Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-56394 Thu, 26 Mar 2015 16:44:57 GMT U.S. Home Prices Are Surging 13 Times Faster Than Wages In many markets, the housing recovery has "largely been driven over the last two years by buyers who are not as constrained by incomes -- namely the institutional investors coming in and buying up properties as rentals,  and international buyers coming in and buying, often with cash," Daren Blomquist, vice president at RealtyTrac and author of the report, said in an interview...

With the economy improving and home prices climbing, central bankers seem to have achieved at least part of their goal. However, investors have reaped much of the benefits of rising prices, while meaningful wage growth -- and with it the ability of many Americans to buy homes -- has yet to materialize. That's been one reason housing has posted such inconsistent progress over the past two years, even with mortgage rates near historical lows.

iehi-feed-56390 Thu, 26 Mar 2015 14:31:33 GMT Price of Ground Beef Hits Record in February: $4.238 Per Pound (A 13.3% YEARLY INFLATION RATE SINCE QE!!) iehi-feed-56389 Thu, 26 Mar 2015 14:28:26 GMT Dow tumbles 292 points as economy shows cracks iehi-feed-56387 Thu, 26 Mar 2015 14:09:19 GMT U.S. consumer watchdog unveils plans to regulate payday loans iehi-feed-56386 Thu, 26 Mar 2015 00:30:17 GMT U.S. stocks sell off, dollar slips on growth worries iehi-feed-56385 Wed, 25 Mar 2015 18:08:46 GMT Indian Gold Import Exploding In March; Government Looks Towards New Suppression Schemes - Koos Jansen iehi-feed-56384 Wed, 25 Mar 2015 18:02:37 GMT More capital controls as France declares war... on cash iehi-feed-56383 Wed, 25 Mar 2015 17:46:02 GMT European Central Bank edges closer to pulling the trigger on Greece According to reports, the ECB will move to officially ban Greek banks from increasing their holdings of the country's short-term sovereign debt, in a bid to break a potentially toxic link between lenders and the stricken sovereign.

The restriction will place a further squeeze on the cash-strapped Greek government, which could run out of money to pay wages and pensions by the end of next month.

Speaking to the European Parliament on Monday, Mario Draghi denied the ECB was acting unfairly towards the Leftist government: "We haven't created any rule for Greece, rules were in place and they've been applied," said Mr Draghi.

iehi-feed-56378 Wed, 25 Mar 2015 17:09:41 GMT Spanish anti-austerity party Podemos wins 15 seats in Andalusia iehi-feed-56377 Wed, 25 Mar 2015 17:07:14 GMT CNBC: 401(k) Plans Are Failing Retirees iehi-feed-56376 Wed, 25 Mar 2015 17:02:31 GMT Beijing to Shut All Major Coal Power Plants to Cut Pollution iehi-feed-56374 Wed, 25 Mar 2015 02:24:51 GMT Westward ho on China's Eurasia BRIC road | Pepe Escobar iehi-feed-56373 Wed, 25 Mar 2015 02:22:14 GMT Bank analysts predicting gold price and demand growth, but still undershooting iehi-feed-56372 Wed, 25 Mar 2015 02:20:50 GMT China gold demand ups when price dips iehi-feed-56365 Tue, 24 Mar 2015 01:15:14 GMT Iran is ready to crash "Pipelineistan" | Pepe Escobar iehi-feed-56362 Mon, 23 Mar 2015 13:59:45 GMT France is Europe's 'big problem', warns Mario Monti iehi-feed-56361 Mon, 23 Mar 2015 13:52:55 GMT Leaked Tsipras Letter to Merkel Shows Increased Desperation, Warns of Imminent Default iehi-feed-56359 Sun, 22 Mar 2015 13:54:31 GMT Pink Slips: 100,000 Jobs Wiped Out Amid Oil Price Collapse iehi-feed-56358 Sun, 22 Mar 2015 13:28:48 GMT The Fallout of "Flash Boys" iehi-feed-56356 Sun, 22 Mar 2015 13:13:03 GMT "Deflation" Is Not Actually Bad