by Boo_Randy Millions of Chinese bagholders pre-paid for apartments that will likely never be completed as deeply indebted property developers are going bust left and right. Now huge numbers of those baggies have vowed to stop making their mortgage payments, …
Netflix laid of 150 employees on Tuesday, many of whom were working on creating and promoting projects focusing on marginalized communities Firm additionally fired nearly 70 employees working for its social media and publishing teams, including Strong Black Lead, Golden, …
With perfect timing as the new government embarks on restructuring Mexico’s oil industry. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Mexico’s embattled oil giant Pemex has almost tripled its estimate of the potential reserves offered by Ixachi, a …
via silverdoctors: Legendary investor Stanley Druckenmiller was recently interviewed by Real Vision, and the interview has since been made public. Carve out the time to watch the entire video as it provides a wealth of information that people would normally have to pay to …
“Even a small deterioration” in its perceived credit risk could take a big financial toll on Mexico. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Mexico’s President-elect, Andrés Manuel Lopez Obrador (AMLO), does not enter office until December 1, …
https://www.youtube.com/watch?v=maAu6AFFDwk She is a clown but a dangerous at that! She should be arrested for treason and sedition. JK
Authored by Charles Hugh Smith via OfTwoMinds blog, Market “fixes” fuel wealth/income inequality which feeds political and social instability. There are two Grand Narratives about the U.S. economy and asset markets: the mainstream narrative is that nothing is fundamentally wrong with …
via Jenny Strasburg and Ryan Tracy The Federal Reserve has designated Deutsche Bank AG’s sprawling U.S. business in “troubled condition,” a rare censure for a major financial institution that contributed to constraints on its operations, according to people familiar with the matter. The …