Tag Archives: Contagion

Chinese Stocks Tumble On Contagion Concerns From First Shadow-Banking Default

Posted on January 16, 2014 by DRenegade

While manufacturing and services PMIs disappointed, the big problem in big China remains that of an out-of-control credit creation process that is blowing up. As we previously noted, instead of crushing credit creation, the PBOC’s liquidity rationing has forced distressed companies … Continue reading →

Posted in Editorial, Financial | Tagged , | Comments Off on Chinese Stocks Tumble On Contagion Concerns From First Shadow-Banking Default

This Is the Economic Trigger

Posted on November 17, 2011 by DRenegade

The “serious risk” outlined by Fitch Ratings concerning the exposure of U.S. banks to Europe’s contagion is much worse than what is being reported below. There is no “IF” but only a matter of time “WHEN” our banks will fail … Continue reading →

Posted in Editorial, Financial | Tagged , , , , | Comments Off on This Is the Economic Trigger

EU Contagion Spreading to American Banks

Posted on November 16, 2011 by DRenegade

The stock market lost190.57 points today after a report from Fitch Ratings stated what most financial experts already knew: the contagion spreading through the European Union which will collapse their continental economy will also collapse our American banks. As detailed … Continue reading →

Posted in Civil Unrest, Editorial, Financial | Tagged , , , , | Comments Off on EU Contagion Spreading to American Banks

Latest Financial Reports from the European Union Crisis

Posted on October 2, 2011 by DRenegade

A flurry of reports on the European Union’s fiscal crisis has been released just prior to the opening of the European stock markets. The following articles detail the latest information from Switzerland, Germany Portugal and Greece. This will not be … Continue reading →

Posted in Editorial, Financial | Tagged , , , , , , , | Comments Off on Latest Financial Reports from the European Union Crisis