by Wolf Richter The toxic miasma of “distressed debt.” It’s getting tougher out there for our QE and ZIRP-coddled corporate junk-bond heroes. Unisys, whose revenues and profits decline year after year and whose stock dropped […]
by John Rubino on September 15, 2015 Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a […]
by Wolf Richter Dismantling the dollar hegemony one yuan at a time. I’ve been asked many times about the impending “death of the dollar.” I know some folks who expect the dang thing to die. They’re […]
by Wolf Richter Telecom operator Frontier Communications came out of the “shadow calendar” with a $6.6 billion three-part bond offering to fund its acquisition of Verizon’s wireline operations in Florida, Texas, and California. The roadshow […]
By Susan Jones | September 4, 2015 | 8:54 AM EDT The labor force participation rate stayed stuck at 62.6 percent, a 38-year low, for a third straight month in August, the Labor Department reported […]
Brandon Smith It is undeniable; the final collapse triggers are upon us, triggers alternative economists have been warning about since the initial implosion of 2008. In the years since the derivatives disaster, there has been […]
Michael Snyder This article was written by Michael Snyder and originally published at his End of the American Dream blog. Editor’s Note: The events in Greece and Ferguson have been warning for Americans. But now, […]
Michael Snyder This article was written by Michael Snyder and originally published at hisEconomic Collapse blog. Editor’s Comment: These are indeed dangerous times. Those, like Michael Snyder, who saw a stock market crash coming around […]
“As for gold and silver, these markets are both REALLY tight if you want the physical metal. If you are trading paper metal …oh well, can’t help you.” “This is the Great Credit Unwind and […]
Anyone with any sense for global economic trends ought to be worried. The signs are everywhere of a serious deflationary crisis. It is obvious that Chinese growth is falling. The prices for energy and the […]
Copyright © 2012 - 2024 | TLB Project™ LLC