Fear, Loathing and Paranoia in an All-Exclusive Society by Don Quijones • Sep 7, 2014 • 9 Comments Intended to provide a sense of serenity and security for wealthy city dwellers, gated communities are sprouting like transgenic mushrooms around the world.
But Who the Heck Is Going to Buy all these ‘Overpriced’ Homes? by Wolf Richter • Sep 6, 2014 • 34 Comments Something has to give. And it’s not going to be the maxed-out American middle class.
Obama’s Oil Boom – Global Warming Be Damned by Oilprice.com • Sep 5, 2014 • 21 Comments In other words, oil is back. Big time. Along with a little noticed but crucial shift in White House rhetoric.
Big Tech Teeters, May Sack Most People since 2009 by Wolf Richter • Sep 5, 2014 • 8 Comments Financial engineers have taken over; actual engineers are relegated to an expense category that must be cut.
Fracking in China Collides with “Extremely High” Water Stress by Oilprice.com • Sep 4, 2014 • 2 Comments China’s vast shale gas reserves may never get developed because of one major obstacle: water.
Startup CEO (Unwittingly) Explains Biggest Problem in America’s Unemployment Crisis by Wolf Richter • Sep 4, 2014 • 42 Comments A whole system with convenient low-cost tools.
Minsky Moment for Markets Driven by “Relentless Bids” by Contributor • Sep 3, 2014 • 1 Comment “We run carelessly to the precipice after we have put up a façade to prevent ourselves from seeing it.”
Coal Crisis in India Hits ‘Critical’ by Contributor • Sep 3, 2014 • 3 Comments Things never look that bad. Until they are.
Subprime Blows up on Retailer, CEO Warns on ALL Subprime, Hits Auto Sales by Wolf Richter • Sep 3, 2014 • 10 Comments Subprime giveth, subprime taketh away.
Hawaii: Fiscal “Sinkhole State” by Contributor • Sep 2, 2014 • Comments Off on Hawaii: Fiscal “Sinkhole State” A few states consistently pop up as having the most pension debt. Hawaii isn’t always on that list. But it should be.
