Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A vicious cycle, kicked off by cheap debt that’s suddenly not cheap, after 8 years of experimental monetary policies. The dollar has risen nearly 2% since Thursday last week. Since April 17, when this move started, …
Companies splurge on the largest container ships, consolidation rages, no one wants to back off. By MC01, a frequent commenter on WOLF STREET: In August 2016, Hanjin Shipping Co., at the time the world’s seventh largest container carrier, sought bankruptcy protection. It …
Prior to this year, the state of Florida was regarded as one of the worst possible states to be caught in possession of cannabis. According to a 2009 analysis by former NORML Director Jon Gettman, no state in this country punished people …