Barcelona Threatens to Print Parallel Currency, Madrid Seethes by Don Quijones • Oct 24, 2015 • 14 Comments Socialist mayor to fulfill campaign promises by printing money.
Draghi Speaks, Euro Falls Off Chart, Stocks Soar Despite Layoffs, Shrinking Revenues, and Evil “Strong Dollar” that just Got a Heck of Lot Stronger by Wolf Richter • Oct 22, 2015 • 40 Comments This isn’t a coincidence.
Euro Sinks Deeper into Limbo by Don Quijones • Oct 21, 2015 • 2 Comments ECB “Powerless” to reduce wealth disparities its policies create, it says. So here are the ECB’s Winners & Losers.
Saudi Arabia Cuts Spending, Slows Payments, Hits Spain Inc. by Don Quijones • Oct 20, 2015 • Comments Off on Saudi Arabia Cuts Spending, Slows Payments, Hits Spain Inc. Ugly for Spain’s over-indebted, liquidity-challenged construction giants.
“Political Show Trial” of Catalonia’s Premier over Independence Referendum Hits Raw Nerve by Don Quijones • Oct 17, 2015 • 4 Comments Conflict with Spain Gets More Dangerous
Big VW Investors Lose Shirts, Blame Lobbying by Don Quijones • Oct 16, 2015 • 22 Comments The Exquisite Irony of Dieselgate.
Six Nagging Facts About Spain’s “Recovery” by Don Quijones • Oct 13, 2015 • 6 Comments Not everybody’s buying it. Not this time.
“Problems Likely to Snowball from Here,” at World’s Second Largest VW Factory by Don Quijones • Oct 10, 2015 • 7 Comments “Volkswagen has shafted us all.”
Not the “Death of the Dollar” but “Death of the Euro?” by Wolf Richter • Oct 6, 2015 • 28 Comments The Chinese Yuan Gains “Staggering Momentum as Major Currency.”
ECB Chief Economist: OK, I Get it, the Euro Doesn’t Work by Wolf Richter • Oct 2, 2015 • 14 Comments Chilling, with devastating charts.