“Posh Ghost Towers”: Gloom Spreads Over London Housing Market as High End Freezes Up by Don Quijones • Nov 3, 2018 • 43 Comments But new high-end towers will continue to flood the market.
After Carillion Collapse, UK Government Sounds Death Knell for Public-Private Partnership Finance by Don Quijones • Nov 1, 2018 • 16 Comments A “fraud on the people.”
Why’s France so Worried about Italy’s Showdown with Brussels? by Don Quijones • Oct 30, 2018 • 27 Comments The French megabanks are on the hook.
Swedish Central Bank Makes U-Turn on Cash as NIRP is Ending by Don Quijones • Oct 26, 2018 • 15 Comments Cash is less of a threat to central bank policies when interest rates rise above zero.
Spain’s Mortgage Market Seizes Up, Bank Stocks Sink, Legal Uncertainty Reigns by Don Quijones • Oct 24, 2018 • 15 Comments A fiasco threatens to spiral out of control.
It’s the Banks Again by Wolf Richter • Oct 22, 2018 • 56 Comments US bank stock index down 17% from January. EU bank stocks crushed, crushed, crushed since Financial Crisis.
Spain’s Supreme Court Flip-Flops on Mortgage Ruling After Just 1 Day Amid Bank Stocks Bloodbath, Legal Shitstorm Erupts by Don Quijones • Oct 19, 2018 • 15 Comments Plunging bank stocks got the Court’s attention, or something.
Italy’s Debt Crisis Thickens by Don Quijones • Oct 18, 2018 • 28 Comments But outside Italy, credit markets are sanguine, and no one says, “whatever it takes.”
New Market Rigging Scandal Tangles Up Already Teetering Construction Giants in Europe by Don Quijones • Oct 17, 2018 • 19 Comments Italian and Spanish construction companies with global projects on the brink or over the brink.
US-China Trade War, “Hard” Brexit Give Germany Inc. the Willies by Wolf Richter • Oct 16, 2018 • 85 Comments No economy is as dependent on a trade surplus as Germany.
