Tagged: bailout


This is how a “bail-out” becomes a “bail-in”

by Simon Black Here’s the perfect example of how insane our financial system has become. It was announced yesterday that, after a 24-hour white-knuckled ride, Spanish banking giant Banco Popular had been sold to Banco...


The Proposed Euro Bond Issue to Bailout ECB

by Martin Armstrong COMMENT: Well Mr. Armstrong, perhaps you are wrong at last. It looks like your meetings in Brussels that quite a few people noted you shuffling around town did have an impact....