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.
London’s Deflating House Price Bubble Gets Messier by Don Quijones • Apr 30, 2017 • 28 Comments Prices in this hotbed of global wealth fall most since 2009.
Corruption Scandals already Trip Up Spain’s New Government by Don Quijones • Apr 26, 2017 • 8 Comments If the Prime Minister is made to testify, all bets are off.
The French “Political Class” Gets Crushed – on the Surface by Wolf Richter • Apr 23, 2017 • 48 Comments It designed the rules to protect itself against an election just like this.
Just How Safe is Spain’s Banking System? by Don Quijones • Apr 23, 2017 • 10 Comments Investment bank Mediobanca warns of “clear risk of contagion.”
Is Barcelona’s Crazy Tourist Boom Too Much of a Good Thing? by Don Quijones • Apr 16, 2017 • 56 Comments It brings buckets of money, but what are the consequences?
Here’s Italy’s Latest Plan B Where Desperation Meets Insanity by Don Quijones • Apr 13, 2017 • 34 Comments Selling securities backed by defaulted loans to NIRP refugees.