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via MarketWatch: PG&E’s bankruptcy would result in a default of $17 billion of its bonds If Pacific Gas & Electric Co. follows through with its bankruptcy announcement, the country’s … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001. “PG&E remains committed to providing safe natural gas … Read more
via Forbes: When Oracle rolled out its Autonomous Database earlier this year, Executive Chairman and CTO Larry Ellison thought the biggest selling point would be that it eliminates the cost of human … Read more
via 13d: On a personal level, political and macroeconomic level, there are few questions with more significant implications for Americans. The following article was originally published in “What I Learned This … Read more
Libor hits decade high pic.twitter.com/QluHNk7jNk — Alastair Williamson (@StockBoardAsset) November 7, 2018 A Worldwide Debt Default Is A Real Possibility Is debt good or bad? The answer is “Yes.” Debt … Read more
Greg Hunter gives the Weekly News Wrap-Up for Friday, October 19th, 2018 The stock and bond markets look like they are wobbling and signaling a warning. One day the stock market is up … Read more
via Bloomberg: While Wall Street and U.S. President Donald Trump tout news of a booming stock market and low unemployment, college students may be quick to roll their eyes. The improved economy … Read more
by QuartzPuffyStar Yesterday I at last updated my old Lollipop Android to the Marshmallow version, and after being happy with the hud improvements and speed of my phone, I was … Read more
via thebubble: In an interview with Bloomberg TV, President Mauricio Macri rejected the possibility that Argentina will default on its debt payments, emphasizing on the “international support” the country has, “especially from … Read more
via Zerohedge: Having revolutionized investing for both ordinary retail investors and institutions, and increasingly crowding out traditional asset managers, ETFs have set their sights on yet another market to disrupt … Read more
Authored by Daniel Lacalle via The Mises Institute, In this era of monetary fiction, one tends to read all types of undocumented and misguided views on monetary policy. However, if … Read more
We have a bona fide Wall Street legend on the podcast today – Marty Fridson, referred to as the “Dean of High Yield” because of his unique knowledge of toxic … Read more
by Martin Armstrong The rumors running around is that Turkey will default as Erdogan decides to move to align with Iran and Russia and leave the West behind. While there have been … Read more
www.nytimes.com/interactive/2018/08/25/opinion/sunday/student-debt-loan-default-college.html Millions of students will arrive on college campuses soon, and they will share a similar burden: college debt. The typical student borrower will take out $6,600 in a single … Read more
by stockboardasset More than one million American student loan borrowers default on their debt each year, a new report says. That means by 2023, approximately 40 percent of borrowers are expected to default. … Read more
The energy sector is starting to price in a global slowdown#OOTT pic.twitter.com/2t3oWGO2PO — Daniel Lacalle (@dlacalle_IA) August 16, 2018 The Emerging Market Sudden Stop: 1. Build massive fiscal and trade … Read more