Big-Oil Sinkhole of Debt & Corruption Gets Taxpayer Bailout. Wall Street Thrilled by Don Quijones • Apr 16, 2016 • 20 Comments Feeding a New Round of Plunder at Pemex.
The Revolt of the Debt Slaves Has Started by Wolf Richter • Apr 15, 2016 • 78 Comments Ah yes, the Millennials.
Big Pharma Trips Over the Maxed-out American Consumer by Wolf Richter • Apr 14, 2016 • 58 Comments Even as Prescription Drug Volume Stagnates, Prices Soar.
It’s Gotten So Bad in Europe, Even Eurocrats Begin to Worry by Don Quijones • Apr 14, 2016 • 38 Comments “Demands for further escape referendums.”
Why This Economy Is Now Running Aground by Wolf Richter • Apr 13, 2016 • 62 Comments Business sales worst since 2012, inventories at crisis level, jobs next.
Peak Negative-Interest-Rate Absurdity? Hilarity Ensues by Wolf Richter • Apr 13, 2016 • 27 Comments Among the goodies, “reverse Yankee” landmines.
What in the World’s Going on with Banks this Week? Emergency Meetings, Summits, Crashing EU Banks… by Contributor • Apr 12, 2016 • 56 Comments And US banks to report worst quarter since the Financial Crisis.
Is China’s Economy in even Deeper Trouble than We Think? by Wolf Richter • Apr 12, 2016 • 50 Comments Rail freight volume plunges to 2007 levels.
US Commercial Bankruptcies Suddenly Soar by Wolf Richter • Apr 11, 2016 • 20 Comments Leaving ugly skid marks on the economy, banks, and investors.
BP CEO Gets Huge Raise, after Record Loss, 5,000+ Layoffs by Oilprice.com • Apr 11, 2016 • 16 Comments Shareholders revolt.