Despite Years of ECB’s QE (Ending Soon), Italy’s “Doom Loop” Still Threatens Eurozone Financial System by Don Quijones • Mar 15, 2018 • 26 Comments Even banks outside Italy have an absurdly out-sized exposure to Italian sovereign debt.
Cash Refuses to Die, But the €500-Note Is a Goner by Don Quijones • Mar 8, 2018 • 46 Comments War-on-Cash Backlash.
“Cash Must Not Be Made the Scapegoat” by Don Quijones • Feb 22, 2018 • 40 Comments In the War on Cash, a rare defense of physical money by an ECB Board Member.
ECB’s New Plan B? Synthetic Structured Eurobonds by Don Quijones • Jan 24, 2018 • 55 Comments “Near-zero risk” derivatives… the banks are on board.
ECB Spawned Mass Culture of Financial Dependency that’s Now Very Hard to Undo by Don Quijones • Jan 9, 2018 • 40 Comments Right at the front of the monetary welfare queue is the government of Italy.
US Dollar Refuses to Die as Top Global Reserve Currency by Wolf Richter • Jan 1, 2018 • 96 Comments Central banks are leery of the newly arrived Chinese yuan.
A New Stealth Attack in EU’s “War on Cash” by Don Quijones • Dec 10, 2017 • 50 Comments And the definition of “cash” widens.
The Euro Is Not Dead, Claims EU Survey by Don Quijones • Dec 8, 2017 • 44 Comments The mood has shifted.
Bonds Issued by Acquirer of Mattress Firm & Sherwood Bedding Collapse after ECB Buys Them as Part of QE by Wolf Richter • Dec 6, 2017 • 46 Comments Steinhoff’s “accounting irregularities” crush its stock.
Whose Private-Sector Debt Will Implode Next: US, Canada, China, Eurozone, Japan? by Wolf Richter • Nov 22, 2017 • 121 Comments Canadians, fasten your seat-belt. Here are the charts.