World’s Worst Tax Haven Threatens to Expand its Operations by Don Quijones • Jan 18, 2017 • 25 Comments “What they sell is escape: from the laws, rules, and taxes of jurisdictions elsewhere, with secrecy as their prime offering.”
The Dollar, “the Most Crowded Trade,” Gets Less Crowded by Wolf Richter • Jan 18, 2017 • 33 Comments That trade was just waiting to unwind.
Inflation Gets Real (Not Just Nominal) in Argentina by Bianca Fernet • Jan 17, 2017 • 15 Comments A collective reckoning? A painful but unavoidable come-to-Jesus moment? Or continuing down an inflationary spiral?
Another Retailer Goes Bankrupt, Shutters Stores, While Tiffany Blames Trump Tower for US Holiday Sales Debacle by Wolf Richter • Jan 17, 2017 • 56 Comments And American Apparel shuts down.
How Trump Could Unwittingly Gut Boeing’s Global Business by Wolf Richter • Jan 16, 2017 • 94 Comments Other US companies are equally vulnerable.
These “8 Men” Own as Much as Poorest Half of the World, Oxfam Reports as Global Elite Hobnobs in Davos by Wolf Richter • Jan 16, 2017 • 129 Comments Even in “rich countries,” more and more people “are no longer willing to tolerate the status quo.”
Mauled by Peso Crash & Inflation, Mexico to Cut its Dependence on US Food Producers by Don Quijones • Jan 15, 2017 • 51 Comments It’s not all NAFTA’s fault, however.
Nuclear Energy Sector Turns in Taxpayer-Sinkhole by Leonard Hyman and Willian Tilles • Jan 15, 2017 • 23 Comments Given the difficulty of accurately gauging nuclear capital expense, how can we infer if these enterprises can ever be profitable?
From One Scam to Another: How Banks in Spain Intend to “Compensate” 1.4 Million Fleeced Homeowners by Don Quijones • Jan 14, 2017 • 33 Comments “Poisoned offers” to settle, backed by the government.
Surge in Consumer Confidence Turns to “Dismal” Retail Sales beyond Autos, Gasoline by Wolf Richter • Jan 13, 2017 • 103 Comments Pundits sent back to the drawing board.