“Hot Money” Flees Latin America, Triggers Currency Bloodbath, Risk of Mega Debt Crisis by Don Quijones • Aug 26, 2015 • 14 Comments Blood on the Bourse.
Canada “Getting Clocked” by Something Far Bigger than Oil by Wolf Richter • Aug 18, 2015 • 38 Comments The oil price collapse is bad, but this is worse.
Carlos Slim, World’s 2nd Richest Man, Mexico’s Biggest Oligarch, Master of Slimlandia, Suddenly Loses Billions by Don Quijones • Aug 12, 2015 • 7 Comments What the heck is going on with the fortune that represents 6% of Mexico’s GDP?
Mexican Peso Dives, Fretting Begins About Peso Crisis by Don Quijones • Jul 29, 2015 • 7 Comments “Everyone got used to playing with free, easy money. Now it’s going to cost us.”
Spanish Construction Giant Reels From Mexican Hangover by Don Quijones • May 10, 2015 • 4 Comments Shares plunged 22%. The company denied all allegations, called the recordings “industrial espionage.” But wait…
“Slimlandia”: Mexico in the Grip of Oligarchs by Don Quijones • Sep 25, 2014 • 8 Comments Mexico is subject to the whims of oligopolies run by a small coterie of hyper-connected individuals who now effectively own the country.