Italian and Spanish construction companies with global projects on the brink or over the brink.
Italy’s anti-establishment government takes on EU establishment in a struggle that could have major ramifications for the monetary union.
Turkish lira in free-fall, down 18% in two days.
Old bad habits die hard: The dangerous relationship of mutual dependence between governments and banks.
A nation of savers v. a nation of debtors.
Bond turmoil, no problem. But if Italy doesn’t stick to the rules, the ECB might let the bonds go, “safeguard the remaining Eurozone members,” and “merely control the disaster.”
Markets wail and gnash their teeth as “normalization” of Italian yields sets in.
“Doom loop” begins to exact its pound of flesh.
ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever.
Too Little, Too Late?