Why No One Will Even Try to Tame the US Healthcare Monster by Wolf Richter • Dec 4, 2016 • 155 Comments Though it cannibalizes the rest of the economy.
The Fix Is Already In, as Italy’s Moment of Truth Beckons by Don Quijones • Dec 3, 2016 • 54 Comments Banks cannot be allowed, at any cost, to suffer the consequences of their own chronic mismanagement, or worse.
Vancouver Housing Market Freezes Up, Sales Crash, Prices Sag, For-Sale Signs Proliferate by Wolf Richter • Dec 2, 2016 • 90 Comments “Entire Swaths of our neighborhood are covered with For-Sale signs”: photos by our boots-on-the-ground Angela Johnson.
Government Bond & Mortgage “Meltdown” Crushes NIRP by Wolf Richter • Dec 2, 2016 • 105 Comments And the spike in mortgage rates will come in handy.
The Great Unwind Unravels Hottest Rental Markets in the US by Wolf Richter • Dec 1, 2016 • 46 Comments Now in San Francisco, New York, Boston, Chicago, Washington DC, and perhaps a city near you.
Subprime Auto-Loan Delinquencies Surge to NY Fed’s Attention by Wolf Richter • Nov 30, 2016 • 115 Comments Six million Americans are 90-plus days delinquent.
Crunch Time for “Zombie Bank… on Brink of Collapse” by Don Quijones • Nov 30, 2016 • 5 Comments Short-sellers have a field day with Spain’s “Most Italian Bank.”
Debt & Deficit Outlooks for France, Italy, Spain, & Portugal by Contributor • Nov 30, 2016 • 34 Comments Is “ugly” the right word?
OK, I get it: Companies Clamor for Cheap Labor, Fed Delivers by Wolf Richter • Nov 29, 2016 • 89 Comments In turn, households get a feel-good illusion.
Sudden, Infectious Enthusiasm for “Current Economic Conditions” after Trump Called them “Terrible” for Months? by Wolf Richter • Nov 29, 2016 • 102 Comments The “Trump Effect?”