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.
Government Bond & Mortgage “Meltdown” Crushes NIRP by Wolf Richter • Dec 2, 2016 • 105 Comments And the spike in mortgage rates will come in handy.
China Inc. & Billionaires Dodge Capital Controls via Global Buyout Binge. Government Not Amused by Wolf Richter • Nov 27, 2016 • 64 Comments The fear of further yuan devaluation.
Bank of England Trips over London House-Price Bubble, Hilarity Ensues by Wolf Richter • Nov 18, 2016 • 18 Comments “Landlords have been unable to raise rents…”
India Launches War on Corruption, Hits Cash, Chaos Ensues by Don Quijones • Nov 15, 2016 • 63 Comments “Economic Shock & Awe” turns into “Nightmare Without End.”