Stratfor: can Europe’s banks break free from their doom loop?

Summary: Banks are the financial heart of modern nations, and Europe's are in trouble. One of its greatest, Deutsche Bank, has severe problems. Here Stratfor looks at the perilous state of Europe's banks, looked in a doom loop by their holdings of government bonds. Can the Eurozone Break Its 'Doom Loop'? Stratfor, 16 February 2017. … Continue reading Stratfor: can Europe’s banks break free from their doom loop?

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Stratfor: Germany and ECB Face Off. Better than any WWF fight.

Summary: The monetary experiments central banks are running in Japan, Europe, and America will shape the global economy of the 21st century -- no matter what the result. Here Stratfor looks at the growing tensions between the ECB and Germany. It's a sound analysis. But note Stratfor's top-down perspective. By "Germany" they refer not to … Continue reading Stratfor: Germany and ECB Face Off. Better than any WWF fight.

Today began the next phase of the great monetary experiment, as reality plays a trump card.

Summary: Today began the next phase of the great monetary experiment, the collision of Central Bankers' bold promises with reality.  History suggests skepticism about the odds of CB's success (e.g., see the many unbreakable currency pegs and unions which broke). Today the Swiss National Bank folded its cards. Here we discuss the significance of this … Continue reading Today began the next phase of the great monetary experiment, as reality plays a trump card.