Even Italian banks are dumping Italian government bonds… Read More What’s Keeping Italy’s Government Debt from Blowing Up?
As the age-old adage goes, desperate times call for desperate measures… Read More Leaked: EU Plans to Freeze Deposits to Prevent Bank Runs
The Doom Loop is Back… Read More A New Problem Is Brewing for Italy’s Banks
What is important about this debate is that it is now taking place in public – you can’t be more public than inside the parliament. Italians, not only the Five Star Movement, are openly talking about these issues… Read More Italy Openly Discusses Euro Exit In Parliament: Debt Restructuring Or “Italeave” On The Way?
Only two things keep these banks alive: “a State willing to support them and a regulator that does not declare them insolvent”… Read More Many European Banks Would Collapse Without Regulators’ Help: Fitch
This is how desperate the Italian Banking Crisis has become.… Read More Contagion from the 2 Friday-Night Bank Collapses in Italy?
At first, deny, deny, deny. Then taxpayers get to bail out bondholders… Read More Fear of Contagion Feeds the Italian Banking Crisis
Many Banco Popular investors wiped out. Taxpayers off the hook. What it means for Italy… Read More “Bail-In” Era for Europe’s Banking Crisis Begins
The government’s giant debt is already “vulnerable to market turbulence”…… Read More Despite the Hype, Italy’s Banking Crisis Metastasizes
The only other option: “Orderly restructuring.”… Read More ECB Tapering May Trigger “Disorderly Restructuring” of Italian Debt, Return to National Currency
Nerves are fraying in the corridors of power of the Eurozone’s third largest economy… Read More In Bleak Prognosis, Italy’s Financial Regulator Threatens EU with Return to a “National Currency”
This could end up blowing up in the faces of yield-starved investors all over the world… Read More Presenting Italy’s Latest Plan B, Where Desperation Meets Insanity