Shadow Banks, No-Down-Payment Subprime Mortgages in Canada’s House Price Bubble by Angela Johnson • Oct 18, 2016 • 65 Comments “I don’t believe we are going to have a major, major collapse in housing.”
The Economy is Cracking under Too Much Debt by Wolf Richter • Oct 18, 2016 • 19 Comments Wolf Richter on Chris Martenson’s PeakProsperity.
It Starts: Shutdowns, Production Cuts, Layoffs at Auto Plants by Wolf Richter • Oct 17, 2016 • 47 Comments “We continue to match production with demand”: Ford
Is this Why US Industrial Companies Don’t Invest? by Wolf Richter • Oct 17, 2016 • 55 Comments Production lower than 2 years ago, capacity utilization is ugly.
Rattled German CEOs Seek “Revival of Germany Inc.” as “Protective Wall” against US and China by Wolf Richter • Oct 17, 2016 • 82 Comments In response to the “destabilization of the world.”
Why Italy’s Banking Crisis is Spiraling to Heck by Don Quijones • Oct 16, 2016 • 27 Comments €4.8 billion window-dressing to cover a growing €360 billion hole
Biggest Nuclear Boondoggle Ever: Taxpayers, Pull out Your Wallet, Costs Exploded Again by Wolf Richter • Oct 15, 2016 • 114 Comments How the Nuclear Energy Lobby Eats up Global Taxpayer Billions.
Layoffs Hit Craft Brewer, as Big Beer, Big Money, Overcapacity Rattle American Craft Beer Market by Wolf Richter • Oct 14, 2016 • 75 Comments The American Beer War Turns Sour.
The Amazing Down Spiral of Atlanta Fed’s Q3 GDPNow Forecast by Wolf Richter • Oct 14, 2016 • 28 Comments GDP Nowcast drops by half in two months. But is the auto sales data inflated?
“Worst Labor Market” on Earth: Spain’s Jobs “Recovery” Could Hit the Rocks by Don Quijones • Oct 14, 2016 • 19 Comments No Country for Young Men (Or Women).
