The Next Italian Bank Threatens to Topple by Don Quijones • Nov 16, 2017 • 43 Comments Sharp Dose of Deja Vu for Italy’s Teetering Banks.
Global Banks, City of London Raise “Disorderly Brexit” Alarm by Don Quijones • Nov 11, 2017 • 34 Comments Shifting trillions of euros of derivatives positions could be hugely disruptive.
The Price of Chaos Rises in Spain by Don Quijones • Nov 9, 2017 • 60 Comments The longer the toxic process between Catalonia and Spain drags on, the wider the gulf grows.
Financial Storm Clouds Gather Over Italy by Don Quijones • Nov 5, 2017 • 42 Comments Wishful thinking may not be enough.
Spain Just Lit a Fuse Under Catalonia — its Richest Region by Don Quijones • Nov 3, 2017 • 51 Comments Acute uncertainty is like sand in the gears of the local economy.
Catalonia and Spain Enter Dangerous Uncharted Territory by Don Quijones • Oct 27, 2017 • 50 Comments Emotions are running high on both sides of the divide.
The EU Just Did the Big Banks a Massive Favor by Don Quijones • Oct 25, 2017 • 33 Comments “Testimony to the iron grip the financial industry’s lobby still exerts on governments and legislators.”
Catalonia’s Political Crisis Snowballs into an Economic Crisis by Don Quijones • Oct 21, 2017 • 58 Comments Independence would be “horrific” and amount to “financial suicide,” said Spain’s Economy Minister. But financial suicide for whom?
This is What it Looks Like When Credit Markets Go Nuts by Wolf Richter • Oct 19, 2017 • 65 Comments Pricing of risk kicks the bucket in record central-bank absurdity.
Wheezing Consumers & Slowing Economy, No Problem: UK Inflation Jumps Most in 5+ Years. Rate Hike Due in November by Wolf Richter • Oct 17, 2017 • 45 Comments The Fed leads, other central banks follow.