Enron-ization of Water: Wall Street’s Pending Resource Grab by Don Quijones • Aug 10, 2014 • 14 Comments The same people who almost destroyed the global economy with their financial toxins and who corrupted the basic pricing mechanism of just about every commodity market will be entrusted to determine the price of the water.
TEPCO Reveals More Lies about Fukushima Meltdowns by Oilprice.com • Aug 9, 2014 • 5 Comments Turns out, the meltdowns were actually much worse than it previously admitted, says the most despised corporation of Japan.
How Government Masks the Plight of Spain’s Lost Generation by Don Quijones • Aug 9, 2014 • 4 Comments Through crude use of statistics, the Spanish government makes a mockery out of tragedy.
Which Country Is Hit Hardest By Russian Food Sanctions? by Wolf Richter • Aug 8, 2014 • 3 Comments “There’s nothing good about sanctions” – Prime Minister Dmitry Medvedev.
Junk-Bond Turmoil just Preliminary, “The Real Panic Will Come With…” by Wolf Richter • Aug 8, 2014 • 9 Comments Junk bond investors are running for the hills. But there are no hills.
The Old Continent’s Road to Ruin (Through Moscow) by Don Quijones • Aug 7, 2014 • 6 Comments Who will fold first? That’s the question in the escalating trade war that has already hit European and Russian companies and their economies.
Auto Loans: Once a Boon for America, Now Malignant by Larry Kummer • Aug 7, 2014 • 9 Comments One of the many oddities of this cycle is that many things that were good in normal times have become bad.
‘Faith’ in Markets Collapses Among Professional Investors by Wolf Richter • Aug 7, 2014 • 13 Comments A fascinating phenomenon – one with a potentially dreadful outcome.
Italy’s Economic ‘Recovery’ from Hell in One Chart by Wolf Richter • Aug 6, 2014 • 1 Comment As the Italian government refuses to pay its suppliers, thus strangling the private sector.
Goal of Booming ‘Internet of Things’: Monitoring, Sensing, Remote Control – Factory Workers First, You Next by Wolf Richter • Aug 6, 2014 • 4 Comments From an industry insider. Happening now.
