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.
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.
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.”
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.
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.
