Why the Crisis in Italy is Not Over
The structural roots of Italy’s economic problems.
Read more...Category Archives: Doomsday scenarios
Andrew Bacevich: The 60-Year Decay of American Politics
A personal take on why politics in America are so rotten.
Read more...Brexit Realism: Maybe Voters Were Not Dumb
By David Miles, Imperial College Business School. Originally published as a chapter in the VoxEU ebook, Brexit Beckons: Thinking ahead by leading economists, available to download free of charge To some, the Brexit referendum was a failure by economists to persuade UK voters that leaving the EU would entail major economic costs. This column argues […]
Read more...The Politically Expedient German Scheme for Eurozone Sovereign Debt Bail-Ins
Yet another half-baked European bail-in plan.
Read more...Strengthening Russo-Turkish Alliance Stokes US-Russian Cold War
John Helmer describes why an upcoming meeting between Erdogan and Putin could represent a significant geopolitical shift.
Read more...Dumb Money Watch: ZIRP-Starved Insurers Beefing Up in Lending as Banks Exit the Pool
Insurers are going long risk at one of the worst possible junctures.
Read more...Italian Bank Failures Could Disintegrate the EU
How bad is the Italian banking mess?
Read more...Italy Bank Crisis Looming With Rush to Rescue #3 Bank, Monte dei Paschi
Frantic rescue efforts for Monte dei Paschi are underway but the current plans don’t look very viable.
Read more...How the ECB is Officially Above the Law
If you think the US has trouble holding the Fed to account, we are in light years better shape than Eurozone citizens are with the ECB.
Read more...Study: Top Bank Execs Saw the Crisis Coming and Sold Their Company’s Shares
So much for the “whcouddanode” theory of the crisis.
Read more...Another Nail in the Brexit Fantasy Coffin: Germany’s Car Makers Are Not Cowed
More evidence that the idea that the UK would have a negotiating advantage in Brexit talks is not well founded.
Read more...Bullish Economists Are So Yesterday
The confidence fairy is having trouble getting liftoff.
Read more...COBOL and Legacy Code as a Systemic Risk
More on why legacy code at major banks is a ticking time bomb.
Read more...Is Brexit Moment a Lehman Moment? Fear Factor in Financial Crises
Comparing the market reaction to Brexit with key events during the crisis.
Read more...Will Italian Banks Tear Down Europe?
Will Italian banks be the detonator of a political and economic crisis?
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