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Tag Archives: European Banking Crisis
Seriously? Swissie a Safe Haven During a Banking Crisis?
We are reposting an oldie but goldie piece, given the market jitters over Credit-Suisse. We are baffled by the conventional wisdom that a bank run or crisis is deflationary. Yes, in the early 1930s, when the Fed and other central … Continue reading
Seriously? Swissie a Safe Haven During a Banking Crisis?
Repost of an oldie but goldie, (as in a decade old), especially relevant given the rumors in today’s market. Here’s to hoping the policymakers have rectified some of the issues, but in our experience goveventments are reactive to a crisis … Continue reading
Seriously? Swissie a Safe Haven During a Banking Crisis?
Here’s in an interesting chart, originally posted over at Zero Hedge, that makes us wonder do we really want to be long the Swiss franc during a European banking crisis? Note the chart may be a little dated, but we … Continue reading
Posted in Black Swan Watch, Currency, Sovereign Debt, Sovereign Risk
Tagged Bank Assets to GDP, European Banking Crisis, Swiss Franc
3 Comments
Is It Déjà Vu All Over Again?
Great ‘toon on the 1932 banking crisis, dated May 24, 1932, posted over at the Worthwhile Canadian Initiative blog. See our post, Credit-Anstalt 2.0?. The caption reads: “Phew! That’s A Nasty Leak. Thank Goodness It’s Not At Our End of the Boat.” … Continue reading