Italian Banks Are At It Again, Shares Re-Crushed
What to do with those messy banks ignites further tensions.… Read More Italian Banks Are At It Again, Shares Re-Crushed
Category: Central Banking
Busted Housing Bubble 1 Morphs into Housing Bubble 2 in Spain?
Madrid, Barcelona, other markets are well on their way. But some markets are still crushed… Read More Busted Housing Bubble 1 Morphs into Housing Bubble 2 in Spain?
Will Central Bank Policies Set off Another Global Financial Crisis?
The world is heading toward another epic financial fall, says Nomi Prins. The question is not if, but when. … Read More Will Central Bank Policies Set off Another Global Financial Crisis?
The Government Of Most Cashless Economy Just Told Citizens to Hoard Cash in Case of Cyber Attack
Sweden’s Civil Contingencies Agency says cash is needed in case of emergencies such as technology failures and cyber attacks… Read More The Government Of Most Cashless Economy Just Told Citizens to Hoard Cash in Case of Cyber Attack
Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England
Chinese corporate defaults this year through April are 3.4 times the amount last year.… Read More Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England
The Federal Reserve Says Financial Risks Are “Moderate”; These Charts Don’t Agree
The red zone problem today is not just counterparty risk or cross border risk – it’s also contagion risk… Read More The Federal Reserve Says Financial Risks Are “Moderate”; These Charts Don’t Agree
Deutsche Bank Merger Talk Ends — Now Comes the Pain
Deutsche Bank is not some little German bank running amok. It’s designated a G-SIB or Global Systemically Important Bank. That means that it has the potential to spread systemic risk in the global financial system… Read More Deutsche Bank Merger Talk Ends — Now Comes the Pain
The IMF Is Fueling an Argentine Crisis – Again
In little more than three years, Argentine President Mauricio Macri’s government has already signed two agreements with the International Monetary Fund. And recent developments suggest that the country’s long and troubled history with the Fund may be about to repeat itself… Read More The IMF Is Fueling an Argentine Crisis – Again
Is the Fed’s Dirtiest Bailout About to Come Under the Spotlight?
Until the public knows the truth about why the Fed bailed out the insolvent Citigroup – despite its mandate not to lend to an insolvent institution – and why it bailed out Morgan Stanley and Merrill Lynch, which were broker-dealers, not major commercial banks, there can be no confidence in the U.S. financial system.… Read More Is the Fed’s Dirtiest Bailout About to Come Under the Spotlight?
Italy’s ‘Perma-recession’ Could Trigger a €2 Trillion Financial Crisis
The continued existence of the Eurozone could be under threat… Read More Italy’s ‘Perma-recession’ Could Trigger a €2 Trillion Financial Crisis
It’s 2016 All Over Again. Or Is It?
The fate of the global economy rides on the answer.… Read More It’s 2016 All Over Again. Or Is It?
After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives
, Deutsche Bank is in the same league as the bank holding companies of U.S. juggernauts JPMorgan Chase, Citigroup and Goldman Sachs. But its financial health is much weaker. … Read More After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives
