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%!
Foreigners are Dumping US Treasurys as Never Before by Wolf Richter • Dec 15, 2016 • 131 Comments Hence the bloodletting in what’s considered one of the most conservative investments in the world.
Here Are the Multinationals whose Bonds the ECB is Discreetly Buying by Don Quijones • Dec 15, 2016 • 27 Comments Its new role as “debt-buyer of first resort” raises a whole litany of concerns.
How Inflation Bites Much More than the Official Hoax by Wolf Richter • Dec 11, 2016 • 162 Comments The numbers are out. Even Japanese consumers, supposedly suffering from deflation, are getting whacked. No one escapes.