Rebellious Fed head Lacker fired at “implicit guarantees” to bail out bank creditors. Covered liabilities, the size of US GDP.
Printing yourself out of trouble and to wealth works. For the elite. Even in Japan. But how are workers and consumers faring? And by implication the real economy?
In the US and Europe, 95% of the buyers are male. Average age is 55. What's different in China?
The math just shot craps.
Germany has neither a minimum wage nor a government. Someday it might have both.
A hot, phenomenally profitable export product with minuscule input costs and unlimited potential.
It wasn’t “disenchantment,” explained Euro Disney CEO Philippe Gas, but an “economic problem.”
“How Can I Explain To My Clients Afterwards That We Had A Third Crash In 15 years?”
The bailed-out owner of the Fukushima nuke, famous for its lackadaisical handling of the fiasco and its stinginess with the truth, reported earnings. It was a doozie.
All bets are off.
Wallowing in Fed-Induced Stock Market Delirium, Even Texas Instruments Admits: Stocks Are OverpricedSubmitted by testosteronepit on 10/22/2013 14:14 -0500
Stocks balloon, we’re incessantly told, because revenues and earnings rise. But what if they sag for years, and the stock still balloons?
IBM tried to come up with a panic-free explanation for the sudden collapse of hardware sales in China, but the Chinese government had warned of the coming fiasco in mid-August
Time runs out on Italian and Spanish banks. But the truth is fatal.
Stock market now held up by its one and final prop, a jerry-rigged, haphazard device with destructive side effects.
The zero-nuclear option has a hugely popular and powerful backer in Shinzo Abe’s own party: former Prime Minister Koizumi