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.
Subprime Spikes Auto Sales, Delinquencies Soar, Industry in Total Denial, Fallout to Hit Main Street by Wolf Richter • Jan 9, 2015 • 8 Comments The industry is drunk with its own enthusiasm.
The Greater Abomination: Washington’s Lies About TARP’s “Success” Are Worse Than The Original Bailouts by David Stockman • Dec 23, 2014 • 1 Comment The Fed’s “No Banker Left Behind” Program.
What the Heck Just Transpired in the Global Markets? by Wolf Richter • Dec 14, 2014 • 8 Comments Stocks, junk bonds, oil, and the bitter whiff of international chaos.
The Next Auto Subprime Bust by David Stockman • Nov 19, 2014 • 4 Comments It is only a matter of time before the boom in auto junk implodes under the pressure of rising default rates.
Media “Shocked” by Japan’s GDP Fiasco? by Wolf Richter • Nov 18, 2014 • 7 Comments Turns out, destroying the purchasing power and wealth of the people also drags down the real economy.
Why Moody’s Cut Russia to Two Notches above Junk by Wolf Richter • Oct 19, 2014 • 4 Comments Despite Russia’s still high foreign exchange reserves and still strong balance sheet.
House Flipping Has “Jumped the Shark” by WOLF STREET Reader • Sep 26, 2014 • 3 Comments Troubles in DC’s “recession proof” housing market.
Listen to the Slowing US Economy, Hear Echoes of Japan by Larry Kummer • Sep 24, 2014 • 3 Comments The consensus of economists never sees a recession until after it begins.
Iceland Officials Fret Growing Bubble Threatens Entire Pension System by Contributor • Sep 19, 2014 • Comments Off on Iceland Officials Fret Growing Bubble Threatens Entire Pension System “We’re seriously concerned.” And they’re locked in due to capital controls.
