Catalonia Threatens Spain with “Financial Bloodbath” by Don Quijones • May 24, 2017 • 85 Comments Catalonia’s independence would set off Spain’s debt time-bomb.
Corporate America’s “Reverse Yankees” Shoot to Record in ECB Absurdity, But Who Are the Losers? by Wolf Richter • May 21, 2017 • 64 Comments Why do they risk so much for little?
ECB Tapering May Trigger “Disorderly Restructuring” of Italian Debt, Return to National Currency by Don Quijones • May 18, 2017 • 63 Comments The only other option: “Orderly restructuring.”
The Backlash to Spain’s New Property Boom Has Begun by Don Quijones • May 16, 2017 • 11 Comments When locals can’t afford to live there anymore.
It’s Really Crazy What This ECB Has Wrought by Wolf Richter • May 14, 2017 • 45 Comments In the land of NIRP refugees and “Reverse Yankees,” who will get crushed?
Hit by Run on Deposits, Banco Popular Denies it’s Looking for Rushed Takeover to Avert Collapse by Don Quijones • May 12, 2017 • 26 Comments Spain’s 6th largest bank: “We have liquidity until the end of the year.”
In Bleak Prognosis, Italy’s Financial Regulator Threatens EU with Return to a “National Currency” by Don Quijones • May 10, 2017 • 49 Comments Because Italy’s banking crisis and other problems have not been solved.
Where the Heck is the Macron-Victory Rally? by Wolf Richter • May 8, 2017 • 34 Comments Everything is fizzling.
Spain’s Government Presses Property-Bubble Rewind Button by Don Quijones • May 6, 2017 • 20 Comments Taxpayer-funded subsidies to benefit banks, real estate agencies, construction companies, PE firms, and landlords.
Is the City of London about to Lose its Crown Jewel? by Don Quijones • May 2, 2017 • 15 Comments At stake: €1 trillion-a-DAY in euro-clearing operations & other activities.
