Is that Desperation Hanging Over Europe’s Banking System? by Don Quijones • Feb 25, 2017 • 41 Comments Turns out, Italy’s banking crisis is not fixed.
The Unthinkable Just Happened in Spain by Don Quijones • Feb 18, 2017 • 17 Comments Six central bankers and a financial regulator get dragged to court.
Foreign Governments Dump US Treasuries as Never Before, But Who the Heck is Buying Them? by Wolf Richter • Feb 9, 2017 • 44 Comments There’s now a special math for NIRP refugees in Europe.
What Would it Cost a Country to Leave the Euro? That’s What Everyone Suddenly Wants to Know by Wolf Richter • Feb 7, 2017 • 47 Comments It’s the closest the Eurozone has come to falling apart.
Italy’s “Bad Banks,” Created to Save the Financial System, Are Themselves on Verge of Collapse by Don Quijones • Feb 4, 2017 • 33 Comments “The €20 billion the government set aside is starting to look like small beer.”
Markets Smell a Rat as Central Banks Dither by Wolf Richter • Feb 2, 2017 • 61 Comments NIRP is dying.
“Watch Out for the Shock”: Asset Manager Natixis by Wolf Richter • Jan 31, 2017 • 40 Comments Investors have gotten so used to central bank “laxity” they “cannot believe it will end.”
Is Italy’s Banking Problem Becoming Too Big to Solve? by Don Quijones • Jan 30, 2017 • 35 Comments They said it was contained, but now it hit the largest bank.
Deflation Probability Drops to 0% for Next Five Years by Wolf Richter • Jan 26, 2017 • 95 Comments A “horrifying threat” (lower prices) has been vanquished.
ECB’s Insider Connections Under Scrutiny Again by Don Quijones • Jan 25, 2017 • 20 Comments Necessary to “maintain a dialogue” with external actors, says ECB.