How Many Jobs Do Robots Destroy? Answers Emerge by Wolf Richter • Mar 29, 2017 • 173 Comments This isn’t the Industrial Revolution.
Shock, Horror: ECB Not as “Independent” as it Claims – Report by Don Quijones • Mar 29, 2017 • 24 Comments Transparency International whacks at a central bank.
Commercial Real-Estate Bubble “Can Breathe Easier” after Health Bill Collapsed in Congress by Wolf Richter • Mar 28, 2017 • 59 Comments Turns out, to keep from deflating, property bubble needs Obamacare.
Wind Energy Now Competes Directly with Coal on Cost by Gregory Brew • Mar 28, 2017 • 104 Comments Utilities invest big in wind power, downplay environmental reasons.
Health-Care Industry Debt Turns into “Systemic Recession Risk” by Wolf Richter • Mar 27, 2017 • 102 Comments Debt binge hits limit, with big impact on overall economy. Chilling charts.
Auto Industry Resorts to Biggest Incentives Ever Just to Slow the Decline in Sales by Wolf Richter • Mar 26, 2017 • 59 Comments Last time automakers tried this was in 2009!
Condo Flippers in Miami-Dade Left Twisting in the Wind by Wolf Richter • Mar 26, 2017 • 72 Comments It’s not like Miami hasn’t been through a horrendous condo glut before.
Italy at the Grim Edge of a Global Problem by Don Quijones • Mar 25, 2017 • 53 Comments This trend is not your friend.
Subprime Auto Loans Crushed Worse than in 2009, Auto Industry Bleeds, Knock-on Effects Commence by Wolf Richter • Mar 24, 2017 • 67 Comments After the credit bubble comes the credit bust.
Eurozone Whistles Past its Biggest Threat by Don Quijones • Mar 24, 2017 • 24 Comments Italy’s Multi-Headed Hydra Predicament.