Everything Bubble
Not a Plunge but a Long, Slow Grind Lower
by Wolf Richter • • 75 Comments
These Debt Slaves are the Government’s Largest Asset Class, and it will Haunt the Economy for Years
by Wolf Richter • • 75 Comments
ECB Gets Clocked by the Two Biggest German Banks
by Wolf Richter • • 34 Comments
“Leveraged Loan” Backed Asset Stripping Resurges
by Wolf Richter • • 31 Comments
This is How Draghi Will Sock it to Investors that Weren’t Invited to the Secret Meetings
by Wolf Richter • • 14 Comments
Helicopter Money Drops on Europe, But Not for ‘Normal’ Folks
by Don Quijones • • 11 Comments
US Commercial Bankruptcies Soar (despite Rosy Scenario)
by Wolf Richter • • 29 Comments
Last Time this Happened in the Housing Market
by Wolf Richter • • 60 Comments
The most expensive home listed for sale globally is in Bel Air, a neighborhood in Los Angeles. Its main house is a 74,000-square-foot monstrosity. Among the special attributes: a 30-car garage. The compound, being erected by speculative builder Nile Niami, has an asking price of $500 million. Seven of the world’s 10 most expensive listings…