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.
Why’s the World’s Biggest Asset Manager Advising the ECB on the Health of EU Banks? by Don Quijones • Oct 15, 2018 • 40 Comments BlackRock is “a market power that no state can control anymore.”
Here Comes the ECB with a “Bubble” Warning, After it Caused the Most Absurd Bond Bubble Ever by Wolf Richter • Oct 12, 2018 • 73 Comments “The ECB cannot and should not turn a blind eye to risks to financial stability.”
“Concerned” Bank of England Raises Alarm about Growth of High-Risk Loans by Don Quijones • Oct 10, 2018 • 12 Comments “The global leveraged loan market is larger than – and growing as quickly as – the US subprime mortgage market was in 2006.”
Revealed: The Run on Banks in Catalonia after the Independence Vote was Fomented by Madrid by Don Quijones • Oct 9, 2018 • 20 Comments The clandestine role of the Spanish government in a run on deposits that drained €29 billion from Catalan banks.
Italy’s Debt Crisis Flares Up, Banks Get Hit, as Showdown with the EU Intensifies by Don Quijones • Oct 7, 2018 • 59 Comments Italy’s anti-establishment government takes on EU establishment in a struggle that could have major ramifications for the monetary union.
Loans Sour in Turkey, Inflation Hits 25%, Interest Rates Spike, Fears of Contagion Rise by Don Quijones • Oct 5, 2018 • 37 Comments The economic miracle fueled by foreign-currency debt.
It Didn’t Take Long: Abengoa Is Back At It by Don Quijones • Sep 22, 2018 • 29 Comments How to prevent its shares from dropping below €0.01?
Multiple Online Banking Systems Go Down in the UK by Don Quijones • Sep 21, 2018 • 54 Comments Payment chaos: For bottom-line-obsessed bank executives, IT systems are an expense to be slashed. The results are in.
Disorderly Brexit Would Trigger Mayhem in Derivatives Market by Don Quijones • Sep 20, 2018 • 26 Comments Time is running out. March 29 is the deadline. Urgent action is needed. But it’s not happening.
