No Longer The Luckiest Generation: Boomer Finances Start To Roll Over

Authored by John Rubino via DollarCollapse.com, We Baby Boomers timed it perfectly. We came of age during in an era of plentiful jobs and relatively...

China’s Fatal Dilemma

Authored by Charles Hugh Smith via OfTwoMinds blog, Ending the limited quarantine and falsely proclaiming China safe for visitors and business travelers will only re-introduce the...

The Fed Will Give Banks A $36 Billion Taxpayer-Funded Subsidy This Year

Submitted by Elliott Middleton Before 2009, the Fed did not pay interest on banks' excess reserves held at the Fed. This practice was introduced as...

Will The Bursting Of The Tech Bubble Crash The US Office Market

If there is one thing the WeWork fiasco has taught us, it is that cracks in many legacy narratives - most notably that of...

“Hidden Debt Loophole Could be Widespread”: Fitch

uthored by Wolf Richter via WolfStreet.com, Use of this financial instrument has ballooned. No one knows to what extent because there’s no disclosure. But it...

“The Collapse Is Here”: Initial U.S. Auto Sales For September Paints An Ugly Picture

After a couple months of stagnation, automobile sales in the United States took a significant step backwards in September, according to Bloomberg. This sets the stage for...

The ‘SMART’ Money Is Dumping Stocks As BTFD Officially Ends

Professional money managers were leery about buying stocks during the recent rebound, judging from Bloomberg's Smart Money Flow Index, which tracks Dow Jones Industrial Average...

“It Was Wall Street Meets Apocalypse Now”: Why Palantir “Knows Everything About You”

Palantir, the secretive Silicon Valley startup that is an object of popular fascination thanks to its work with US intelligence, is having a surprisingly...

NYC Businesses Struggling After $15 Minimum Wage Results In Layoffs, Understaffing

It's been over six months since New York City implemented a mandatory $15 minimum wage, and businesses are already starting to struggle with the...

Chinese Companies Won’t Buy ‘A Trash Can’ In The US, JPM Banker Says

Steve Bannon's proposal to ban Chinese firms from American financial markets - that is, to stop them from IPOing on the NYSE or Nasdaq,...

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