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.
ECB’s Insider Connections Under Scrutiny Again by Don Quijones • Jan 25, 2017 • 20 Comments Necessary to “maintain a dialogue” with external actors, says ECB.
These are the Countries with the Biggest Debt Slaves, and Americans Are Only in 10th place by Wolf Richter • Jan 22, 2017 • 137 Comments So who the heck are the Really Great Ones?
Spain’s Banks Openly Flout the Law Like Never Before by Don Quijones • Jan 21, 2017 • 17 Comments They’re apparently powerful enough to get their way.
World’s Worst Tax Haven Threatens to Expand its Operations by Don Quijones • Jan 18, 2017 • 25 Comments “What they sell is escape: from the laws, rules, and taxes of jurisdictions elsewhere, with secrecy as their prime offering.”
How Trump Could Unwittingly Gut Boeing’s Global Business by Wolf Richter • Jan 16, 2017 • 94 Comments Other US companies are equally vulnerable.
Nuclear Energy Sector Turns in Taxpayer-Sinkhole by Leonard Hyman and Willian Tilles • Jan 15, 2017 • 23 Comments Given the difficulty of accurately gauging nuclear capital expense, how can we infer if these enterprises can ever be profitable?