allowed to know what’s being negotiated at their expense.
Paradise for Oligarchs: Poverty, Inequality Soar as Wealth Rises by Don Quijones • Aug 18, 2017 • 49 Comments Welcome to the Mexican Paradox.
The Pillage of Pemex Turns Bloody by Don Quijones • May 21, 2017 • 26 Comments Gasoline theft is the second most profitable activity for Mexico’s crime gangs.
Corruption Scandals already Trip Up Spain’s New Government by Don Quijones • Apr 26, 2017 • 8 Comments If the Prime Minister is made to testify, all bets are off.
Mexico’s Economy Is Being Plundered Dry by Don Quijones • Apr 19, 2017 • 23 Comments Debt is suffocating the economy, but where did the money go?