Mario Draghi cannot possibly admit that he is dead wrong in managing the European economy. This idea that continuing to lower rates will somehow inspire people to...
The European banking crisis is spreading rapidly. There are now concerns in Italy and in Portugal as well. The ECB cannot even understand why people would not want...
The European Central Bank (ECB) announced it will decide in the coming months whether monetary policy should be eased any further. Clearly, Draghi is completely...
The world financial crisis that is unfolding post-2015.75 is different from that which followed the 2007.15 peak in the ECM. As stated countless times, each event...
The European Central Bank (ECB) will start buying corporate bonds on June 8. This will broaden Quantitative Easing by expanding it to a new asset class in a...
Tensions are starting to rise between Germany and the ECB because Draghi will not admit his negative interest rates are causing an economic meltdown. “We...
So-called helicopter money involves using a central bank’s power to create money to directly inject funds either into government coffers or straight into the...
In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators. Italy’s government had to address the plight...
Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their...
