STILL 1.4 Million Fewer Full-Time Jobs than in 2008 by Lee Adler • Sep 8, 2014 • 3 Comments The Fed’s policies have rewarded financial engineering at the expense of job creation.
The Wrath of Abenomics Crushes Japanese Consumers, Eviscerates Economy by Wolf Richter • Sep 8, 2014 • 5 Comments Abenomics soothsayers and apologists are worried: the August debacle is hard to explain away, even for them.
You Must Have a Job to Get a Job by WOLF STREET Reader • Sep 8, 2014 • 13 Comments Reader speaks up: “Those 2 years of unemployment were the darkest moments of my life.”
Fear, Loathing and Paranoia in an All-Exclusive Society by Don Quijones • Sep 7, 2014 • 9 Comments Intended to provide a sense of serenity and security for wealthy city dwellers, gated communities are sprouting like transgenic mushrooms around the world.
But Who the Heck Is Going to Buy all these ‘Overpriced’ Homes? by Wolf Richter • Sep 6, 2014 • 34 Comments Something has to give. And it’s not going to be the maxed-out American middle class.
Obama’s Oil Boom – Global Warming Be Damned by Oilprice.com • Sep 5, 2014 • 21 Comments In other words, oil is back. Big time. Along with a little noticed but crucial shift in White House rhetoric.
Big Tech Teeters, May Sack Most People since 2009 by Wolf Richter • Sep 5, 2014 • 8 Comments Financial engineers have taken over; actual engineers are relegated to an expense category that must be cut.
Fracking in China Collides with “Extremely High” Water Stress by Oilprice.com • Sep 4, 2014 • 2 Comments China’s vast shale gas reserves may never get developed because of one major obstacle: water.
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.”
