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.
China’s Holdings of US Treasuries Plunge at Historic Pace by Wolf Richter • Jan 18, 2017 • 49 Comments A toxic trifecta for bondholders.
These “8 Men” Own as Much as Poorest Half of the World, Oxfam Reports as Global Elite Hobnobs in Davos by Wolf Richter • Jan 16, 2017 • 129 Comments Even in “rich countries,” more and more people “are no longer willing to tolerate the status quo.”
Bitcoin Collapses, Chinese Latecomers Get Fleeced by Wolf Richter • Jan 12, 2017 • 104 Comments “Capital flight” takes on a bitterly ironic meaning.
Hideous Constellation of Threats and Challenges Facing Mexico by Don Quijones • Jan 8, 2017 • 86 Comments The Risk of Contagion of a full-blown Mexican crisis is far greater today than it was during the Tequila Crisis 22 years ago.
How Bad Will the “Bond Massacre” Get? by Wolf Richter • Jan 4, 2017 • 41 Comments Worse than the 1994 “Bond Massacre,” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
Power & Profit Fuel War on Cash in Europe by Don Quijones • Jan 4, 2017 • 73 Comments But who benefits from the War on Cash?
Who Exactly Benefits from Italy’s Ballooning Bank Bailout? by Don Quijones • Dec 30, 2016 • 40 Comments All these events conform to a well established script.
Scandal & Cover-Up Plagued Toshiba Re-Implodes by Wolf Richter • Dec 28, 2016 • 38 Comments After surging 206% since February!
Bank Bailout Balloons, Tab for Italian Banking Crisis Soars by Wolf Richter • Dec 27, 2016 • 31 Comments Over the Christmas holidays when no one was supposed to pay attention, the bailout costs of Monte dei Paschi, third largest bank in Italy, soared 75%!