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.
“Death of the Dollar” Not Yet by Wolf Richter • Jun 10, 2016 • 84 Comments Dollar “hegemony” meets NIRP.
ECB Gets Clocked by the Two Biggest German Banks by Wolf Richter • Jun 9, 2016 • 34 Comments A government-backed Revolt against NIRP-Obsessed Draghi.
This is How Draghi Will Sock it to Investors that Weren’t Invited to the Secret Meetings by Wolf Richter • Jun 7, 2016 • 14 Comments They’re all getting ready for tomorrow.
“The Specter of a Break-up Is Haunting Europe” by Don Quijones • Jun 5, 2016 • 28 Comments Internal Strife and Divisions Blossom in Euro Land.