Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England by Don Quijones • May 8, 2019 • 18 Comments Chinese corporate defaults this year through April are 3.4 times the amount last year.
Businesses in “Critical Distress,” Bankruptcies Surge in the UK by Don Quijones • May 7, 2019 • 21 Comments “Zombie firms,” kept alive by low interest rates, account for up to 14% of UK companies.
Manufacturing and Services Out of Sync, Not Just in the US by Wolf Richter • May 6, 2019 • 68 Comments Goods producing economy suffers globally. Services expected to keep it all taped together.
Global Foreign Direct Investment Flows Collapse by Don Quijones • May 2, 2019 • 28 Comments More and more companies either choose not to invest in other countries or are prevented from doing so.
Unemployment in Spain Still Miserably High Despite Six Years of Economic Growth. Now it Ticked Up Again by Don Quijones • Apr 27, 2019 • 30 Comments “The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years.
China, Other Emerging Asia Sink World Trade by Wolf Richter • Apr 25, 2019 • 43 Comments World trade volume falls most since Financial Crisis.
London Home Prices Had Biggest Monthly Drop Since Lehman by Don Quijones • Apr 20, 2019 • 31 Comments February was bad. Housing market weakness is now spreading out from London.
Threat of Contagion to Eurozone from Spanish Banks’ Huge Bet on Emerging Markets: UBS by Don Quijones • Apr 18, 2019 • 19 Comments Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis.
More Airlines Collapse: Jet Airways India, Alitalia, WOW Air by MC01 • Apr 17, 2019 • 44 Comments And the 217 planes that Jet Airways ordered from Boeing?
Big Old Problem Just Re-Erupted on Eurozone’s Southern Flank by Don Quijones • Apr 11, 2019 • 54 Comments Italy’s fiscal health is once again in serious decline.
