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.”
Businesses Flee Catalonia, Foreign Investment Plunges, as Confrontation with Spain Comes to a Boil by Don Quijones • Aug 3, 2015 • 4 Comments And now that the wrecking ball is in motion…
Citizens Go After the Most Despised Company in Japan by Oilprice.com • Aug 3, 2015 • Comments Off on Citizens Go After the Most Despised Company in Japan TEPCO Officials to be Tried for Role in Fukushima Meltdown.
It Gets Ugly in Canada by Wolf Richter • Aug 3, 2015 • 12 Comments At first, there was hope that only the oil patch would get hit.