The Velocity of Dirty Money: What the Grubby 100-Peso Notes Say About Inflation in Argentina by Bianca Fernet • Nov 23, 2014 • 1 Comment It’ll take more than tape to fix the lives it chews up.
Mexico on the Brink – But of What? by Don Quijones • Nov 23, 2014 • 13 Comments The government blames the nationwide protests on groups seeking to “destabilize the country” and undermine the “reform agenda.” But in this militarized, corrupt society, the risk of escalation of violence is immense.
The Global Financial System Comes Unglued by David Stockman • Nov 22, 2014 • 3 Comments The central bank madmen are raging.
This Is a Sign the Startup Bubble Is Totally Maxed Out: It Resorts to (um, Sexy) Junk Mail to Disrupt by Wolf Richter • Nov 21, 2014 • 7 Comments Big money is gushing in all directions.
Spectacular Fall From Grace For Former Brazilian Oil Tycoon by Oilprice.com • Nov 20, 2014 • 2 Comments And how his downfall is mirrored in Brazil’s current troubles.
Soaring Dollar, Plunging Oil, Crummy Global Growth by Wolf Richter • Nov 20, 2014 • Comments Off on Soaring Dollar, Plunging Oil, Crummy Global Growth In one chart.
The Wrath of Draghi: Biggest German Banks Impose “Negative Interest Rates” by Wolf Richter • Nov 20, 2014 • 13 Comments “Punishment Interest” Germans call it with Teutonic precision. Bank: “Just stop saving.”
The Next Auto Subprime Bust by David Stockman • Nov 19, 2014 • 4 Comments It is only a matter of time before the boom in auto junk implodes under the pressure of rising default rates.
Russia-China Gas Deals Could Kill American LNG Exports by Oilprice.com • Nov 19, 2014 • Comments Off on Russia-China Gas Deals Could Kill American LNG Exports With these natural gas deals, Russia turns away from Europe, its largest energy export market. But the move has implications for the US.
It’s Official: Party Now, Apocalypse Later by Wolf Richter • Nov 19, 2014 • 13 Comments That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
