Corporate Dollar Debt Explodes in Mexico as Peso Dives by Don Quijones • Aug 8, 2015 • 5 Comments Recipe for a debt crisis.
The Great Unwind Has Begun, Bankruptcies Soar by Wolf Richter • Aug 7, 2015 • 22 Comments A year that “makes false prophets” of those who assumed there’d be no shocks.
The Saudi Oil Price War Backfires by Oilprice.com • Aug 7, 2015 • 28 Comments “This requires more patience” – the Saudi Central Bank.
The Seventh-Largest Economy in the World Spirals Down by Wolf Richter • Aug 6, 2015 • 7 Comments Even HSBC, which knows a thing or two about the world, is bailing out.
It’s “Impossible to Pay Nothing” to Vulture Funds, Suddenly Says Argentine Economy Minister by Bianca Fernet • Aug 6, 2015 • 4 Comments After vowing for years to never pay the vultures?
A True Jobs Massacre Spreads in US Oil & Gas by Wolf Richter • Aug 5, 2015 • 10 Comments And it’s far from over.
The Central Bank Enabled 30-Year Bull Run in Stocks Is Over by David Stockman • Aug 5, 2015 • 16 Comments Stock Guru Birinyi’s call for the S&P 500 to soar to 3200? “Bull From A 30-Year Bull.”
The Unnerving Thing Global Automakers Just Said About China’s Economy by Wolf Richter • Aug 5, 2015 • 18 Comments In a “downward spiral.”
Company “at Leading Edge of Financialization” Crashes by Don Quijones • Aug 4, 2015 • 8 Comments Banks are on the hook. Shareholders get slammed.
Oil Re-Bloodies the “Smart Money” by Wolf Richter • Aug 4, 2015 • 16 Comments The “liquidity death spiral.”