Texas Tries to Bring Home its Gold Bars, Distrusts NY Fed, HSBC by Contributor • Jun 15, 2015 • 9 Comments They’re “stored” (Ha!) at HSBC and the New York Fed. That worries Texas.
ECB Press Release this Wednesday Could End Extortion Racket over Greece – à la Cyprus 2013 by Wolf Richter • Jun 15, 2015 • 19 Comments “Everywhere in Europe there is a growing sentiment of ENOUGH.”
The Men Who’re Stealing The Sun by Don Quijones • Jun 14, 2015 • 15 Comments Spain cracks down on the scrappy little guy to protect its oligopolies.
It Gets Messy in Canada by Wolf Richter • Jun 14, 2015 • 14 Comments “All of that negative news has put a downer on consumer sentiment.”
How Australia’s Big 4 Banks Can Sink the Entire Economy by Lindsay David • Jun 13, 2015 • 9 Comments They’re not only too big to fail. For Australia, they’re too big to save.
San Francisco Home Prices Spike, Exuberance Reigns by Wolf Richter • Jun 12, 2015 • 12 Comments “Riding this wave while we can, as far as we can, for as long as we can.”
Toronto’s Epic Condo Bubble Suddenly Turns into Condo Glut by Wolf Richter • Jun 11, 2015 • 27 Comments Unsold new condos spike to all-time record. Industry in denial.
What Does California Gov. Jerry Brown Know about the Next Crash and Recession that We Don’t? by Wolf Richter • Jun 11, 2015 • 13 Comments “Not if, when.”
“China Momentum Indicator” at Hard-Landing Level by Wolf Richter • Jun 10, 2015 • 9 Comments “Calling into disrepute the reliability of China’s official data.”
Democracy on Hold: President of European Parliament Suspends Vote on Secretive U.S.-EU Trade Pact as Tide Turns Against It by Don Quijones • Jun 9, 2015 • 4 Comments Our conniving leaders are once again forced back to the drawing board.