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

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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

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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

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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

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