Mario Draghi: Charlatan Of The Apparatchiks by David Stockman • Jan 22, 2015 • 3 Comments The ECB’s QE is fraudulent credit – really dangerous, toxic stuff.
Without QE, “Eurozone Financial Markets Would Collapse” by Wolf Richter • Jan 15, 2015 • 10 Comments French Megabank: the ECB is “a prisoner of financial markets’ expectations.”
Peak Irony in No-Exit Union: As Grexit Chaos Resurges, Lithuania Joins by Don Quijones • Jan 2, 2015 • 8 Comments Official secrecy, obfuscation, and deception rule.
Eurozone Comes Back to Reality With a Crash by Don Quijones • Dec 11, 2014 • 2 Comments Any lingering hopes that the debt crisis was put to rest are brutally dashed. Investors are bailing out: Greek stocks down 20% in three days.
The Wrath of Draghi: Biggest German Banks Impose “Negative Interest Rates” by Wolf Richter • Nov 20, 2014 • 13 Comments “Punishment Interest” Germans call it with Teutonic precision. Bank: “Just stop saving.”
The Mother of all Jobs in the EU by Don Quijones • Oct 25, 2014 • 11 Comments The new Eurocratic elite is worried. Deep cracks are spreading.
Finland Downgraded, Prime Minister Busy Eating his Euro-Crisis Words that AAA-rated Countries Should ‘Dictate the Rules’ by Wolf Richter • Oct 10, 2014 • 16 Comments Et tu, Finland?
Standard & Poor’s Warns on Germany Triggering the Next Debt Crisis, Investors Would Lose their Shirts by Wolf Richter • Sep 24, 2014 • 5 Comments A true debacle is unfolding. Just when we thought the euro was finally safe.
Young Italian Prime Minister Dares (!) to Defy Troika by Don Quijones • Aug 12, 2014 • 4 Comments “I’m not part of that system that has destroyed this country,” said Prime Minister Renzi. National leaders were deposed by the Troika for lesser sins.
European Banks Begin to Sweat As ECB Promises Scalps by Don Quijones • Jul 21, 2014 • 2 Comments European bankers have begun sweating, not because of the harsh heat, but fear – of what could happen as battalions of bank auditors take up temporary residence at the headquarters of the biggest banks.