Shanghai Containerized Freight Index Collapses: China-US Rates Hit Hard, China-Europe Rates Plunge to All-Time Low by Wolf Richter • Apr 20, 2015 • 6 Comments “Rates in many Asia export trades are in a tailspin.” And here’s why.
Former IMF President, Bank-Bailout-Fiasco President, and VP of Spain, Long Untouchable by the Law – Suddenly Gets Crushed by Don Quijones • Apr 18, 2015 • 10 Comments For Spain’s government, the timing could not be worse.
Despite Fierce Opposition, EU Opens Back Door to Fracking by Don Quijones • Apr 16, 2015 • 1 Comment A Lobbyist’s Paradise.
This Could Sink Banks in Greece, Portugal, Spain, and Italy by Wolf Richter • Apr 7, 2015 • 13 Comments It’s the competition folks – not the bank regulators. And they have real teeth.
“Bad Bank” Mania Spreads in Europe by Don Quijones • Apr 5, 2015 • 2 Comments Launched to conceal the rising tide of triple-F rated toxic junk.
Greece Brandishes Drachma, Threatens Euro Exit by Wolf Richter • Apr 3, 2015 • 24 Comments “What we will not do is become a protectorate of the EU.” But it backfired.
“The Mother of All Bubbles” in Stocks and Bonds: Bank CEO by Wolf Richter • Apr 1, 2015 • 1 Comment He must have accidently veered off script during the press conference.
Rajoy Horror Picture Show Nears Grisly Climax in Spain by Don Quijones • Mar 31, 2015 • 4 Comments The stranglehold of the two main parties over Spain is under threat.
Surprise Attack: French Megabank Slams Draghi’s Currency War by Wolf Richter • Mar 24, 2015 • 3 Comments “Nothing is happening inside the Eurozone that favors growth.”
Rich Man’s Bank Hit by Bank Run, Collapse, “Bail-In” by Don Quijones • Mar 21, 2015 • 9 Comments Banking mayhem spreads to Madrid and tax haven Andorra.