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Tag Archives: Crisis
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
Greece, Puerto Rico, the U.S.A., and how a debt crisis happens
How does a marginal high debt load turn into a crushing burden and debt crisis, and how do a few countries compare? Continue reading
Posted in Economics - Trading - and Money, Political Current Events
Tagged Crisis, Debt, Greece, Puerto Rico, USA
11 Comments
Eurozone Socialism Spat
Germany discovers what it is like to have any money in our wallet when a socialist is hungry… Continue reading
Posted in Economics - Trading - and Money
Tagged Bailout, Crisis, Eurozone, France, Germany, Greece, socialism, Spain
31 Comments