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Weirdest Economy Ever

Tag Archive for Gambling revenues

Macau’s Economy Blows Up

by Wolf Richter • Aug 31, 2015 • 4 Comments

The 18-month plunge from hell.

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FRONT PAGE

Historic Mania in SPACs, IPOs. Huge Fees for Wall Street Banks. Mega Paydays for Insiders. Disdain for Valuations. Blind Faith that “This Time It’s Different”

by Wolf Richter • Jan 24, 2021

Another sign the zoo has gone nuts. “If you don’t have your own SPAC, you’re nobody.”

Time to Worry About Stock Market Leverage Again: Another WTF Sign the Zoo Has Gone Nuts

by Wolf Richter • Jan 21, 2021

In a world where valuations are irrelevant.

American Restaurants: the Catastrophe of the Second Wave, City by City

by Wolf Richter • Jan 21, 2021

Running a restaurant is tough even during the Good Times. But the strain put on restaurants now was beyond imagination not long ago.

Eviction Bans, Surging Apartment Vacancy Rates Trip up CMBS Backed by 43 Apartment Buildings

by Wolf Richter • Jan 20, 2021

“Physical occupancy” rate (tenants living in the apartment) v. “economic occupancy” rate (tenants actually paying rent).

Central Bank Machinations with No Exit: ECB Leaks New Thingy, It’s Doing Yield Spread Control

by Wolf Richter • Jan 19, 2021

This is not your grandmother’s “yield curve control.” There is only one thing that could force this ECB absurdity to end: a big bout of inflation.

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