The Wrath of Draghi: Bailed-Out German Megabank Imposes “Negative Interest Rates”

Wolf Richter   www.wolfstreet.com   www.amazon.com/author/wolfrichter Commerzbank, Germany’s second-largest bank, a toppling marvel of ingenuity during the Financial Crisis that was bailed out by ever dutiful if unenthusiastic taxpayers, will now reward these very folks with what Germans have come to look forward to: the Wrath of Read More …

The absence of national adjustment tools is the reason why Eurozone countries continue to struggle

Alison Johnston is Assistant Professor in Comparative Political Economy at Oregon State University. Aidan Regan is Lecturer in European political economy at the School of Politics and International Relations (SPIRe) in University College Dublin (UCD), and Co-Director of the Dublin European Institite (DEI). The Eurozone Read More …