Banks Whinge About Tougher EU Regulations to Reduce Too Big to Fail Risk
The Financial Times is a bit too sympathetic to poor oppressed banks facing tougher EU safety rules.
Read more...Category Archives: Europe
Italy’s Bank Rescues Founder, With Small Savers and Prime Minister Renzi as Casualties
Italian banks may start bail-ins at the worst possible time for Matteo Renzi and his constitutional reforms.
Read more...In Upset, François Fillon Beats Sarkozy, Leads Conservative Party Runoff Vote for French President
Fillion’s surprise win shows again how pundits and pollsters failed to read the mood of voters.
Read more...Brexit and the Law
A round-up of opinion after the UK High Court’s ruling that the triggering of Article 50 should involve the UK Parliament.
Read more...France Plans to Implement Universal Biometric IDs
France seeks to implement a variant of a biometric ID database that was nixed by its courts. Will this succeed and set a dangerous precedent?
Read more...Public Support for the Euro
Why a Brexit, even if it moves forward, seems unlikely to lead to a Eurozone breakup.
Read more...Easy Money is Dangerous Without Activist Fiscal Policy
Why over-reliance on monetary policy and the failure to engage in fiscal deficits is a toxic mix.
Read more...Why the ECB is Going to Print, Print, PRINT!
The ECB is set to dig its hole even deeper….
Read more...The Danger of Germany’s Current Account Surpluses
Economists are more and more worried about Germany’s rising trade surpluses. Calling Wolfgang Schauble to the white courtesy phone….
Read more...Another Huge Brexit Spanner in the Works: UK Faces Customs Train Wreck With Need for IT Upgrade
The UK faces a customs nightmare as IT systems needed to handle the new volumes and requirements are almost certain not to be ready on time.
Read more...A Framework for Thinking About Bad Loans
How to determine whether or not to write down troubled loans.
Read more...Perfect Hindsight: on Breder Suasso of NZ and elsewhere, Global Transaction Services, of Hong Kong, Georgia (US) and London, mBank and Pekao Bank SA of Poland, and Ceska Sporitelna AS of the Czech Republic
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Read more...Why Italy’s Banking Crisis is Spiraling Out of Control
Even by the standards of European kick-the-can-down-the-road exercises, measures to stave of an Italian banking crisis are really slapdash.
Read more...Social Democracy, the “Third Way,” and the Crisis of Europe, Part 3
A discussion of why the center-left failed to revive in Europe after the crisis. Some of the reasons apply to the US as well.
Read more...Ham-Handed Theresa May “Hard Brexit” Stance Roils UK Pols, Not Just EU
Theresa May may have thrown a spanner in the Brexit works by pushing for a xenophobic “hard Brexit”. Accident or design?
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