• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

A Look At Upcoming LCH.Clearnet Margin Hiking Milestones

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Wed, 12/01/2010 - 10:44 | 767618 Oh regional Indian
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Spain's big hidden problem Banco Santandar via Brazil Via the UK.

It's loan book is terribly shaky and it's also TBTF.

As goes BS (how fitting) so goes the Spanish Banking system.

The rest is noise.



Wed, 12/01/2010 - 10:44 | 767619 Jason T
Jason T's picture

The whole monetary world is on a Rudolf Havenstein policy.


Unemployment will be 1% very soon while morals get junked and those thought to be responsible for this monstrously evil policy of money printing may have hard time finding friends. 

Wed, 12/01/2010 - 10:46 | 767625 Cleanclog
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Call it "We've fun out of options, so if we copy, we'll all get in trouble together!".

Not gonna work, but what they're doing isn't and they can't just do nuthin - except they can.  They wont'.  And the systems will break down in an ugly social phenomena.

Wed, 12/01/2010 - 11:03 | 767666 idea_hamster
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"LCH is nearly 100% covered by margins in the event of Irish default, even excluding proceeds from sale of the collateral"

I am sooooo in the wrong line of business....

Wed, 12/01/2010 - 13:56 | 767671 idea_hamster
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Wed, 12/01/2010 - 11:16 | 767702 gwar5
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With so many countries on brink of default, rates must go up. What then? 

Commercial real estate will get killed and low rate bonds be worthless?


Wed, 12/01/2010 - 12:07 | 767973 erik
erik's picture

If the ECB decides to do QE, then gold/silver will probably enter their exponential phase.

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