Alex Christoforou — More EU Trouble. Deutsche Bank Chief Economist Wants €150 Billion Bailout For EU Banks

Systemic risk.

Italy’s Prime Minister, Matteo Renzi, fired shots at Germany’s financial EU hegemony when, during a joint news conference with Swedish Prime Minister Stefan Lofven, said:

“If this non-performing loan problem is worth one, the question of derivatives at other banks, at big banks, is worth one hundred. This is the ratio: one to one hundred.”

Renzi was referring to the massive, trillions of derivatives Deutsche Bank is carrying on its books. According to Renzi, Italy may have issues, but “other” European banks have much bigger problems.…

The Duran
More EU Trouble. Deutsche Bank Chief Economist Wants €150 Billion Bailout For EU Banks
Alex Christoforou

Brian Romanchuk — The Calculus Of Crisis

The last remaining drops of yield are being wrung out of the global government bond market while bears run amok. Although the adage "He who panics first, wins!" must be kept in mind, it is still not obvious whether or not this a re-run of previous summer silly seasons in financial markets.

Since I am not able to give financial advice, I will keep these remarks brief. I just want to lay out how investors should weigh various risk scenarios, without suggesting what outcome to expect.…

Bond Economics
The Calculus Of Crisis
Brian Romanchuk