Spreading the truth. Empowering the people.
The Eurozone is incentivising fiscal irresponsibility with easy money, and low cost of debt is disguising lack of budget discipline pic.twitter.com/LdPgV8LjQj — Daniel Lacalle (@dlacalle_IA) June 15, 2019
via mishtalk: Italy threatens to create a parallel currency dubbed the Mini-BOT. If launched, it could lead to a Eurozone breakup. Italy’s is on a collision course with the EU in … Read more
Eurozone yields… Plummeting despite worsening growth and solvency. Welcome to financial repression. pic.twitter.com/dzJphzjoTQ — Daniel Lacalle (@dlacalle_IA) May 28, 2019
by Claudio Grass via Mises Institute Turkey has been almost constantly in the news over the past year, as troubling headlines about its economy and political situation continue to pile up. In a … Read more
Authored by Daniel Lacalle, One of the most repeated messages among European financial analysts this week is this: “we are in a global slowdown”. However, the sentence hides important nuances and very … Read more
Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. UBS has alerted that Spanish banks’ outsized … Read more
via @Schuldensuehner: #ECB officials lack enthusiasm for any revamp of their negative-interest rate tool and some doubt it will actually happen. www.bloomberg.com/news/articles/2019-04-16/ecb-officials-are-said-to-lack-enthusiasm-for-sub-zero-tiering …
via @dlacalle_IA: Now we start to see the late-cycle economies weakening faster (Spain).
Italy’s fiscal health is once again in serious decline. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. On Wednesday, Italy’s coalition government slashed its growth forecast for the Italian economy in … Read more
by Martin Armstrong Nigel will be speaking at this year’s World Economic Conference in Rome. Click here for details.
Investment case „forced mergers“?Not sure. As a trade, Eurozone banks do look interesting… pic.twitter.com/ajMCk0YqxY — D.Schrottenbaum, CFA (@David_Schro) March 19, 2019 10 year Bund yields. The H&S still in play … Read more
via CNBC: Brexit could be reversed if lawmakers reject the government’s exit deal, British foreign minister Jeremy Hunt said on Sunday after two major eurosceptic factions in parliament warned that … Read more
While contagion is definitely contained, the Eurozone “is not sufficiently armed to face a new economic or financial crisis.” French banks are heavily exposed to Italy. By Don Quijones, Spain, UK, … Read more
BANKS in France, Germany and Belgium are most at risk of contagion from Italy’s deepening debt crisis, new data has revealed. Domestic banks in the Mediterranean nation are already encumbered … Read more
