“It’s Not only Carillion that’s Built on Sand, it’s our Whole System of Corporate Accountability” by Don Quijones • Feb 25, 2018 • 51 Comments The construction & services giant collapsed even as KPMG signed off on its financial statements; now they deny any responsibility.
Why Buffett Pulled Back: Companies Overvalued after “Purchasing Frenzy” Fueled by “Cheap Debt” by Wolf Richter • Feb 25, 2018 • 61 Comments And why his “recent drought of acquisitions” is likely to continue.
US Gross National Debt Spikes $1 Trillion in Less Than 6 Months by Wolf Richter • Feb 24, 2018 • 97 Comments And these are the good times.
Surging Freight Costs Fire Up Inflation Fears by Wolf Richter • Feb 23, 2018 • 59 Comments “Pricing power has erupted…”
Return of Enron to the Energy Sector? by Leonard Hyman and Willian Tilles • Feb 23, 2018 • 13 Comments The lure of forever-cheap money. But now rates are going up.
Brick & Mortar Meltdown Hits These Stores the Most by Wolf Richter • Feb 22, 2018 • 80 Comments They’re the primary stores at malls.
New Subsidies For Coal, Nuclear in the Federal Budget by Leonard Hyman and Willian Tilles • Feb 22, 2018 • 31 Comments Nice to know our government is generous, even rewarding corporate failure.
“Cash Must Not Be Made the Scapegoat” by Don Quijones • Feb 22, 2018 • 40 Comments In the War on Cash, a rare defense of physical money by an ECB Board Member.
What will Spiking Mortgage Rates, High Home Prices, & the New Tax Law Do to the Housing Market? by Wolf Richter • Feb 21, 2018 • 128 Comments Surging home prices have primed the housing market for this.
After Years of Crisis in Spain, Pensioners Next to Feel the Pain by Don Quijones • Feb 21, 2018 • 37 Comments Doubts emerge as to who is saving whom.
