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The Eurozone Banks’ Trillion Timebomb

The Eurozone Banks’ Trillion Timebomb Eurozone banks have fallen dramatically in the stock market despite the results of the stress tests carried out by the ECB, and the EU Banks Index is down 25% on the year despite year-long bullish recommendations from almost every broker. This should not surprise anyone because we have seen in […]

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Why the Financial and Political System Failed and Stability Matters – Thoughts – Nomi Prins

Why the Financial and Political System Failed and Stability Matters – Thoughts – Nomi Prins. The recent spike in global political-financial volatility that was temporarily soothed by ECB covered bond buying reveals another crack in the six-year-old throw-money-at-the-banks strategies of politicians and central bankers. The premise of using banks as credit portals to transport public funds […]

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Errors Found In The ECB’s “Confidence-Boosting” Stress Test | Zero Hedge

Errors Found In The ECB’s “Confidence-Boosting” Stress Test | Zero Hedge. Just when you thought the humor out of the central bank that just released a stress testwhose adverse scenario did not even assume the most likely Eurozone outcome, i.e., deflation, couldn’t get any better, moments ago we learned that the test, which was supposed to […]

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Olduvai IV: Courage
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