Italy’s New Government Eats Its Words, Joins Bank Bailout Club by Don Quijones • Jan 10, 2019 • 30 Comments Well, that didn’t take long. Whatever happened to Eurozone’s new bail-in rule?
Long-Term “Buy & Hold” Crushed Stockholders in Largest Markets Except US & India. But for the US, Luck’s Running Out by Wolf Richter • Jan 1, 2019 • 99 Comments Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
QE Created Dangerous Financial Dependence, Italy Hooked, Withdrawal Next, ECB Warns by Don Quijones • Nov 22, 2018 • 72 Comments “Who will purchase €275 billion of government debt Italy is to issue in 2019?”
Why’s France so Worried about Italy’s Showdown with Brussels? by Don Quijones • Oct 30, 2018 • 27 Comments The French megabanks are on the hook.
Italy’s Debt Crisis Thickens by Don Quijones • Oct 18, 2018 • 28 Comments But outside Italy, credit markets are sanguine, and no one says, “whatever it takes.”
New Market Rigging Scandal Tangles Up Already Teetering Construction Giants in Europe by Don Quijones • Oct 17, 2018 • 19 Comments Italian and Spanish construction companies with global projects on the brink or over the brink.
Italy’s Debt Crisis Flares Up, Banks Get Hit, as Showdown with the EU Intensifies by Don Quijones • Oct 7, 2018 • 59 Comments Italy’s anti-establishment government takes on EU establishment in a struggle that could have major ramifications for the monetary union.
ECB Fears Contagion from Turkish Lira Collapse, Bank Stocks Plunge by Don Quijones • Aug 10, 2018 • 84 Comments Turkish lira in free-fall, down 18% in two days.
The Eurozone’s “Doom Loop” Re-Grips Italian Banks by Don Quijones • Aug 9, 2018 • 21 Comments Old bad habits die hard: The dangerous relationship of mutual dependence between governments and banks.
How the ECB Helped Spain “Recover” Faster than Italy from the Crisis by Don Quijones • Jun 20, 2018 • 21 Comments A nation of savers v. a nation of debtors.
