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.
The Wrath of Draghi: Biggest German Banks Impose “Negative Interest Rates” by Wolf Richter • Nov 20, 2014 • 13 Comments “Punishment Interest” Germans call it with Teutonic precision. Bank: “Just stop saving.”
The Next Auto Subprime Bust by David Stockman • Nov 19, 2014 • 4 Comments It is only a matter of time before the boom in auto junk implodes under the pressure of rising default rates.
Russia-China Gas Deals Could Kill American LNG Exports by Oilprice.com • Nov 19, 2014 • Comments Off on Russia-China Gas Deals Could Kill American LNG Exports With these natural gas deals, Russia turns away from Europe, its largest energy export market. But the move has implications for the US.
It’s Official: Party Now, Apocalypse Later by Wolf Richter • Nov 19, 2014 • 13 Comments That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
China’s Central Bank Makes Even the Heroic Fed Look Like a Bunch of Amateurs by Wolf Richter • Nov 18, 2014 • 6 Comments The incredibly ballooning balance sheet that no one can match (in one chart).
Fracking Wastewater Injected into Clean Aquifers in Parched California by Wolf Richter • Nov 18, 2014 • Comments Off on Fracking Wastewater Injected into Clean Aquifers in Parched California “Errors were made….” NBC Bay Area report and video.
Media “Shocked” by Japan’s GDP Fiasco? by Wolf Richter • Nov 18, 2014 • 7 Comments Turns out, destroying the purchasing power and wealth of the people also drags down the real economy.