Fed Vice Chair Fischer Admits Fed is Waiting for Godot by Wolf Richter • Oct 7, 2016 • 49 Comments The Fed’s fourth mandate.
UBS: Liar Loans Surge in Australia’s Housing Bubble, Pose Risk to Big Four Banks, “Financial Stability” by Wolf Richter • Oct 7, 2016 • 53 Comments “Misrepresentation is systemic.”
How Big Pharma Censors the Internet by Electronic Frontier Foundation • Oct 6, 2016 • 23 Comments Government quietly involved behind the scenes.
The Great Debt Unwind: Business Bankruptcies Soar 38% by Wolf Richter • Oct 6, 2016 • 53 Comments Six years of Fed and Wall Street hype come home to roost.
Kicking Cans Down Long, Empty Roads, Spanish Style by Don Quijones • Oct 5, 2016 • 21 Comments It “could be” a good deal for taxpayers….
Vancouver Housing Bubble Bursts, Hot Money Flees to Toronto by Angela Johnson • Oct 5, 2016 • 29 Comments “The housing market in East Vancouver has collapsed. No bidding wars.”
Heavy Truck Orders Plunge, Worst September since 2009 by Wolf Richter • Oct 5, 2016 • 43 Comments Transportation Recession exacts its pound of flesh.
Could the Bottom Fall out of this Oil Rally? by Nick Cunningham • Oct 4, 2016 • 20 Comments Was it all a mirage?
Rescue of Italy’s Monte dei Paschi Gets ‘Dark’ & ‘Complicated’ by Don Quijones • Oct 4, 2016 • 12 Comments A Gargantuan Crime Scene.
Owners at “Leaning Tower of San Francisco” Knock Condo Values to Zero by Wolf Richter • Oct 4, 2016 • 68 Comments “Values could climb in subsequent years if the building is repairable.”