Banks & Builders Want New Property Bubble In Spain, Government Obliges by Don Quijones • Mar 29, 2018 • 16 Comments “This plan, far from solving or alleviating the problem, is likely to make it a whole lot worse.”
Even the World’s Most Cashless Nation Doesn’t Want to Go Fully Cashless by Don Quijones • Mar 27, 2018 • 35 Comments It’s too risky and systematically excludes the most vulnerable people.
Competition Eats the Profits of Big Shaky Banks in Euroland: So Consolidate by Don Quijones • Mar 25, 2018 • 15 Comments The plan: Take out mid-sized banks to create a “bipolar” industry of large and small banks, and a lot less competition.
Was Carillion’s Collapse the Beginning of the End for UK’s Outsourcing Sector? by Don Quijones • Mar 21, 2018 • 23 Comments Two large British outsourcers are also on the verge of collapse, and the vultures are circling.
EU Bad-Loan-Fiasco-Reform Loses Teeth, Adds Sweeteners for Banks (Funded by Taxpayers) by Don Quijones • Mar 20, 2018 • 9 Comments After much lobbying, guidelines for banks become “non-binding expectations,” says the ECB.
“Welcome to Hell”: Barcelona Taxi Drivers Prepare for Uber’s Return by Don Quijones • Mar 17, 2018 • 37 Comments Uber has struck a more conciliatory approach this time, but taxi drivers are not convinced.
Deutsche Bank Just Never Disappoints by Wolf Richter • Mar 16, 2018 • 24 Comments Even bigger loss than reported 6 weeks ago, cost cuts abandoned, bonuses quadrupled.
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.
Toxic Debt Still Plagues Spanish Banks (and Taxpayers Will End Up Paying for It) by Don Quijones • Mar 11, 2018 • 18 Comments Years after Crisis Was “Solved.”
Cash Refuses to Die, But the €500-Note Is a Goner by Don Quijones • Mar 8, 2018 • 46 Comments War-on-Cash Backlash.
