Troika Punches Panic Button on Greece and Spain by Don Quijones • Jan 24, 2015 • 32 Comments Overriding dilemma: “Debts that can’t be repaid, won’t be repaid.”
Billionaire’s Dream: Uber’s New American Economy by Larry Kummer • Jan 23, 2015 • 14 Comments Who gets the crumbs in the ironically named “sharing economy”?
Oil Drilling Cut Fastest Since Stock Market Crash by Wolf Richter • Jan 23, 2015 • 2 Comments US oil rig count swoons.
Germany: ‘Got Gold?’ – Draghi: ‘Try Some Bananas’ by Wolf Richter • Jan 23, 2015 • 1 Comment Germany had a self-inflicted bad-hair day, you’d think. With a hilarious cartoon.
This Chart Shows Why the Oil Bust Will Last by Wolf Richter • Jan 22, 2015 • 5 Comments Soaring US crude oil inventories.
Mario Draghi: Charlatan Of The Apparatchiks by David Stockman • Jan 22, 2015 • 3 Comments The ECB’s QE is fraudulent credit – really dangerous, toxic stuff.
Why the Great American Oil Bust Will Be Long & Painful by Wolf Richter • Jan 22, 2015 • 11 Comments BHP Billiton, perhaps unwittingly, explains the irony: despite oil glut, collapsed prices, layoffs… US oil production will continue to soar.
HealthCare.gov in Cahoots with Dozens of Tracking Websites by Electronic Frontier Foundation • Jan 21, 2015 • 5 Comments It sends users’ personal private data to corporate data gatherers.
Recession in Tar-Sands Rich Alberta? by Oilprice.com • Jan 21, 2015 • Comments Off on Recession in Tar-Sands Rich Alberta? The Canadian Province hit hard by low oil prices.
Manufacturing Hit by Oil-Price Plunge? Southeast Worst Since Financial Crisis by Wolf Richter • Jan 21, 2015 • 10 Comments The Atlanta Fed begins to fret.