“$1.6 Trillion in Defaults Coming,” Legend Says by Contributor • Nov 17, 2014 • 7 Comments “The next junk-bond implosion.”
Warren Buffett Is Dumping Stocks out the Backdoor by Wolf Richter • Nov 17, 2014 • 13 Comments His impeccable sense of timing appears to have kicked in.
The NAFTA Connection: The Role of “Free” Trade in Mexico’s Tragic Travails by Don Quijones • Nov 16, 2014 • 4 Comments President Enrique Peña Nieto can no longer keep up the pretense that things are on the up – not since the disappearance of 43 trainee teachers from Iguala.
Fiddling the Figures by Contributor • Nov 15, 2014 • 5 Comments If you’re in and out fast, you can make money just by stock arbitrage. Smart players know that. Corporations that work to please them know it too.
Italy’s Crazy New Economy from Hell by Wolf Richter • Nov 14, 2014 • 17 Comments “We are crushed by our country’s debt.”
How Low Can the Price of Oil Plunge? by Wolf Richter • Nov 13, 2014 • 15 Comments The bloodletting will go on until the money dries up.
Here’s What Central Bankers Will Do Next by Bill Bonner • Nov 12, 2014 • 14 Comments The middle classes – aka “the voters” – expressed themselves last week. They have been sorely used and they know it.
Why the Pentagon Dreads the “Sale” of IBM’s Chip Business by Wolf Richter • Nov 12, 2014 • 5 Comments Undetectable “kill switches” built into semiconductors.
Saudi Arabia Aims at US Fracking Industry, Hits Its Own Foot by Wolf Richter • Nov 11, 2014 • 11 Comments And triggered a rout among oil producing nations.
How to Commit Financial Suicide by Bill Bonner • Nov 11, 2014 • 6 Comments “Hey… you want a wealth effect? I’ll give you a wealth effect!”