Catalonia Nears Default, Threatens Spain’s Debt by Don Quijones • Mar 19, 2016 • 9 Comments The Central Government blinks.
Saudi Arabia Turns to Nightmare for Spanish Consortium by Don Quijones • Mar 12, 2016 • 34 Comments Taxpayer, get ready to open your wallet.
Bundesbank Fears “Doom Loop” by Wolf Richter • Mar 11, 2016 • 32 Comments But Draghi Still Doesn’t Get it.
“Freedom Always Dies Bit by Bit”: Bundesbank Takes Sides in War on Cash by Don Quijones • Mar 6, 2016 • 57 Comments “Citizens should not be put under general suspicion.”
It Begins: Palace Revolt against ECB’s NIRP by Wolf Richter • Mar 4, 2016 • 57 Comments If “punishment interest exceeds the pain threshold….”
ECB Unveils Ingenious Strategy to Reduce Banking Stress by Don Quijones • Feb 27, 2016 • 12 Comments Trying to prop up confidence by hook or crook.
As War on Cash Escalates, Cash Lovers Fight Back by Don Quijones • Feb 18, 2016 • 62 Comments “It would be fatal if citizens got the impression that cash is gradually taken away from them”: Bundesbank President Weidmann.
I’m in Awe at Just How Fast Global Trade is Unraveling by Wolf Richter • Feb 15, 2016 • 59 Comments It simply doesn’t let up.
Italy’s Banking Crisis Spirals Elegantly out of Control by Wolf Richter • Feb 14, 2016 • 43 Comments How to dump toxic waste on the pubic through the backdoor.