As Flammable-Cladding Crisis Crushes Prices at Low End of UK Housing Market, Bank of England Frets about Contagion, Banks by Nick Corbishley • Apr 30, 2021 • 71 Comments The BoE is assessing if contagion from this scandal could spread to the broader housing market and cause a new financial crisis.
Producer Prices Surge. Germany, China, other Countries Are Now Exporting Inflation, Adding to US Inflation Pressures by Nick Corbishley • Apr 25, 2021 • 108 Comments Central banks still brush it off as just “temporary.”
“390 Days with my Son-in-Law!” My Side of the Lockdown Story by Sylvia • Mar 31, 2021 • 70 Comments I am the mother-in-law of Nick Corbishley, author of “365 Days with my Mother-in-Law: Boots on the Ground View of Barcelona’s Economy.” This is my side of the story.
365 Days With My Mother-in-Law: Boots on the Ground View of Barcelona’s Economy by Nick Corbishley • Mar 7, 2021 • 76 Comments It remains in a state of suspended animation.
Looking on the Bright Side of Brexit, 60 Days In by Nick Corbishley • Mar 1, 2021 • 84 Comments The hard Brexit has compounded pressures on many UK industries, but some key positives have started to emerge.
Global Green Energy Zombie Abengoa, Caught Cooking its Books in 2015 & Bailed Out Twice, Finally Runs Out of Bailouts, Files for Bankruptcy, 2nd Largest in Spanish History by Nick Corbishley • Feb 25, 2021 • 43 Comments Biggest beneficiaries of the now scuttled rescue plan would have been private equity firm KKR and Banco Santander.
The Growing Pains of Brexit, 50 Days In by Nick Corbishley • Feb 23, 2021 • 121 Comments The crucial services exports, manufacturing exports and imports, the arts & entertainment industry, fishing industry… it’s a mess.
Owner of Westfield, Buckling under $32 Billion in Debt, Plans to Dump its US Malls After Huge Losses by Nick Corbishley • Feb 12, 2021 • 95 Comments “A management team that remains prisoner of its failed strategy that started with the acquisition of Westfield.”
Eurostar Near Collapse, Asks for Bailout, Becomes Hot Potato by Nick Corbishley • Jan 23, 2021 • 135 Comments Traffic down 95%. To run out of money by April.
Central Bank Machinations with No Exit: ECB Leaks New Thingy, It’s Doing Yield Spread Control by Wolf Richter • Jan 19, 2021 • 186 Comments This is not your grandmother’s “yield curve control.” There is only one thing that could force this ECB absurdity to end: a big bout of inflation.
