Its new role as “debt-buyer of first resort” raises a whole litany of concerns.
Expanding its Program of Financial Darwinism.
It all began when Slovenian Police, acting on an insider tip, raided the headquarters of the central bank and a state-owned bank. €257 million in bank bailout money is alleged to have disappeared. How much money could be made to disappear in Italy’s bank bailout?
Worst Day for Italian & Spanish stocks. Banks massacred.
European banking crisis gets impatient.
They’re all getting ready for tomorrow.
And not for small companies either.
“Europe is caught in a trap.”
Negative-Interest-Rate absurdity is another “rabbit out of the hat.”
Negative interest rates, helicopter money trigger Clash of Titans.