It Begins: Palace Revolt against ECB’s NIRP by Wolf Richter • Mar 4, 2016 • 57 Comments If “punishment interest exceeds the pain threshold….”
“Valuations Will Fall Back”: Bank of England Gov. Carney Pooh-Poohs NIRP Miracle by Wolf Richter • Feb 28, 2016 • 39 Comments “Derail an expansion and deepen a subsequent recession.”
ECB Unveils Ingenious Strategy to Reduce Banking Stress by Don Quijones • Feb 27, 2016 • 12 Comments Trying to prop up confidence by hook or crook.
A New Level of Absurdity by Bill Bonner • Feb 22, 2016 • 32 Comments The Boneheaded Logic of Negative Interest Rates.
Revolt against NIRP Breaks out, Bank of Japan “Baffled” by Wolf Richter • Feb 19, 2016 • 28 Comments Meanwhile, exports collapse at fastest rate since 2009.
I’m in Awe at Just How Fast Global Trade is Unraveling by Wolf Richter • Feb 15, 2016 • 59 Comments It simply doesn’t let up.
Italy’s Banking Crisis Spirals Elegantly out of Control by Wolf Richter • Feb 14, 2016 • 43 Comments How to dump toxic waste on the pubic through the backdoor.
Banking Crisis in Europe? Deutsche Bank’s CoCo Bonds Collapse by Wolf Richter • Feb 9, 2016 • 33 Comments Schäuble tries to soothe nerves, but the plunge gets worse.
It’s Official: Cash is Now Public Enemy Number One by Don Quijones • Feb 9, 2016 • 41 Comments First Major Offensive in War on Cash.
Contagion Hits Japanese Banks, Nikkei Plunges, 10-Year Yield Negative for First Time Ever by Wolf Richter • Feb 9, 2016 • 22 Comments A banking crisis radiating out from Europe?
