“Tech” Paid $5 Billion in Fees to Wall Street in 2016, and Look What it Got for it by Wolf Richter • Sep 8, 2016 • 27 Comments Most often it just leads to more shut-downs, write-offs, and layoffs.
Canadian Debt Slaves Pile it on, Millennials Fall Behind by Wolf Richter • Aug 18, 2016 • 25 Comments But the Economy is Bogged Down.
It Starts: Subprime Auto Loans Implode (in Your Bond Fund) by Wolf Richter • Feb 23, 2016 • 34 Comments “Fears of an impending liquidity crunch in that asset class.”
The Home as Miracle Subprime ATM Re-Surges by Wolf Richter • Jan 29, 2016 • 40 Comments A great moment for the US housing market.
“Bank Failures and Systemic Breakdowns”: Regulator Warns on Autos, Subprime, Commercial Real-Estate… by Wolf Richter • Oct 21, 2015 • 32 Comments “Reminds me of what happened in mortgage-backed securities in the run up to the crisis.”
The Time Bomb under Canada’s Economy: Soaring Household Debt, and Suddenly Delinquencies! by Wolf Richter • Sep 16, 2015 • 19 Comments “Fortunately, there’s little need to fret about households’ ability to carry all that debt.”
The Risk of Contagion is Permanently Higher by Contributor • Aug 1, 2015 • 14 Comments I wouldn’t say I’m scared, but I have a general anxiety of “something bad” happening.
The “Internet of Things” Gets Hacked To Smithereens by Wolf Richter • Jul 31, 2015 • 18 Comments Nothing is secure, not even drug infusion pumps in hospitals.
This is What We’ve Been Waiting for, the True Recovery of the American Economy by Wolf Richter • Jul 31, 2015 • 42 Comments Consumers Finally “Getting on with Their Lives” as Credit-Card Debt Slaves: Equifax
World Trade Drops Most Since Financial Crisis by Wolf Richter • Jul 22, 2015 • 17 Comments The reason corporate revenues are so crummy?