Just in Time for Winter: Utilities Face Coal Shortages Due To Rail Congestion by Oilprice.com • Nov 26, 2014 • 3 Comments A harsh winter, like last year’s, could wreak havoc.
California Housing Market Cracks in Two, Top End Goes Crazy by Wolf Richter • Nov 26, 2014 • 6 Comments The Fed’s wealth effect kicks in: “Mind-blowing” how the luxury market has been “completely on fire.” The rest, well….
The Smiling Face of Austerity: More Welfare for Rich Landowners in the EU by Don Quijones • Nov 25, 2014 • 4 Comments Extreme wealth is not just subject to virtually no tax; it is a magnet for public funds.
Global Business Outlook: “Darkest Picture since Financial Crisis.” US Deterioration “of Greatest Concern” by Wolf Richter • Nov 24, 2014 • 5 Comments Despite incessant hype, businesses depict a troubled global economy.
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.
