The wheels are about to fall off the US bank loan market.
Submitted by Wolf Richter via WolfStreet.com,
One month ago, we presented a stunning fact from Credit Suisse: barely a quarter into 2017, [annualized] year-to-date retail store closings have already surpassed those of 2008.
Just under two weeks since the emergency at the Hanford nuclear facility in Washington state (following a tunnel collapse), NBC's local affiliate King5 reports Hanford’s owner, The U.S. Department of Energy, is scrambling to deal with a second emergency - signs have emerged that a massive underground double shell nuclear waste holding tank may be leaking.
Authored by Jayant Bhandari via Acting-Man.com,
Authored by Charles Hugh-Smith via OfTwoMinds blog,