Germany – Page 19 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Portugal: austerity budget with highest tax increase in history as prep for OMT

German Pensioners have lost 20% of their purchasing power since 2000

Europe brought the IMF into its bailout scheme to enforce discipline and now the IMF have turned on them

My Comments on Spiegel’s Post on How Monetary Policy Threatens Savings

Peripheral bailout extensions will be unwelcome during a German election year

Rajoy was hoodwinked and now Spain faces a debt deflationary spiral

How Germany can avoid TARGET2 losses if the euro zone breaks up

A more comprehensive look at the ECB’s OMT program

First reaction: The ECB’s OMT monetisation is for banks as much as sovereigns

Daily: Europe’s political struggle over ECB monetisation