“We, the Savvy Italians….” by WOLF STREET Reader • Oct 21, 2014 • 7 Comments Why Italy is in trouble.
What NCR just Said about the American Retail Quagmire by Wolf Richter • Oct 20, 2014 • 18 Comments An epidemic of store closings, restructurings, bankruptcies… as the American consumer runs out of options.
US Utilities Face Fuel Shortages As Winter Approaches by Oilprice.com • Oct 20, 2014 • 3 Comments The amount of coal on hand is at the lowest level in years, and so are inventories of natural gas. What gives?
Why Moody’s Cut Russia to Two Notches above Junk by Wolf Richter • Oct 19, 2014 • 4 Comments Despite Russia’s still high foreign exchange reserves and still strong balance sheet.
GMO Purveyors Monsanto & Co. Open New Fronts in Food War by Don Quijones • Oct 19, 2014 • 3 Comments Smarting from some defeats elsewhere, they’re branching out.
More QE? These Charts Show the Pauperization of Workers in the UK and America since 2008 by Wolf Richter • Oct 18, 2014 • 25 Comments The designated losers of monetary policy. There are a lot of them.
Roll Out the Fire Hoses (Here Comes QE4) by Bill Bonner • Oct 17, 2014 • 9 Comments Never before in the long, comic history of mankind and its money have central bankers taken such a keen interest in asset prices. Now they create money, out of nowhere, for the express purpose of pushing them up.
‘This Market is Driven by Psychology and Momentum,’ which ‘Works Really Painfully on the Way Down’ by David Stockman • Oct 17, 2014 • 3 Comments Silicon Valley Hype-Machine gets dented.
Oil Price Crash Could Push Venezuela Over The Edge by Oilprice.com • Oct 16, 2014 • 3 Comments It makes an already terrible situation a lot worse.
If the US Deficit is ‘only’ $483 Billion, why does the Government Have to Borrow $1.1 Trillion to Fill the Hole? by Wolf Richter • Oct 16, 2014 • 8 Comments We’re shocked and appalled: they’re lying to us, here in the land of open and transparent governance?
