Category Archives: Doomsday scenarios

Wolf Richter: This Toxic Trifecta for Auto Loans is Fueling #Carmageddon

Recent vintage auto loan securitizations are going rancid, and for good reason.

West Coast on an Acidification Trip; Fishing Industry in Peril

Ocean acidification produced by global warming is bleaching coral reefs and threatening ocean life, yet gets little media coverage.

Trump Using Failed Australian “Asset Recycling” to Justify Mass Privatizations

Why would Trump adopt a foreign model for infrastructure that even conservatives deemed a failure? Apparently for the looting.

Slugging It Out With a New Contender in the GMOs Debate

One of the big benefits claimed for GMOs may be false.

Climate Change: “It Depends on How We They Value Time”

Why conventional economic approaches give dangerously misguided answers when applied to climate change.

Despite Wobbles, Theresa May Still Expected to Lead Conservative Win This Week

Despite Theresa May looking at risk in many UK polls, the distribution of seats in play may give the Tories the advantage.

Patrick Cockburn: U.S. & Russia Bomb Syria’s Civilians When They Could Help End its War

Analyzes developments in Syria and says war could end if the U.S., Saudi Arabia, Russia, and Iran were willing to make an agreement. If only.

Starved School Budgets Across the US: A Symptom of Education Funding Crisis

School budgets are in worse shape in many parts of the US than you might have imagined.

Don Quijones: Shock Waves Spread from Spain’s New Banking Crisis

Market consequences of latest banking crisis in Spain, triggered by the collapse of housing prices that caused plunge Banco Popular shares to plunge.

Why International Financial Crises?

Despite the high cost of financial crises, the world seems no closer to making needed reforms.

Who Will Take America’s Place in Asia?

A look at America’s misguided Asia policies.

Wolf Richter: Dear Fed, It’s Not “Really Hard to Spot Bubbles”

Here are some visual aids to help the Fed spot the housing bubble.

New York Attorney General: Feds Must Address Bakken Crude Oil Bomb Trains. Feds: Maybe Later?

Both parties share credit for the continued failure to impose limits on the volatility of crude oil transported by rail.