Euro Zone banks are not to responding to the ECB’s generous boost to liquidity by increasing their lending.
Tag Archives: Carl Weinberg
Japan-style death spiral for China?
Will similarities with Japan’s banking practices of the 1970s and 1980s be the death knell for China’s economy?
Two tales of credit woe
The monetary data from Japan and Britain suggest that there is core weakness in the underlying economy.
Globally, industry has yet to recover
The problem with the recovery from the global financial crisis is not just lower growth rates, but still-depressed levels of activity.
The meaning of negative interest rates
Yields on 10-year JGBs and Bunds are approaching zero. But the meaning of near-negative interest rates is different in Japan than in Germany.
Sad day for the global economy
While the United States fights a futile trade war with China, the rest of the world loses.
Whose inflation forecast do you believe?
The ECB’s plan for ending asset purchases hinges on a questionable CPI forecast.
Could Iran sanctions advance yuan globalization?
In principle, Iran could sell its oil for yuan, running the transactions through China-based financial institutions, futures markets and clearing institutions.
Where have the world’s consumers gone?
Low wage growth may morph from an inexplicable aspect of the current economic setting to a driving force behind a credit crunch and broad contraction of aggregate demand.
Credit drought is killing Euro Zone expansion
It is both cheap and easy to blame the Q1 slowdown on bad weather. The real culprit is credit.