Archives for: draghi


The Frozen Avalanche

by Mitch Feierstein about 11 years 7 months ago

OK. We know the picture. Europe is in crisis. Italy shivers on the brink of default. The United States has an utterly unsustainable deficit and politicians who can neither rationalize taxes nor cut entitlements. Banks are overleveraged and have their books stuffed with low grade assets. Their capital buffers are made up of nonsenses such […]

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