Inflation Spikes Most since 2008 in Mexico. Bad Timing by Wolf Richter • Aug 10, 2017 • 41 Comments Before the Elections and despite Bank of Mexico’s “monetary shock.”
Selling the Mall at the Corner of Caveat and Emptor by John McNellis • Aug 9, 2017 • 28 Comments “The Only Free Cheese is in a Mouse Trap.”
Uber Gets Run Over by its Own Subprime Auto Leases by Wolf Richter • Aug 9, 2017 • 162 Comments Layoffs and massive losses loom.
What’s Keeping Italy’s Government Debt from Blowing Up? by Don Quijones • Aug 8, 2017 • 29 Comments Even Italian banks are dumping Italian government bonds.
This Hits the Wheezing Commercial Real Estate Bubble at Worst Possible Time by Wolf Richter • Aug 8, 2017 • 48 Comments The last big enthusiastic buyer, China, is leaving the party.
Whiff of Reality at Crazy Super High-End Housing Market? by Wolf Richter • Aug 7, 2017 • 63 Comments BS asking prices meet the ax.
Wall Street Firms Win Again, Regulators Capitulate by Wolf Richter • Aug 7, 2017 • 54 Comments The Financial Crisis is forgotten. Even sounds of gentle wrist-slapping fade.
Blowback Begins for Companies in UK Ground Rents Scandal by Don Quijones • Aug 6, 2017 • 20 Comments “Why did no executive at the company say, ‘This will come back to haunt us’?”
US Auto Industry Sinks into Muck. And Canada’s? by Wolf Richter • Aug 6, 2017 • 18 Comments Wolf Richter Talks Shop on radio in Canada.
Chaos Hits Barcelona’s Tourist Industry by Don Quijones • Aug 5, 2017 • 37 Comments It’s not just the weather that’s heating up in Spain’s second city.