The Fracking Bust Hits Home by Wolf Richter • Feb 13, 2015 • 5 Comments Never before has drilling for oil collapsed this far this fast.
Something Rotten Is Piling Up in this Economy by Wolf Richter • Feb 13, 2015 • 15 Comments Gets even worse: total business inventories balloon to Lehman-Moment levels.
Oil Bust Hits Office Construction Boom, Banks, Suppliers – But Hey, “So Far” No Apocalypse by Wolf Richter • Feb 12, 2015 • 8 Comments “Not pushing the panic button by any means” – Texas Department of Banking.
A New Red Flag for Our Rosy Economic Scenario by Wolf Richter • Feb 10, 2015 • 8 Comments Wholesale inventories balloon to Lehman-Moment levels.
American Workers ‘Roadkill’ for Lobbyists, Immigration Lawyers by Wolf Richter • Feb 7, 2015 • 28 Comments Replaced by H-1B worker? Congress caved to corporate search for cheap labor.
Why the Beautiful New Greek Government Is Screwed by Wolf Richter • Feb 6, 2015 • 21 Comments The Greeks have lost their sharpest weapon: the financial markets.
In Search of Cheap Labor in Tech: Behind the H1-B Visa Scenes by Wolf Richter • Feb 5, 2015 • 49 Comments “They’re bringing in people with a couple of years’ experience to replace us, and we have to train them.”
Oil Glut Gets Worse – Production, Inventories Soar to Record by Wolf Richter • Feb 4, 2015 • 9 Comments “Oil markets rarely exhibit V-shaped recoveries.”
How Long Can Central Banks Push Bonds to Absurdity? by Wolf Richter • Feb 4, 2015 • 14 Comments Throw enough money at anything, and you’ll kill it.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”