Tag Archives: Crisis

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

Posted on 17 July 2016 by E.M.Smith

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

Greece, Puerto Rico, the U.S.A., and how a debt crisis happens

Posted on 1 July 2015 by E.M.Smith

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 , , , , | 11 Comments

Eurozone Socialism Spat

Posted on 25 June 2012 by E.M.Smith

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 , , , , , , , | 31 Comments