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Daily Archives: September 26, 2016
Global liquidity crunch spreading amid mean reverting demand and trade
Excessive leverage 2005-2015 brought forward years of what would have been future demand and booked it as sales in the present, now the future has arrived and the world economy is slumping into the demand pothole this behavior left for … Continue reading
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Deutsche banking on another rescue
As we have written earlier, Deutsche Bank is a canary in the ongoing global financial crisis. Its culture and management have blown up a $2 trillion balance sheet with reckless risk taking, illegal activities and suicidal-leverage. Now they are blaming … Continue reading
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