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.
Even if Brexit Vote Wins, there may be No Brexit: Daiwa by Wolf Richter • Jun 22, 2016 • 23 Comments The investment bank’s cynical analysis explains how things work.
Is the EU Preparing for Another Stealth Coup? by Don Quijones • Jun 22, 2016 • 14 Comments Taking its anti-democratic approach to a whole new level.
Day of Reckoning for Banks in Italy, Spain, & Portugal Kicked Down the Road (Elegantly) for 18 Months by Don Quijones • Jun 18, 2016 • 31 Comments Past a possibly messy Brexit & elections in France and Germany.
Brexit Chaos to Serve as Cover for ECB Bank Bailouts by Don Quijones • Jun 14, 2016 • 38 Comments European banking crisis gets impatient.
NIRP Absurdity Sets Record, Euro Stocks Drown in Bear Market by Wolf Richter • Jun 14, 2016 • 32 Comments Glorious times for Draghi’s scheme.
“Death of the Dollar” Not Yet by Wolf Richter • Jun 10, 2016 • 84 Comments Dollar “hegemony” meets NIRP.
