Manufacturing Falls Apart in the Middle of the US by Wolf Richter • Apr 28, 2015 • 1 Comment Disturbing references to Crisis Year 2009 crop up in Fed reports.
Aussie Comedians Clarke & Dawe: Government Is Your Fault by Wolf Richter • Apr 27, 2015 • 2 Comments Hilarious video – 2:30 minutes to make your day.
Americans Suddenly Sour on Buying a Home, Worst Drop since 2008, Optimism Plunges in the West by Wolf Richter • Apr 27, 2015 • 37 Comments Potential buyers face the wall of soaring prices.
Australia’s Bad Bet on China by Lindsay David • Apr 26, 2015 • 8 Comments “Nobody predicted the crash” of iron ore. Ha!
The “War on Cash” in 10 Spine-Chilling Quotes by Don Quijones • Apr 25, 2015 • 31 Comments A war conducted by bankers, politicians, academics, even startup guys.
Canada’s Magnificent Housing Bubble Goes Nuts, Cracks by Wolf Richter • Apr 24, 2015 • 20 Comments Even “Second-Time Buyers” can’t afford to buy without help from mom & dad.
Financial Mania Strikes Back by David Stockman • Apr 24, 2015 • 5 Comments Amazon reports loss, stock jumps15%, market cap jumps $25 billion. Party on.
This Is What’s Happening in Junk Bonds, and It’s Not Pretty by Wolf Richter • Apr 23, 2015 • 3 Comments Junk bonds in “extreme overvaluation,” covenant quality drops to record low, old money getting whacked as new money pours in.
The EU’s Five Worst Unemployment-Fiasco Regions? by Don Quijones • Apr 23, 2015 • Comments Off on The EU’s Five Worst Unemployment-Fiasco Regions? You’ll be surprised!
The Greek People Just Destroyed Syriza’s Strategy by Wolf Richter • Apr 22, 2015 • 31 Comments They love their euros.