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.
Consumer Spending in August Drops below a Year Ago – Gallup by Wolf Richter • Sep 2, 2014 • Comments Off on Consumer Spending in August Drops below a Year Ago – Gallup Hapless American consumers appear to have hit a limit.
The Sky Is Falling on Chinese Corporations by Wolf Richter • Sep 2, 2014 • 5 Comments In China’s debt-fired economy, lenders are going to take the heat.
Mexican Judge Departs From Script, Turns Monsanto’s Mexican Dream Into Legal Nightmare by Don Quijones • Sep 1, 2014 • 14 Comments The tide may well be subtly turning against Monsanto and its fellow GMO oligopolies and in favor of independent food growers and consumers.
Home-Flipping Collapses in San Francisco, Losses Spread by Wolf Richter • Aug 30, 2014 • 8 Comments The magic mix becomes toxic.
What the Heck Just Happened at the San Francisco Apple Store? by Wolf Richter • Aug 29, 2014 • 9 Comments Not everyone is irrationally exuberant.