Tag Archives: Banks

Italy – Non-Performing Loans headed for 20% – Yikes!

The Italian banks are in horrid condition, and prospects for any way to fix it are very dim. There is a high risk the Italian Government would fall, or the EU would break up, on any significant action; and no action means a different path to failure. Continue reading

Posted in Economics - Trading - and Money | Tagged , , , | 6 Comments

The Present Global Liquidity Trap

What is a liquidity trap? What happens if one “goes global”? And some thoughts on how to get out of one. Continue reading

Posted in Uncategorized | Tagged , , , , , , | 36 Comments

Greece, Bailouts, Banks, and Robber Barons

In interesting article that claims particular families benefited most from the Greece Bailout money. We know the banks did, but who really owns the banks? Continue reading

Posted in Economics - Trading - and Money, Political Current Events | Tagged , , , , | 4 Comments

S&P Puts Deutsche Bank on Ratings Watch

What does it say about the rest of the Eurozone banks when a major German bank is put on rating watch? Continue reading

Posted in Economics - Trading - and Money | Tagged , , , | 16 Comments

Κύπρος, Κυπριακή Δημοκρατία, Cyprus

The EU decides to give all depositors in the banks of Cyprus a “haircut” and take between 6% and 10% of their money. I think this will go badly for them. Continue reading

Posted in World Economics | Tagged , , , , | 118 Comments

A Disturbing Video

A disturbing video… Continue reading

Posted in Political Current Events | Tagged , , , , | 20 Comments

Bank Sugar-High Today

Central Banks enable easier swaps, China eases reserves, S&P Downgrades banks. So the market has a rush higher? Continue reading

Posted in Economics - Trading - and Money | Tagged , , | 24 Comments