The Eurozone’s “Doom Loop” Re-Grips Italian Banks
Old bad habits die hard: The dangerous relationship of mutual dependence between governments and banks… Read More The Eurozone’s “Doom Loop” Re-Grips Italian Banks
Tag: Italy
Will Italy’s Banking Crisis Spawn a New Frankenbank?
“Operation Overlord.”… Read More Will Italy’s Banking Crisis Spawn a New Frankenbank?
Italian Banks Try to Join EU’s Newfangled Bond Bamboozle
But investors are burned out… Read More Italian Banks Try to Join EU’s Newfangled Bond Bamboozle
What’s Keeping Italy’s Government Debt from Blowing Up?
Even Italian banks are dumping Italian government bonds… Read More What’s Keeping Italy’s Government Debt from Blowing Up?
ECB Tapering May Trigger “Disorderly Restructuring” of Italian Debt, Return to National Currency
The only other option: “Orderly restructuring.”… Read More ECB Tapering May Trigger “Disorderly Restructuring” of Italian Debt, Return to National Currency
Presenting Italy’s Latest Plan B, Where Desperation Meets Insanity
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
Is Italy’s Banking Problem Becoming Too Big to Solve?
A bank that is officially too big to fail, with over €1 trillion of “assets” on its books, just admitted that things are even worse than initially feared… Read More Is Italy’s Banking Problem Becoming Too Big to Solve?
The Global “Populist” Doom Tour Swings to Italy
The last 30 years have seen “a huge amount of economic growth but hardly anyone’s benefited from it.”… Read More The Global “Populist” Doom Tour Swings to Italy
The Italian Genie is Out of the Bottle
The mainstream media in Europe is having a field day attacking and ridiculing Beppe Grillo’s 5-star movement. The Economist recently labelled him a clown on its front cover. Broadcasters across the continent are tarring him with the brush of populism. Like schoolyard children, the newspapers here in Spain laugh smugly at his bedragled appearance. The… Read More The Italian Genie is Out of the Bottle
