liquidity – Page 9 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

The ECB is on Mars

There will be more defaults in the eurozone

LTRO operation is pushing Spanish banking system closer to collapse

Lots of Recent Policy Missteps: What are They Thinking?

When Virtuous Cycles Turn Vicious

Chart of the Day: Flight to safety – German Bunds edition

Spain is in big trouble

Guess which central bank is going to copy the ECB and provide 3-year loans?

On Spain, Spanish banks and Spanish local elections

On the Greek default and easy money from the ECB