Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks) by Don Quijones • May 27, 2018 • 74 Comments “Doom loop” begins to exact its pound of flesh.
Hilarity in NIRP Zone: Italian 2-Year Yield Still Near 0%, as New Government Proposes Haircut for Creditors and Alternate Currency, Markets on “Knife Edge” by Wolf Richter • May 21, 2018 • 93 Comments ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever.
Are European Companies Ready for Life Without Draghi? by Don Quijones • Apr 29, 2018 • 35 Comments Not going to be easy, especially for “zombie” companies.
What Could Dethrone the Dollar as Top Reserve Currency? by Wolf Richter • Mar 30, 2018 • 103 Comments Central banks seem leery about the Chinese yuan.
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.
