Investor Fears Spike as Italy (and the EU) Inch Closer to Doomsday Scenario by Don Quijones • Jul 4, 2016 • 60 Comments Risk of contagion in Italy and far beyond would be huge.
Desperately Trying to Salvage Canada-EU Trade Pact after Brexit, EU Escalates Assault on Democracy by Don Quijones • Jul 2, 2016 • 55 Comments Having learned absolutely ZERO from Brexit.
As Fears of “Bank Run” Escalate, Italian Banks Get €150 Billion Bailout of Empty Promises by Don Quijones • Jun 30, 2016 • 12 Comments An elaborate confidence game.
NIRP Absurdity Soars after Brexit, Hits $11.7 Trillion by Wolf Richter • Jun 29, 2016 • 49 Comments No one knows how to back out without blowing up the whole system.
Who Really Holds the Cards in the EU-Brexit Stand-off? by Don Quijones • Jun 29, 2016 • 52 Comments Trying to make an example of the UK will likely backfire.
How Vulnerable is the Shaky US Economy to Brexit Fallout and European Bank Meltdown? by Wolf Richter • Jun 27, 2016 • 32 Comments Business optimism “lowest since the height of the Financial Crisis.”
European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
ECB Blows €400bn on “Brexit Black Friday” Bank Bailouts by Wolf Richter • Jun 26, 2016 • 42 Comments Dealing with a Financial Crisis under the cover of Brexit Chaos.
Brexit Blowback Hits Italian and Spanish Banks by Don Quijones • Jun 25, 2016 • 21 Comments Worst Day for Italian & Spanish stocks. Banks massacred.
UK Pound Collapses, Nikkei, European Futures Crash, Oil Dives, Gold & Bonds Soar as Brits Choose “Leave” by Wolf Richter • Jun 24, 2016 • 108 Comments Bookies turn into goofballs as financial carnage breaks out.
