May 10th, 2012 | by Stanislas Jourdan | published in Beyond the crisis, Warning signs | 3 Comments »
Often quoted as a role model for managing its economic collapse, Iceland is the topic of much discussions on the internet and among current protests in Western countries. While part of this acclamation is justified, one should not idealize the situation of the country now.
April 25th, 2012 | by Stanislas Jourdan | published in Warning signs | 1 Comment »
Another warning signal that the euro crisis is far from over : French banks withdrawed roughly 62 bn euros from the so called PIIGS countries last quarter, Bank for Settlements’ new data release shows.
April 25th, 2012 | by Stanislas Jourdan | published in Crisis routine, Warning signs | 1 Comment »
The European Central Bank is suspected to have lent more extra money to banks than we knew so far. While some people suspect spanish banks for being beneficiary of such operations, Cyprus’s banking system could also be concerned. Here are at least some intriguing evidences.
April 18th, 2012 | by Stanislas Jourdan | published in Warning signs | Leave A Comment »
Today, the central bank of Spain published its monthly statistics on doubtful assets owned by its private banks. Doubtful assets are mainly composed of non-performing loans or arrears. In other words: money owed to banks that household or companies are possibly not going to pay back. Without surprise, the amount of these bad assets is still […]
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