Trump Tweets, Ford & GM Counter, their Shares Jump, the Peso Plunges, but the Jobs Won’t “Come Back” to the USA by Wolf Richter • Jan 3, 2017 • 65 Comments Whacked by slow demand, Ford cancels plant in Mexico, shifts car production to existing plant in Mexico.
Canada’s Goods Producing Sector Caves by Wolf Richter • Dec 23, 2016 • 70 Comments Exports, particularly to the US get blamed, despite the crushed loonie.
World Trade Falls to 2014 Level, just in Time for a “Trade War” by Wolf Richter • Dec 23, 2016 • 105 Comments Threatened Trade War meets the Great Stagnation.
TiSA: The Transatlantic Corporatocracy’s Last Straw by Don Quijones • Dec 19, 2016 • 46 Comments Trump’s silence on TiSA is deafening.
Currency Armageddon? A Word about the Hated Dollar by Wolf Richter • Dec 15, 2016 • 69 Comments The “death of the dollar” will have to be rescheduled.
Why the Peso Crisis Won’t be “Contained” to Mexico by Don Quijones • Dec 11, 2016 • 33 Comments In a world that has become immensely exposed to Mexico’s debt and peso.
Things Are Getting Serious in Mexico’s Corporate Debt Crisis by Don Quijones • Nov 28, 2016 • 16 Comments Fearing of “a large-scale crisis” in foreign currency debt.
Shipbuilding in Japan, Korea, China Collapses in Death Spiral of Orders by Wolf Richter • Nov 24, 2016 • 54 Comments “Worse than the one following the Global Financial Crisis.”
This is “Unusual Outside a Recession Period”: New York Fed Grapples with Weak Demand by Wolf Richter • Nov 7, 2016 • 48 Comments The red flag: a “slump” in imports despite the Strong Dollar.
Done in by Overcapacity, Stagnant World Trade, and China, Korean Shipbuilders Collapse on Top of Taxpayers by Wolf Richter • Nov 1, 2016 • 48 Comments Orders plunge 87% from an already terrible 2015.