US Gross National Debt to Spike by $800 Billion in October? by Wolf Richter • Aug 21, 2017 • 111 Comments The other option: too ugly to even imagine.
Stock & Bond Markets in Denial about QE Unwind, but Banks, Treasury Dept Get Antsy by Wolf Richter • Aug 21, 2017 • 49 Comments “Let markets clear.” It’ll be just “a financial engineering shock.”
US Asset Bubbles Crack as Frantic China “Restricts” Outbound Investments by Wolf Richter • Aug 20, 2017 • 120 Comments What happens to prices when the biggest, reckless buyer walks away?
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.
Cashing Out of Unicorns Gets Hard by Wolf Richter • Aug 18, 2017 • 50 Comments Until shares can be sold, “valuations” remain fake wealth.
Paradise for Oligarchs: Poverty, Inequality Soar as Wealth Rises by Don Quijones • Aug 18, 2017 • 49 Comments Welcome to the Mexican Paradox.
What Ford’s New Guy Said about the Future of Self-Driving Cars by Wolf Richter • Aug 17, 2017 • 107 Comments You get to own and steer a car for a while longer, if you insist.
So When Will China’s Debt Bubble Finally Blow Up? by Wolf Richter • Aug 17, 2017 • 160 Comments The upside is fake stability. The downside is too ugly to contemplate.
Grocery Store Turmoil in Chicago by Wolf Richter • Aug 16, 2017 • 86 Comments Bankruptcies don’t help. Even the big chains are closing stores.
Support for Hard Brexit in the UK Hardens by Don Quijones • Aug 16, 2017 • 57 Comments “Significant economic damage” is a “price worth paying.” Businesses are not so sure.