Tags » Draghi

Europe's Fragile and Bad-debt Ridden Banking System (Happy Columbus Day!

In honor of Italian explorer Christopher Columbus, here is review of Italian banks (as well as a benchmark, Deutsche Bank).

Here are two notable Italian banks: Uni Credit (a global systemically important bank – Bucket 1) and  260 more words

Draghi on Bitcoin – ECB Doesn’t Have The Power … Yet

Don’t let ECB President Mario Draghi’s statements about Bitcoin fool you.  He’s thinking long and hard about it. 

ECB President Mario Draghi is a cagey character.  643 more words


Waving White Flags

What if bears have been right all along? This has been my premise obviously looking at the big picture through a structural lens analyzing the math, demographics, debt, cycles, etc. 1,599 more words


bad Banks (2014)

Bad Banks – Alex Brummer – 2014

In January 2013, for example, Bank of America Merril Lynch agreed to pay the government $11.6 billion in penalties relating to the mortgage transactions it had conducted with intermediary Fannie Mae. 768 more words


The Free Money Illusion

Since 2008 central banks have intervened in global financial markets in one form or another, primarily via low/zero/negative interest rates, but also with various, repetitive and ongoing quantitative easing programs. 739 more words


D.C. Dysfunction and Central Bank Chaos

By Michael Pento – Re-Blogged From Pento Portfolio Strategies

On September 5th, the members of both houses of Congress of the United States cleaned the beach sand from between their toes and returned to work. 866 more words

GDP & Employment