Spreading the truth. Empowering the people.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Just bumping along the bottom, from hopeless to hope and back to hopeless. The amazing thing with Deutsche Bank shares is this: Since 2007, so for … Read more
There are a number of symptoms of a downward-spiral of civilization, here I go through 5 which show us how uncertain the future really is.
But sales of “superminis” are growing. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Sales of new passenger vehicles, as measured by registrations, fell 3.4% in March from a … Read more
via Money: Drivers in the United States railing against the wild driving habits of teenagers may have to find another target for their road rage after the release of a new … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bitter irony: Government told first-time buyers 5 months before bust began to “get into the Sydney housing market”; once in, “you’re pretty well set for … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is getting serious. Sales of new passenger vehicles, as measured by registrations, dropped 5.5% in December from a year earlier in the UK, the second … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bottom fishers were taken out the back and shot. It just doesn’t let up with Deutsche Bank — or with European banks in general. A new … Read more
by Martin Armstrong The latest data from Euro Stat for September 2018 demonstrates the complete failure of the ECB and its Quantitative Easing. The Euro area (EA19) seasonally-adjusted unemployment … Read more
by Charles Hugh-Smith Here’s the difference between a recession and a depression: you can’t get blood from a stone, or make an insolvent entity solvent with more debt. There are … Read more
by John Rubino The yield on Italy’s 10-year bond is up by about 100 basis points from its 2018 low. Meanwhile, its government continues to borrow money and roll over … Read more
by Geoffrey Grider Facebook is in real, serious trouble, and it just set the record for the biggest one day stock loss in American history. And it couldn’t have happened … Read more
by Jesse “Last year Simon & Schuster released The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives by the Pulitizer Prize winning journalist at ProPublica, Jesse Eisinger. If you read … Read more
by Chris Black Germany and the United Kingdom are Europe’s power-houses, both in terms of their economies and population numbers. Even if the Britons voted 2 years ago to leave … Read more
From Birch Gold Group Just like a car with a bad cooling system, the U.S. economy may be overheating, and could break down soon. Why? Aside from trade wars, geopolitical tension, and debt, inflation might stand … Read more
by John Rubino When an entity needs to borrow ever-greater amounts of money to survive, the markets – that is, the people who are being asked to lend the money … Read more
by Dave Kranzler of Investment Research Dynamics The inevitable is finally starting to unfold. The downgrade to triple-C by Moody’s came as a surprise, at least to me. Historically Moody’s has been the … Read more