Michael Snyder This article was written by Michael Snyder and originally published at his End of the American Dream blog. Editor’s Comment: The Middle Class is mostly now a memory. Statistically, the majority of all […]
Once financial engineering fails, all bets are off by Wolf Richter Wal-Mart had a bad-hair day. Its shares plunged $6.71, the largest single-day cliff-dive in its illustrious history. They ended the day down 10%, at […]
By: Puru Saxena BIG PICTURE – Global business activity is slowing down and the majority of the developing nations are experiencing severe economic problems. Over in the developed world, Japan is contracting again, Euro zone […]
Christopher Hamilton Summary Global annual population growth peaked in 1988 and is decelerating. Global annual population growth is estimated to be back to 1950 levels by 2050 but the bulk of “growth” will be among […]
BY: JERRY ROBINSON ANALYSIS: Russia, Syria and the Clash of Empires Two days after U.S. President Barack Obama and Russian President Vladimir Putin smiled and shook hands in front of cameras, Moscow launched surprise airstrikes […]
by Tyler Durden DB’s Jim Reid lays out the “endgame” scenario, one which this website first said is inevitable back in 2009. With Citi [11]and Macquarie [12]already on board, expect what was once merely the […]
POSTED BY: JERRY ROBINSON ANALYSIS: The Impending Financial Crisis That Will Rock the Petrodollar My research on the petrodollar system began just after the events of September 11, 2001, as I, like most Americans, […]
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 […]
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