"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
Chinese insurance company Anbang had to withdraw its $14 billion offer for Starwood because it could not prove it actually had the money. This may also signal the end of insane buying in foreign businesses and properties by Chinese in…
California has so overspent for decades, pumping out ever more bond issues because of course more debt is always the best way to pay off existing debt and prosperity is just round the corner, that it now has a negative…
The economy of Brazil is shrinking so rapidly it could trigger a depression. The Zika virus endangers health of newborn babies. It appears ill-prepared for the coming Summer Olympics. Worst of all, a ginormous corruption scandal threatens the current government…
Some EFTs apparently are little more than sewer catchments for Wall Street to sell risky junk to then foist upon an unsuspecting public as solid investments. Astonishingly, many of them have no physical assets but instead own risky and deliberately opaque…
Freeport McMoRan is one of the biggest mining companies on the planet. Falling copper prices and too much debt are cratering the company and its stock price. They employ 80,000 people. There will be pain. Moodys just downgraded their debt…