The Unthinkable Just Happened in Spain by Don Quijones • Feb 18, 2017 • 17 Comments Six central bankers and a financial regulator get dragged to court.
Biggest EU Banks Embark on the Mother of All Debt Binges by Don Quijones • Feb 14, 2017 • 13 Comments A hot new bail-in-able debt cooked up by financial engineers in France.
Kamikaze Economics with Slow-Motion Debt Crash by Don Quijones • Feb 11, 2017 • 14 Comments Wee bit of Contagion? Catalonian default seen as Spanish default: Moody’s
Global Shipping Meltdown Mauls German Banks, Retail Investors, Taxpayers by Wolf Richter • Feb 10, 2017 • 21 Comments Germany holds 25% of global shipping loans as industry collapses.
Foreign Governments Dump US Treasuries as Never Before, But Who the Heck is Buying Them? by Wolf Richter • Feb 9, 2017 • 44 Comments There’s now a special math for NIRP refugees in Europe.
Italy’s Banking Crisis Is Even Worse Than We Thought by Don Quijones • Feb 8, 2017 • 33 Comments The insider blame game has begun.
What Would it Cost a Country to Leave the Euro? That’s What Everyone Suddenly Wants to Know by Wolf Richter • Feb 7, 2017 • 47 Comments It’s the closest the Eurozone has come to falling apart.
Italy’s “Bad Banks,” Created to Save the Financial System, Are Themselves on Verge of Collapse by Don Quijones • Feb 4, 2017 • 33 Comments “The €20 billion the government set aside is starting to look like small beer.”
Is Italy’s Banking Problem Becoming Too Big to Solve? by Don Quijones • Jan 30, 2017 • 35 Comments They said it was contained, but now it hit the largest bank.
Things Just Got Serious in Europe’s War on Cash by Don Quijones • Jan 28, 2017 • 73 Comments To protect citizens from threats as defined by apparatchiks in Brussels.
