Spreading the truth. Empowering the people.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In 2013, I called Goldman Sachs a “snake-oil salesman” for underwriting a $1 billion J.C. Penney stock offering. Investors got wiped out. Now the bonds, including … Read more
by John Ward Yet more evidence is emerging to confirm a growing belief among thinking Brits: that both major Parties will do anything – sign away sovereignty, restrict democracy, lie incessantly … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment jumped to 4.97% for the week ending … Read more
By Michael Snyder When debt grows much faster than GDP for an extended period of time, it is inevitable that a good portion of that debt will start to go … Read more