Swedish Central Bank Makes U-Turn on Cash as NIRP is Ending by Don Quijones • Oct 26, 2018 • 15 Comments Cash is less of a threat to central bank policies when interest rates rise above zero.
Spain’s Mortgage Market Seizes Up, Bank Stocks Sink, Legal Uncertainty Reigns by Don Quijones • Oct 24, 2018 • 15 Comments A fiasco threatens to spiral out of control.
Defiant Energy Policy of Mexico’s President-Elect Rattles Moody’s and Fitch by Don Quijones • Oct 23, 2018 • 6 Comments But it’s going to be tough; he’ll need more than luck to pull it off.
Backlash Against War on Cash Reaches the Bank of Canada by Don Quijones • Oct 20, 2018 • 42 Comments A cashless society could have “adverse collective outcomes.”
Spain’s Supreme Court Flip-Flops on Mortgage Ruling After Just 1 Day Amid Bank Stocks Bloodbath, Legal Shitstorm Erupts by Don Quijones • Oct 19, 2018 • 15 Comments Plunging bank stocks got the Court’s attention, or something.
Italy’s Debt Crisis Thickens by Don Quijones • Oct 18, 2018 • 28 Comments But outside Italy, credit markets are sanguine, and no one says, “whatever it takes.”
New Market Rigging Scandal Tangles Up Already Teetering Construction Giants in Europe by Don Quijones • Oct 17, 2018 • 19 Comments Italian and Spanish construction companies with global projects on the brink or over the brink.
Why’s the World’s Biggest Asset Manager Advising the ECB on the Health of EU Banks? by Don Quijones • Oct 15, 2018 • 40 Comments BlackRock is “a market power that no state can control anymore.”
“Concerned” Bank of England Raises Alarm about Growth of High-Risk Loans by Don Quijones • Oct 10, 2018 • 12 Comments “The global leveraged loan market is larger than – and growing as quickly as – the US subprime mortgage market was in 2006.”
Revealed: The Run on Banks in Catalonia after the Independence Vote was Fomented by Madrid by Don Quijones • Oct 9, 2018 • 20 Comments The clandestine role of the Spanish government in a run on deposits that drained €29 billion from Catalan banks.
