Peak Irony in No-Exit Union: As Grexit Chaos Resurges, Lithuania Joins by Don Quijones • Jan 2, 2015 • 8 Comments Official secrecy, obfuscation, and deception rule.
Oil-Price Plunge Triggers Layoffs in the US, Businesses Shutter by Oilprice.com • Jan 2, 2015 • 2 Comments The crash bedevils the markets. Companies react. Damage spreads in the US oil patch.
U.S. State Department Heaps Further Pressure on Mexico’s Struggling Economy by Don Quijones • Jan 1, 2015 • 4 Comments An essential lifeline is now under threat.
Worst Currency in 2014? (One You Might Actually Use) by Wolf Richter • Dec 31, 2014 • 7 Comments It left terrible value destruction in its wake. But it wasn’t the ruble.
Oil-Bust Contagion Hits Hedge Funds, Supplier Layoffs Begin by Wolf Richter • Dec 30, 2014 • 8 Comments The toxic mix of financial engineering and an oil-price collapse.
Last Time Inflated Home Prices Strangled Sales Like This, the Housing Market Crashed by Wolf Richter • Dec 29, 2014 • 15 Comments The bitter irony of the Fed’s handiwork.
Elegantly Soaring Dollar to Hit “Air Pocket” in 2015, Slated for Long-Term Decline by Wolf Richter • Dec 28, 2014 • 10 Comments “Whenever a consensus is so unanimous, our gut tells us it’s wrong” – BlackRock
How Asset Manager BlackRock Gave Me the Willies About 2015 by Wolf Richter • Dec 26, 2014 • 5 Comments “Financial instability” is a euphemism for “crash.”
OPEC May Cull Weaker Members by Oilprice.com • Dec 26, 2014 • Comments Off on OPEC May Cull Weaker Members At current prices, OPEC revenues in 2015 could plunge 50% from 2013.
LEAKED: Secret Negotiations to Let Big Brother Go Global by Don Quijones • Dec 25, 2014 • 6 Comments A leaked document details the ugly ramifications of the Trade in Services Act being hashed out in total secrecy between the US, the EU, and other countries.
