Who’s Most Afraid of Contagion from Italy’s Bank Meltdown? by Don Quijones • Jul 10, 2016 • 40 Comments French and German banks.
Fear, Loathing & Record Money-Making in Government Bonds by Wolf Richter • Jul 9, 2016 • 51 Comments Here’s the gloomy scenario the “smart money” is betting on.
NIRP Absurdity Soars after Brexit, Hits $11.7 Trillion by Wolf Richter • Jun 29, 2016 • 49 Comments No one knows how to back out without blowing up the whole system.
How Vulnerable is the Shaky US Economy to Brexit Fallout and European Bank Meltdown? by Wolf Richter • Jun 27, 2016 • 32 Comments Business optimism “lowest since the height of the Financial Crisis.”
European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
ECB Blows €400bn on “Brexit Black Friday” Bank Bailouts by Wolf Richter • Jun 26, 2016 • 42 Comments Dealing with a Financial Crisis under the cover of Brexit Chaos.
What the Heck’s Going on in Global Stocks? by Wolf Richter • Jun 19, 2016 • 44 Comments The NIRP Rout.
Brexit Chaos to Serve as Cover for ECB Bank Bailouts by Don Quijones • Jun 14, 2016 • 38 Comments European banking crisis gets impatient.
NIRP Absurdity Sets Record, Euro Stocks Drown in Bear Market by Wolf Richter • Jun 14, 2016 • 32 Comments Glorious times for Draghi’s scheme.
Even Central Bankers Begin to Despair of the Draghi Effect by Don Quijones • Jun 12, 2016 • 8 Comments The consequences of low interest rates.