Big Money Guy: Bad Shit Coming 

Hamilton Nolan · 05/26/16 02:35PM

The longer we go without a major financial crisis, the more tempting it becomes for the billionaire investors to jump in with their wager that the next crisis is coming soon. Another master of the universe has officially jumped onto the “doom is at hand” train.

Uh Oh, Bad Things Are Happening

Hamilton Nolan · 02/11/16 09:19AM

For months now, the world has been zapped periodically by mini financial panics, a sign that money people everywhere are extremely skittish. This morning, we have all the makings of a very bad day.

From Boom to Gloom? Doom Looms Soon

Hamilton Nolan · 10/15/15 03:25PM

In 2008, the global economy collapsed. But ever since bottoming out in 2009, we’ve been on a gangbusters recovery. Is it all going to come to an end soon? See for yourself.

New York City Is Going to Stop Making Non-Violent Offenders Pay Bail

Gabrielle Bluestone · 07/08/15 11:05AM

Citing dismal conditions at Rikers Island and a 16-year-old who committed suicide after he was jailed without charges for three years, the city of New York announced Wednesday plans to eliminate bail requirements for non-violent and low-level offenders.

Bubble Watch: Junk Bonds Edition

Hamilton Nolan · 12/15/14 11:10AM

The American economy is booming, for the most part! That means that it is constantly a good time to worry about which part of the economy will collapse first. Today: shitty bonds?

Hamilton Nolan · 11/14/14 09:18AM

Bill Gross, the head of bond firm Pimco, was paid $290 million last year—and then got fired this year! Everybody knows that the financial world is the purest example of pay accruing to winners solely by merit.

Huffing, Puffing, and Blowing Bubbles

Hamilton Nolan · 08/23/10 03:21PM

The Way We Live Now: huffing and puffing and blowing houses down. We're talking economically, okay? Home equity has evaporated. Deflation is inevitable. Credit card rates are increasingly usurious. Your safe investments are bubbles. And your painting's been stolen. Blows.