Wolf Street
During the Financial Crisis, consumers deleveraged by walking away from their debts. And now, with 20 million people still claiming unemployment insurance? The opposite is happening.
Read More »American Debt Slaves in the Weirdest Economy Ever
Founder, Wolf Street Corp.
In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.
“Creative Destruction” or Just “Destruction”?
Under the effects of the Pandemic, consumers and businesses grapple with their own “Reset.”
Read More »The Big Boys Are Back: Financializing Single-Family Houses
As after the last crisis, fueled by ultra-cheap money, they’re taking financialization of the housing market to the next level: Now it’s buy-to-rent, build-to-rent, sale-leasebacks, and buy-to-sell.
Read More »What’s Behind the Fed’s Project to Send Free Money to People Directly
A lump-sum payment in digital dollars for all Americans during a recession or to raise inflation as an alternative to QE and negative interest rates, which have failed.
Read More »Great Time to Turn a Nest Egg into Scrambled Eggs
It just looks so tempting.
Read More »This Tech-Stock Sell-Off Is a Sign Something Broke
SoftBank was only a cog in the huge machinery.
Read More »Second Wave of Layoffs is Here, Now Hitting Well-Paid Jobs
A sort of sector rotation of layoffs, and it’s not a good sign, even as millions of lower-wage workers are being hired back.
Read More »Second Wave of Layoffs is Here, Now Hitting Well-Paid Jobs
A sort of sector rotation of layoffs, and it’s not a good sign, even as millions of lower-wage workers are being hired back.
Read More »The Zombie Companies Are Coming
Easy money is a curse for capitalism.
Read More »The Zombie Companies Are Coming
Easy money is a curse for capitalism.
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